the best ipo to invest in,as we all know india is witnessing construction boom and on the other hand euro brand is very reputed in the ceramics industry,the revenue and profit of the company is the best example.the growth prospects of the company seems very attractive.apply in large numbers.
Euro Ceramics: Invest at cut-off (Vidya Bala - thehindubusinessline)
Positives: 1. Given the current real-estate boom, Euro Ceramics is likely to witness robust demand for its product over the next couple of years. 2. High profit margins. 3. 60% of the company's clients are institutions 4. Company is enjoying certain tax and duty exemptions available for its factory in the Kutch district.
Risks: 1. Threat from cheap imports are major industry risks. 2. Relatively new player (incorporated in 2002) and faces tough competition from well-established branded players.
Does not seem very promising. went thru Draft RHP and did not find post-issue EPS mentioned anywhere. More over they mention EPS as if it is post-issue. some where in the corner of a table it is mentioned that eps mentioned here is pre-issue.
all in all it looks like that the company is trying to make a fool of public.