Maks Energy Solutions India Ltd IPO Message Board (Page 3)

Applied 10 /1/1/1

Why is GMP not shown for Maks?

Finally applied 3 retail applns.

Skipped Varanium, Kandarp. Made two retail applications in Maks

Fix 1200

Small capital...No harm to apply.

Better not to waste energy on three SMEs now. To consider only Anpurna at the moment. No doubt going to subscribe very very heavily.
Many more in line. Better to save money.

Looks avoid only.

Clear Cut Avoid Issue,

But Listing May surprise,

Share Market a Official Casino
Any thing can Happen here

1) Huge Interest Payment of above 2 Cr in last year (showing in cash flow in Financing activities
2) Consolidated financial statement showing loss (It has loss from Joint Venture)

Looks like nothing is favourable other than its size of ipo.

Avoid as per my view for Below points

1.Loss making company
2.Not a manufacturer just an assembler
3.It does not have its own brand
4 High competition in market
5.No data of export
6.Only dealership but no address or anything mentioned about dealers
7.Merely dealership does not mean that they have sales in that company.
8.If at all they have sales as export why not mentioned in Profit or statement or in their site.

Hi Rafiq, your point no. 5 is not correct. pls check RHP page no 91 or PDF page 95. u will see the data there for export

Even if GMP is there , complete avoid.

Even if GMP is there , complete avoid.

Who Use Diesel Generator
Roof Top Solar Panel Replaced

And Rest Market Told By Big Company
Like Kirloskar Etc

It's not like that, it's used for emergency uses such as if power goes off, than in tall tower they use these diesel genarator to move the elevator to nearest floor. Also they are used mainly in agriculture machinery.

Diesel generators is the primary backup source in every muti-floor apartment / complex.

Even Binod can't see any positive side of this company.

Asking money for Repayment/pre-payment of borrowing. Also time for DG sets is over as agree with other members. Personally avoid at first sight.

Declining revenue and profit numbers
The whole world is promoting green energy-based solutions
not good for company