Sir I am ready with application. Heard from the market one big HNI may participate this issue. After unblock funds of Dungee tomorrow, i will decide after 2.30pm whether Hni comes big way or atleast 7 times.
Looks a niche play. They seem to have some patents pending. Also found that there is US based website (www.marshallautomationamerica.com) as well, where they showcase their 'smart' product in exhibition - upcoming one in Chicago in Sep 2018. Company is old one but has had been acquired by current holders 10 years back. I havent fully looked at prospectus yet. They seem to claim they have a order book of 55 crores as of Jul2018, which is almost their 1 year revenue.
Having said all these, as others pointed out, 2 things irks me i) Unexplained PAT increase ii) All these first timer comments in this section, possibly from the company.
If these spammers aren't here, I would rather go ahead and apply for this. Now, I am thinking twice.
Moderator. Please check first time user below coming to promote company . Please delete the message. Also whenever company employee come to promote company then it's strict no to apply
Technology on which they are working is new emerging technology and there demand will increase definitely.. That can be reason of there steady growth.. I will apply but subscription figures matter that how many lots i will apply..
People can look to subscribe for the long term. Their IOTQ product is unique which has serious potential to grow in coming years as the manufacturing sector picks up going forward.
When revenue was 4390 Lakhs the PAT was 41.53, how come at 5942 revenue, PAT is 500 Lakhs? Big Big question mark. So, there are two probabilities, either before the financial year 2018, they were hiding there profit or this profit is fake.
YES SUDDEN JUMP IN PROFITS WITHOUT CORRESPONDING JUMP IN TURN OVER THAT IS A BIG DOUBT DO NOT INVEST IN THIS COMPANY LEAD MANAGER'S PREVIOUS ISSUES CROWN & HUSYS HAVE REDUCED INVESTORS CAPITAL BY HALF
SARTHI IS VERY DUBIOUS MERCHANT BANKER INVESTORS HAVE BURNT THEIR FINGERS OBSERVE CAUTION