Arham Technologies Limited IPO Message Board (Page 14)

Another Good SME IPO. Company is Good, Financials are Good. Borrowings increasing due to capex for every year. A regional player in their state and exploring other geographical area for expansion.

Everything seems good except borrowings...
Will give awesome gains.
Apply FULL FORCE 💪

Happy Investing

Rightly timed IPO. 6th Dec is the refund of 2 Big over subscribed IPOs and Investors can dump all un allotted money in to it....and this will also over subscribe by another 100X. Other than this no news or nothing special in to it.

IPOs are nowadays become like a Secondary market platform , just to try luck specially for those who have money in hand. Nobody is studying the company or financials or future .Even experienced members are giving any feedback. Even they are also trying their luck.

Everybody just wanted to be a part of it. Once the market crashes then all these companies are suddenly become bad companies and no takers will be there for IPO's ...And even company will not come up with IPO with courage since they are doubtful about themselves

ચાલો હું જ શ્રી ગણેશ કરી દવ કોમેન્ટ સેકશન નું
શ્રી ગણેશાય નમઃ

Sustained from 2013 ✔️
Sustainable business ✔️
Assets ✔️
Revenue ✔️
PAT ✔️
Issue price_ fair
Borrowing ❌
Can apply
If No competition, investors will dump unalloted money from one main board and 2 SMEs here.

Total borrowing is huge. But the borrowing to net worth ratio is improving during last 3 years. 5 times, 2times and 1.5 times in 2020, 2021 and 2022 respectively. Looks good.