Vertexplus Technologies Limited IPO Message Board (Page 4)

@VentureStack Partners
Thanks for providing very useful inputs regarding Vertexplus.
I have read on this forum previously also that office is being run from residential premises of owner.
Financials never looked satisfying with absence of growth in revenue and net profit margin around 8% only. It should not happen in case of an IT Company.
Was considering to skip this one and your post has further strengthened my belief.
Thanks again 👍🙏

Please write positive and negative both the points of ipo, only negative looks good for some issues, but not for every ipo. just my opinion. 🙏

Thanks @Ipo Share! We're glad we could be of some help. Credit must also go to this forum and all its members like yourself for sharing their perspectives and help a prospective investors in the process.

Dear @ANSA, your point is well taken but there is a certain rationale behind us posting on this forum besides a few others where we are a participant. We also understand of your expressed participation in this IPO and that your statement may be coming from a position of an implied bias and there is nothing wrong in that. While there are always a lot of helpful fellow members sharing the positives and their rationale behind participating in an IPO, we try and share thoughts keeping the medium-long term investor in mind. We only comment where we have the much required vertical expertise and where we feel an investor's hard earned money may get trapped. Hope we're able to put your query to rest.
Best Wishes & Happy Investing!

@venturestack
Nice analysis. Helps newbies like me.

Can you please give your views on Varanium Cloud. Am holding since IPO alottment
Thanks

great work done by

venture stack partners..

it takes so much research to find this things...

sir

if possible please review every ipo🙏

pro nd cons etc...

@VentureStack Partners.. Thanks for reviewing Vertesplus IPO..

I have not seen your reviews on Systango. I know it's a bit late but can you please review and comment on Systango IPO.

Thanks

Thank you @SachinK, @HopeIsLife, and @Avenue and all other readers who took the time to read through our typically longer than normal messages on the board. We're glad you found merit in our synthesis.

@SachinK A cloud infrastructure is so much more than just setting up a data centre site or maybe two. While the cost of storage has come down significantly and has followed Moore's law till now, a cloud infrastructure built specifically for third party usage still requires an enormous initial capital spend, a recurring cost of maintenance, obsolescence, and replacement of the hardware to keep it abreast with the software updates, manpower costs, and then there are massive energy costs involved. Site and country level BCP that includes building data redundancies on the network are a given which actually multiply the cost structure. All of this requires a continuous heavy investment. Giants in the space like Amazon, Google, and Microsoft and limited Indian players like Reliance can support and fund such an infrastructure owing to their intrinsic use cases. There is a reason why a lot of Indian IT giants have shied away from entering this space and its a simple function of risk-reward which isn't as favourable as it looks. While we would refrain from making any direct investment advise, what we would suggest is to maintain an extremely strict discipline; discipline in buying, discipline in sustainable goal setting and profit booking and then sticking to that discipline even if comes at the cost of missing on a certain part of profits. Also, don't limit yourself and study global markets as well since they might present a very favourable entry point into the global market leaders. Economics, mathematics, statistics, and technology, the more you are versed with these four pillars, the better you'd be poised for favourable outcomes. We wish you the very best!

@HopeIsLife Your request is gratifying for sure and we thank you for your generosity. We are laser focused on separating grain from chaff and there are limited industry verticals we operate in. The small nuggets shared here are actually condensed extracts published by our India team meant for the global consortium of investors we represent. Since we do not track all the entire gamut of stocks in the Indian primary and secondary market, it would not be possible to share thoughts on all the IPOs. Please accept our apologies for the same.

@Avenue We haven't yet performed a deep dive research on Systango which comes across as a custom web/ mobile app and SEO agency with two solutions focusing on ed-tech (Swotter LMS) and fin-tech (Shootih), the verticals that have lost the most sheen and steam. It would be interesting to see how small players of this size pivot their business model and offerings in the age of AI platforms like ChatGPT. If they are not able to build solutions on top of such AI platforms (services, APIs, etc. like 'Notion' by Notion Labs), they would be history sooner than they think. Hope this gives and idea of how to take your investments in tech and ensure they're future proof.

Best Wishes & Happy Investing!

P.S. Much like ChatGPT which is developed by OpenAI now hosted on MS Azure, the demo of 'Notion' developed by Notion Labs is a must experience piece of tech that highlights the power of AI and how it will change all traditional software development models for good.

@VentureStack, How you can say thier client list is cooked up ? Have you verified with client ?
Company may be small but their business have huge scope in future related to cloud based services.
As Small Size issue and QIB have 50 % quota so I hope it will manage to list with good premium.

Happy to see again your long comments and Guidance @ventureStack Partners

Greetings @Hostpacker! Your concern is well founded and to answer that, let's just say that we happen to verify the same with a senior level govt. functionary, a committee chair in a major NGO body, two founder promoters, and a CXO level executive upon their enterprise's association with this so called company. The response we got should better be left to an astute imagination. Lack of any case studies on their portal further corroborated our doubts and the financials only cemented them in stone. Mauritius based funds as anchor investors and putting up peanuts for participation isn't too confidence inspiring. What was surprisingly humorous though was the fact that the company doesn't even own its trademark. Seems like somebody is more keen on earning lifelong royalties for lending his brand to the company.

