As on 21-Sep-2017 17:15:00 IST Cumulative Demand (no. of shares in lakhs) Bid Price (Rs.) Note: Cumulative (NSE) bid quantity at each price point includes the quantity (NSE) bidded at that relevant price point and all valid bids above that price point.
Total Issue Size 3584000 Total Bids Received 929600 Total Bids Received at Cut-off Price - No. of times issue is subscribed 0.26
Dear eminent members - I am interested in this IPO as client list looks impressive but have few observations, please could some one look into this and provide inputs ? 1. Litigation for taxes of around 2 crore rs. against companies. 2. Tax litigation against promoter groups ? Are these corp governance issues ? 3. Continuous dilution of equities for last 5 years - from balance sheet 4. Net cash flow was negative for 2 years in last 5 years 5. Debt to Equity is slightly greater than 1 6. Debt burden ratio is very high , my calculation says 94 ??
In the performance of DP Wires you have written as follows. "On performance front, SKML has posted turnover/net profits of Rs. 93.62 cr. / Rs. 1.25 cr. (FY14), Rs. 139.13 cr. / Rs. 1.67 cr. (FY15), Rs. 160.06 cr. / Rs. 2.19 cr. (FY16) and Rs. 196.83 cr. / Rs. 5.00 cr. (FY17)." Its an inadvertant slip I presume. Please correct it. Regards, Parvez