New Kid On The Block IPO Review

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IPO Reviews by New Kid On The Block Top Contributor (300 Posts, 100+ Likes)

IPO	Review
On Door Concepts Limited IPO	Avoid Better opportunities available, scaling of business and competing with deep pocket players like Dmart, Reliance, BB etc etc Not possible. If Not today then tomorrow they will be swallowed up or fold up... Promoter holding below 40% is a BIG red-flag. Promoters are also facing many tax litigations etc. They have negative cash flow despite profit. Feedback I got from friends and relatives where this chain operates is VERY negative. October 14, 2023 3:02:15 AM
Zaggle Prepaid Ocean Services Limited IPO	Avoid Company with negative cash flow and negative net-worth is asking PE of 70. Hey Raam! Ghor Bull Run.... 1 September 15, 2023 7:38:43 PM

IPO

Review

On Door Concepts Limited IPO

Avoid

Better opportunities available, scaling of business and competing with deep pocket players like Dmart, Reliance, BB etc etc Not possible. If Not today then tomorrow they will be swallowed up or fold up...

Promoter holding below 40% is a BIG red-flag. Promoters are also facing many tax litigations etc.

They have negative cash flow despite profit.

Feedback I got from friends and relatives where this chain operates is VERY negative.

October 14, 2023 3:02:15 AM

Zaggle Prepaid Ocean Services Limited IPO

Avoid

Company with negative cash flow and negative net-worth is asking PE of 70.

Hey Raam! Ghor Bull Run....

September 15, 2023 7:38:43 PM

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