I did some additional research about this company, and to my shock lot of things do not make sense. Number of employees on linkedin is only 12 including MD and few dummy profiles. most of them are executive/ backend people.. Only 12 people!!! Also in last year, the revenue and bottom line suddenly increased.
This all points to some wrong doings in the company. This is big redflag and soon corporate governance issues will crop up.
Which IPO is good out of Silicon Rental and Cargosol? are there any chances of a negative listing in them? Can safe investor like me apply in both of them?
Initial I was considering this IPO. but looking at subscription and fully prices I am little bit confused. Can anyone suggest what to do with this IPO ?
Cash Rich Person can apply. If you have limited funds then Your Priority Should be ..... 1. Insolation 2. Concord 3. Cargosol Logistics Limited 4. Cargotrans Maritime Limited 5. Silicon Rental 6. Reetech
18.1. SamJos| Link| Bookmark|
September 29, 2022 8:40:07 PM
Top Contributor (500+ Posts, 100+ Likes)
Why cargosol ahead of Cargotrans? Subscription figures are reverse with great margin.
Dear, Mravi, nurool, lokes, eagleeye, ipoinfo and other experts
What is yours strategy in this ipo? Can you apply here? Please reply.
16.1. lokes| Link| Bookmark|
September 29, 2022 4:36:08 PM
IPO Guru (4300+ Posts, 5100+ Likes)
ya i will apply here.... retail or HNI will be decided tomorrow but will apply for sure.... dont have much funds left after multiple retail applications made today in around 5 sme ipos from 3 accounts....