GMP is 7k-8k in Gujarat. Company is good and should do well in long term. Can''t say much in short term as short term is driven by either demand or operators :D
Checked their website http://namans.co.in. Overall looks good. Can some fundamental/financial expert kindly analyze their financial data from - http://namans.co.in/audit-report.php and comment abount fundamentals/financials?
I have gone trough that. The reason I requested with website link is that in "Cash Flow March-13.pdf" which is cash flow statement for F.Y. 2012-13 in the line it is mentioned "Cash and Cash equivalent as at 31-03-2015". I wanted to know can this be ignored as a simple typo (instead of 2013 it is 2015) or does this indicate anything significant. And if there is anything significant, then financial experts may be able to find something in the numbers as well.
Looks good.. but allotment will be tough. Pulz Electronics with better fundamentals is available below issue price in the secondary market. Why blocking and unblocking applying for listing gains while other options are there for our money to grow. I am saying this because I have applied for nearly 25 sme ipos without allotment.
all ok in balance sheet except one year bottomline.
yes p/e for food industry is high but concern is following news ( http://www.businesstoday.in/current/economy-politics/cag-pulls-up-fssai-for-not-ensuring-food-safety-standards/story/266357.html ) and also government is planning to carry out "food safety bill" which is very necessary for healthy India but it will affect profitability of food industry and so share price.