At an issue price of Rs 121 per equity share, the issue looks fully priced, rather a bit overpriced for SME issues. Only high-risk savvy, cash-rich investors can think to invest in this issue, else safe investors must avoid this issue in this high market.
Issue price set by promoter is very high . Not very much listing gain possible . Company demanding pe at approx 33 which is very high as compare to other peer group companies RoNW is also low .so this is high price issue . avoidable .
The Company’s name is only sufficient for us. Also, the market is all ready to scale new heights, check out prospectus page 63 @https://www.nseindia.com/emerge/corporates/content/STTL_PROSP.pdf