The company has not even mentioned all its creditors clearly. The debts are huge and debtor turnout is very poor. Increasing sale is considerably increasing outstanding. When cash flow is -ve why and what kind of investing is company getting into ? Apart from above all other points in +ve side mentioned by member on the top mssg are agreeable. Risky affair...
Can anyone explain the difference between Lead Manager and Market Maker ? For this IPO Lead manager is Beeline which is average and Market Maker is Nikunj whose history I am not aware of.
The issue looks good but the LM and MM will be crucial
Instead of investing with risk in this co with 7.x P/E , one can consider Worth Peripheriperals available at 8.7 P/E with good track record in packaging industry good client list. Pl do your own research before investing in this Co.