9. Aniketiaf| Link| Bookmark|
January 20, 2019 9:12:33 AM
IPO Guru (1800+ Posts, 10200+ Likes)
Narmada Bio chem IPO is likely to come in first week of February. Total issue size 90 cr 15% QIP 35% Retail 50% HNI Listing on nse , bse .
8. Aniketiaf| Link| Bookmark|
January 20, 2019 9:04:00 AM
IPO Guru (1800+ Posts, 10200+ Likes)
Xelpmoc design & tech Ltd is promoted by Sandipan Chattopadhyay, who has around two decades of experience in the information technology industry, who built Tata's first website, Tata.com. He co-founded MoneyControl and worked on (building) digital platforms for Unilever, Hyundai, IndiaInfoline, and others, before heading technology for Justdial.
7. Aniketiaf| Link| Bookmark|
January 20, 2019 8:57:37 AM
IPO Guru (1800+ Posts, 10200+ Likes)
I think promoters knew very well that either SME or Mainline Platform IPO are incurring same amount of expenses, merchant bankers negotiation, time, money, filing of reports with exchanges, CLB, Bankers, and Pre meeting expenses, Investors Presentation and Corporate, Governance etc. that is why they are Mainline....Let's see what will happen.
I haven't yet read the DRHP. But reading the description, numbers don't add up.
i) Company does all kind of steel products & projects. Revenue is 140 crores but PAT is just 56 lakhs... ii) For a company who does all these products, they only have 8 on payroll ? If these numbers are true, its a clear AVOID for me