Next, we checked their physical premises which is located at a dingy outpost in the fringes of Jaipur city and could easily make out that even accommodating their claimed workforce of '350+ team of experts' just wouldn't be possible in such a facility. Forget 350, the place cannot accommodate half of those employees in a single shift in that residential house which happens to be their office. They took 'work from home' a bit too literally it seems. Their quoted Noida address in Priska Towers actually lies vacated since 2021. Their Georgia US location is a place of residence again. Their Vancouver Canada address has a Starbucks but no signs of their office on the 2nd floor of the building. In fact, the floor is available for lease. Looks like they ran away from here too. Their Singapore office is supposedly operated out of a co-working facility and is a virtual address. And then, wait for the funny bit, their quoted Malaysia address actually houses an adult education school by the name of 'Work And Study Singapore'. ISO certifications anybody?

We would also like to gather your understanding when you say 'their cloud business'. What do you mean by it and what makes you think that they are a cloud services company?

We are a sponsor at one of the largest tech incubators in the silicon valley and are privy to thousands of such fly-by-night businesses white-labelling themselves as 'cloud or tech business' all for the purpose of raising funds. Mark our words, wait for another 6-12 months and you'd see every Indian tech IPO using the term 'AI' as it turns into the new fad and cloud becomes a passé.

We hope this should put your query to rest as we strictly put our money where our mouth is. Your investments should ride on your own well informed decisions and it should only be you to decide if the business is really investment worthy. Best Wishes!

Thanks & regards @Chotiwala!

@VentureStack , Thanks for your reply.

@venturestack

Thanks a lot for such detailed reply. Look forward to continued guidance from you in future..

Thanks for your kind words of appreciation @SachinK & @Hostpacker! We'd certainly try and share information wherever we feel we are able to add value or a perspective to the discussion.
Best Wishes & Happy Investing!

Your details are indirectly approved by qibs as their participation is very low.

Greetings @SJogi! Thanks for your kind words of appreciation.

We are of the opinion that no small retail investor should ever decide to invest or not to invest basis somebody else's actions or the lack of it. These 'somebodys' may include not only lead anchors and QIBs but also certain HNI Investors who may exert high influence on public sentiment and tilt outcomes for a very short term. The examples of people who blindly followed the once upon a time superstars of the financial kingdom, people like Bernie Madoff and more recently Samuel Bankman-Fried and lost not millions but billions should serve as biggest examples of why not to act like a sheep in this world of wolves that we call markets.

Conducting own research and due diligence is a must and once that's done, one may look at the larger public sentiment to gather a broader perspective.
Best Wishes & happy Investing!

right!!
keep going BRO!

@VentureStackPartners. Thanks for your reviews and your efforts to safeguard investors. I request you kindly suggest ipo review site. Since you expressed inability to review all IPOs. Many investors are trapped and incurring heavy losses due lack of no recommendations. Thanks

Correct

Well said agree with u

Thanks for your kind words @Boyani and @SantoshIPOInvestor! Much appreciated!

@Boyani, we suggest to start with self analysing the DRHP and RHP documents in detail rather than relying on an external source whose views may be inherently biased or even riddled with ignorance. One may always seek clarification on platforms like this forum in case there are any doubts over things mentioned in the DHRP/ RHP. The cost of a good detailed report may run into thousands and lacs if you do decide to buy one and its just not feasible enough for a retail investor to spend that kind of money unless a major investment is planned. Hope this answers your question.
Best Wishes & Happy Investing!

@VentureStack - itne lambe lambe essay likhne se kya faayda hua Sir, aapke message padhkar darkar 101 me hi sale kar diya...Now see strong UC

Boss dont spread negativity and write long messages.. Ppl sold it at cheap prices thinking it may go down. Luckily I sold it at 106

sold @ 101... these long essays are of no use

After writing a long essay and spread negativity amongst boarders it is very easy to wind up with a small quote that everyone should do his own due diligence.
Please do not spend so much time here in writing such script, it can reward you more if you do the same for Bollywood. I too understand that unless there is some vested interest nobody will take such pain but this cause loss to innocent readers. Even person like me who has 37 years of involvement in stock market got carried away with your message and placed order of Rs.102/- in the pre open.
I am not blaming you, but blaming myself that despite my busy schedules I spent time reading your bull shit write up.

@Admin team,
Can we block this Venturestack guys...they are just spreading negativity...we easily missed 10% gains.

@Advantage 37 years but your commentary and tenor all seems to exhibit otherwise. Movie obsession it seems.

@SuneelP Missed 10% gains? Why not enter for an upside now if you're so convinced of the company fundamentals? IPO Mentor right!

@Admin team Block us for sure but only if we spread false or malicious information in any of our posts. Rest, we leave to your able discretion.

@VentureStack Partners... with your too negative and extremely harsh comments, you not only made many investors skipping from applying, but even before listing your continued negative sequential prevented many from buying in preopen. Your too negative comments also forced many to sell in preopen in Panic.

Predictions can go wrong but yours looked toooo details, professional and easy to believe, you even conducted a door to door survey. I hold one lot and will wait to see when it becomes a penny stock.

What hurts most is that after all your prediction falling on head and sideways, in spite of giving a proper justification ( i know it's hard after being caught on wrong foot) you are still attacking people who raise their voice against your incorrect suggestions or even miss guidance.

Best of luck in future investigations and studies ...