S K S Textiles Limited IPO Message Board (Page 3)

WHICH ONE IS GOOD TO APPLY ??

Sub figur

AVOID to save CAPITAL!

When this IPO Listing on NSE ?

sks avoid or apply

Clear avoid. It is strange that topline is moving but no movement in so called profit.

21 P/E? for a business with 1% Operating margin?..No..these guys can''t be serious...

I didn''t understand one thing.
What is the point of doing business if a business cannot generate profit more than bank interest rate.
I calculated debtors days for previous years, it is coming to 90 days.
Even considering cash flow, this business is not generating 4% per annum.
I guess this business is meant to give very high salaries to family members,not for investors like us.

True that, and like you I too don''t see any meaningful benefits of amortization here, as the growth parameter is missing (Let aside the aberration, ie - last two quarters). I don''t know what the current capacity utilization is, but they don''t seem to be in a hurry to expand either.
No big plans, no opportunities, no diversification, Its a "Chalti Ka Naam Gaadi" type of business to provide Rozi Roti for a few. Not worth bothering for investors...

How is sks textiles ,should be subscribed or not?

Avoid

Big avoid.

How comes textile business earn such low profits. Even share price is so high. Company is like " ऊंची दुकान फीकी पकवान ".

Issue at high price.wait for good ipo for earn money.

Very old company with good background. Must apply. This issue will oversubscribe more then 50%.

Average issue but very aggressively priced.

Yo!