IPO Reviews by Kapz
| IPO |
Review |
| Insolation Energy Limited IPO |
Subscribe for Long Term at Cut-off Price - Strengths – High efficiency Solar PV modules, Strong brand reputation, highly experienced management, Govt. support and subsidies, won several awards and recognition.
- Risk - Raw materials – almost 50% imported ($ rate can impact margins). Mostly being sourced from China.
- Risk – Single product, Solar PV modules, driving >95% revenue
- Risk – Getting Customs Duty benefits under EPCG scheme for exports promotion, but so far 0% exports.
- Capacity Utilization around 84%
- YoY Revenue increase Sep 21, 2022 3:27:57 PM
|
| Varanium Cloud Limited IPO |
Avoid Many red flags-
- MD seems to have a bad reputation of having fled with money raised for setting up data centres - same reason given for raising funds through IPO
- RHP says, same promoters have other similar companies and no assurance that they won’t cannibalise each other.
- No special achievements/ patents to any technology set
- Extremely high valuations/ premium sought Sep 11, 2022 8:56:02 PM
|
| Harsha Engineers International Ltd IPO |
Subscribe for Long Term at Cut-off Price - Strong track record (Past)
- Robust fundamentals and Very reasonably priced (Present)
- Further bright prospects in terms of market reach (Future) Sep 14, 2022 10:28:13 AM
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