It seems every customer of the brand has come to this forum suddenly to show how good are the clothes..:D That again within a few hours this evening.. Strange!!
The company is in operation for few years.The margin is around 1%.If the product is so great and liked, it must have reflected in financials, top line and bottom line.It made loss 2 years back.Huge equity around 5.5 crores through bonus does not speak well about promoters. Beware of these small companies taking the advantage of booming markets. Mahindra & Godrej also great brands but too greedy.Therefore their IPOs have almost failed on bourses .
An outstanding brand. Tried many times. Good to see that they are launching an IPO. An impressive move. I am sure it will be a huge success. Worth an investment. Good luck!
Good to See Young Enterpeneur Coming in to the Foray. Brand Presense is quiet good in Delhi NCR. Spreading & Increasing the Outlets very Fast. Looking forward to the Launch. Keep posted about the launch date. ????
If u go thru the DRHP, it may b noticed that net profit till last year was v low , in few lacs.There was a loss too in one year.In tge mean time, company has issued huge bonus itself and bloated the equity before issuance of ipo.Therefore my suggestion is to b careful.
I have used Monteil products. It''s good to see a known brand making a foray and expanding. My bielf remains in the solidity of brick and mortar... And Monteil with her manufacturing and current retail... Is far better a name than then fly by wire that keep popping up.