18. ipo share| Link| Bookmark|
February 16, 2023 7:08:16 AM
IPO Guru (1600+ Posts, 700+ Likes)
LM's past performance does not give confidence. 3 out of 5 IPOs handled by it listed in discount.
18.1. Imhilli| Link| Bookmark|
February 16, 2023 8:20:58 AM
IPO Guru (1200+ Posts, 700+ Likes)
Profit and net asset increasing with decrease in revenue... any 🎩?
18.2. KAPPO| Link| Bookmark|
February 16, 2023 10:29:36 AM
IPO Guru (1200+ Posts, 800+ Likes)
BHATIA COLOUR KI DEAL OR LISTING LOSS LENE KI DEAL HUI THI JISME BECHARE RETAILER FASS GAYE TOH YE SAB ANDAR KI BAAT BAHOT KAAM LOGO KO HI PATA HOTI HAI SO BE CAREFUL IN APPLYING SME
17. Romy HNI| Link| Bookmark|
February 16, 2023 9:44:24 AM
IPO Mentor (500+ Posts, 400+ Likes)
Please check history of promoters and let me know what return past issues have given to public...
12. Romy HNI| Link| Bookmark|
February 13, 2023 9:16:36 AM
IPO Mentor (500+ Posts, 400+ Likes)
why Dates and prices not being disclosed?...
Waiting for what???
12.1. Romy HNI| Link| Bookmark|
February 14, 2023 11:39:03 AM
IPO Mentor (500+ Posts, 400+ Likes)
Still no details on public domain....Keep on waiting
12.2. SamJos| Link| Bookmark|
February 17, 2023 3:10:58 AM
Top Contributor (500+ Posts, 100+ Likes)
Ab disclose ho gayi hai, toh mein promotors or LM ki himmat ko dad deta hu, ke date select ki immediately after Sealmatic & Macfos ipo. Logo ke paas kya bacha hoga isme apply karne ke liya!!!
11. PLAZA| Link| Bookmark|
February 12, 2023 12:25:50 PM
IPO Guru (2300+ Posts, 1300+ Likes)
experts please rank the issue for applying in all sme pl.
10. Romy HNI| Link| Bookmark|
February 12, 2023 10:58:38 AM
IPO Mentor (500+ Posts, 400+ Likes)
Some IPOs will destroy the whole SME IPO market for sure.... Small investors will run away for ever
The company has earned profit of 2 Lakhs and 7 lakhs in a turnover of 25 crores and 20 crores respectively. @rajabanks, if the company has switched there business from trading to commission, than why company needs Borrowings and IPO funds for commission business.....
In FY 2022, the company had turnover of Rs. 387.95 lacs as against the turnover of Rs. 2053.58 lacs in FY 2021 and Rs. 2488.70 lacs in FY 2019. (Why 2020 figures missing in urs reply and prospectus as well)
5. ipo share| Link| Bookmark|
February 7, 2023 6:43:23 PM
IPO Guru (1600+ Posts, 700+ Likes)
Why should one apply here? Financials seems to be cooked - Revenue is decreasing but surprisingly, NP is increasing. Borrowings have also increased manifolds. LM's performance is below mark. I don't find a single reason to apply here.
Q. Why is profit rising after declining revenue? Ans- In FY 2022, the company had turnover of Rs. 387.95 lacs as against the turnover of Rs. 2053.58 lacs in FY 2021 and Rs. 2488.70 lacs in FY 2019.
***The Firm had switched to act as commission agent and charge the commission instead of purchasing the goods and selling the goods. ***
In FY 2022, the commission income of the firm was Rs. 113.66 lacs as against the commission income of ` 0.14 lacs in FY 2021 and `27.74 lacs in FY 2019.
So they basically switched their way of business and increased their profit margin drastically, a smart move if you ask.