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United Cotfab Limited IPO Message Board (Page 5)

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8. Palka |   Link |  Bookmark | June 10, 2024 1:21:50 PM
IPO Mentor IPO Mentor (1000+ Posts, 200+ Likes)
Another Piotex....
7. TARUNSINGHVI |   Link |  Bookmark | June 10, 2024 11:58:33 AM
in 2022 company revenue was 1.88lac and profit was 1.60 how the hell is this possible such high profit margin in that year? seems like fraud accounting
7.1. MuStrFc |   Link |  Bookmark | June 10, 2024 12:19:29 PM
IPO Guru IPO Guru (2900+ Posts, 2300+ Likes)
The 2022 figures aren't revenue per se as the business was non-existent at that time. Just other income and other expenses for FY22 period and nothing else. Avoid that year to form an opinion.@TARUNSINGHVI
6. IPO LEADER |   Link |  Bookmark | June 9, 2024 7:09:15 PM
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)
Overpriced issue, better to avoid
5. Imhilli |   Link |  Bookmark | June 9, 2024 4:44:15 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
Looks good to me. I will apply FF here. As Refund from IXIGO will be available here, subscription will shoot up. Will be difficult to get allotment.
4. Imhilli |   Link |  Bookmark | June 9, 2024 4:35:08 PM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
@Admin @ Chittorgarh.com Please see if some information of the promoter the company of any IPO being covered can be shared on CG forum. Historically it is observed that promoter is one of the very important factor for growth of a company, especially in the SME group.
4.1. Valued Investor |   Link |  Bookmark | June 12, 2024 4:44:08 PM
The promoter has recently been fined by SEBI in March 2024 for artificially inflating the price of his other company. The premium charge of Rs. 70 is totally fraud. Promoter have invested at 10 rs but are asking public to buy at 70 with no effective business. Must be rejected.
3. Bambaiya |   Link |  Bookmark | June 9, 2024 9:43:34 AM
Not enough data to check the credibility of this company.
Will prefer to stay away from this IPO.
2. Confusing Markets. |   Link |  Bookmark | June 8, 2024 6:12:37 PM
Top Contributor Top Contributor (200+ Posts, 100+ Likes)
Just manipulated illogical data. No justification. Past history doubtful. Better to stay away from this.
1. Advantage |   Link |  Bookmark | June 7, 2024 11:31:20 PM
Prima facie appears to be overpriced. However, yet to go through in details