Company is into Manufacturing business of cotton fabrics, good clients, overall financial performance is ok, company has a manufacturing unit in narol and after start of unit company has been performing good. Company's debtors holding is high which is the only concern. Further, textile industry is performing low. Overall above average performing company.
Last IPO was worst for this LM . May be retail participants was higher than NII . This is the second IPO for this LM . I will take the call based on small investor / Raj kumar sir view .