Seems like a decent company, experienced promoter with good clients - Reliance, LT, Adani, JSW, Isro among others. Other venture by same promoter awarded 4700 lac order by MSRDC. Discl: allotted two lots will sell one and hold one lot for a while
@Dinesh Singh Aise senior log bhi jhase mai aa jate hai fir bechare new retailers ko kon samjhaye.. Sir plz kuch merchant banker ko permanent ban hi kr do for apply in an IPO as unka intention sirf lutna hota hai..jaago ab to
Closure ke baad, aise LM ka GMP aise saaf hota hai jaise gadhe ke sar se sinngh. Anyway did not apply any. All the best to all applicants for allotment and good listing.
Arjun Bhai, 18X subscription for 15Cr IPO is quite good. Let's see. What will be demand on listing. (I come to observe these type of IPOs for future reference and educational purposes only. Personally no stake now or planned in future).
Conclusion of my observation:- Literally Sabz bagh (Green pasture) dikhaya hai in logon ne. Hope investor make exit with gain or little loss. (No stake now or planned, not a recommendation to buy or sell). Stay away from these type of market participants in future.