With Due respect to Mr Dilip Davda I don't agree to his review on UMA Converter. The company is making handsome profits and better than other listed SME which have hardly any profits and were rated Apply or May apply. The company is in very promising sector and is established from 2000. It is in flexible packaging sector which is growing at the rate of 22-25% per annum.
I would like to say that don't give too much importance to any individual. Its a job for some to write these reviews.
You just make your own assessment and do as you like. Your money. Your decision. Don't come back like crying baby that due to Dilip Ji or anyone else you are stuck in any scrip.
I never read what dilip ji or anyone has reviewed. Be your own master.
Net worth is the value of the assets a company owns, minus the liabilities they owe. It is an important metric to gauge a company's health, this provides a useful snapshot of its current financial position.
*Net worth is also known as book value or shareholders' equity.*
Networth = total assets – total debts
Someone may correct if it's wrong. Or add more if anything is missing.
@Thoth Thanks I was asking in context of this IPO. Here borrowing is much more as compared to networth. As @ Sailor appears to be well versed with the company, so was requesting him if has some information on this aspect
Avi Sailor is just giving outlook of the company as general and the industry as a whole. Take it easy, no one is expert here, he is just expressing his opinion and not charging us any money.
Oh.. Can you throw some light on this aspect in respect of this coy, if you have, as I am clueless.
8.10. CoolAsh| Link| Bookmark|
December 17, 2022 2:46:52 PM
Top Contributor (500+ Posts, 100+ Likes)
If marketa don't more than what they have till now, then I will put in two retail lots of application
7. Student.| Link| Bookmark|
December 11, 2022 1:58:13 AM
Top Contributor (400+ Posts, 200+ Likes)
Wasn't This IPO's DRHP Filled for Mainline IPO?
7.1. Lokesh Chiru| Link| Bookmark|
December 13, 2022 12:06:46 PM
Top Contributor (400+ Posts, 200+ Likes)
Yes even I remember at one point of time it was considered for Mainline IPO. May be promoter thought as mainline IPOs are not generating returns for shareholders he opted for SME.
6. Smile.| Link| Bookmark|
December 10, 2022 8:40:35 PM
IPO Guru (1500+ Posts, 800+ Likes)
Issue ✔️ Price ✔️ Dates to manage funds ✔️ Business is not environment friendly but no risk in nearby years, they are taking environment friendly projects also, ,,✔️ 18 Cr without QIB, may have big selling pressure in initial days is only concern
6.1. UdanKhatola🛸| Link| Bookmark|
December 11, 2022 9:15:44 AM
Top Contributor (200+ Posts, 200+ Likes)
Vital Chemtech had QIB. We all know what happened. Retailers are unnecessarily blamed...
Stock seems promising being profitable and having good positive cash flows. Experienced and Efficient Management, Good business model and many positive things can add value to this issue.
3. JIgar A| Link| Bookmark|
December 10, 2022 5:06:38 PM
Top Contributor (400+ Posts, 300+ Likes)
Wow, I have worked in this company for 3 months in 2013, then I left as I got a government job. The company is good and profitable. A lot would have improved now. Listing gains possible. Thanks.
3.1. Safe Bet| Link| Bookmark|
December 13, 2022 2:18:48 PM
Top Contributor (500+ Posts, 100+ Likes)
@JigarA : Request to see if you can talk to some old contacts & get an idea if the IPO is worth it.
2. CoolAsh| Link| Bookmark|
December 10, 2022 11:21:32 AM
Top Contributor (500+ Posts, 100+ Likes)
EPS of 2.5 on post issue captial of about 20 crores
2.1. CoolAsh| Link| Bookmark|
December 10, 2022 12:21:30 PM
Top Contributor (500+ Posts, 100+ Likes)