This IPO looks reasonable in consumer electronics having good valuation. Previously SME did very well in consumer electronics. Trustable company and multibagger. Having good brand i.e Polaroid and Kodak. Kapil Dev is brand ambassador. Co's major online partner is Flipkart and Amazon. ISO & SA certified company.
There is no grey market running for Powerful Technologies which is a good sign for investors. Also this IPO looks reasonable in Consumer Electronics segment keeping in mind the current reduction in GST prices in electronics segment it should impact positively for the company.
@Mohit D earlier there was grey market for sme also but after debacle of few sme ipo it stop. better go for prospectus to judge the company rather then gmp.
If yuo think Delhi based companies have not given retruns you are highly mistaken
Fourth dimension a delhi based company is now 12 times its issue price Riding consultancy a delhi based company have gone up even on weak market Sirca paints also up Share india securities Delhi NCR also more than double issue price
Either come up with proper examples or dont spread false information
11 FOLD INCREASE IN PROFIT JUST BEFORE IPO IS NOT DIGESTIBLE EVEN YOUR POINTS JUSTIFYING INCREASE IN PROFIT IS ALSO NOT CONVINCING
INVESTOR BEWARE YOU HAVE BETTER CHOICE IN A GRADE TATA COMPANY WHERE LEVEL OF TRUST IS MUCH MORE THAN THIS, WHY TO TAKE UNWARRANTED RISK MOREOVER IT IS A DELHI BASED COMPANY EVERYBODY KNOWS WHAT THEY ARE KNOWN FOR ????
LOOK AT FINANCIALS 40 LAKHS PROFIT BECOME 4.50 CRORES AS ON MARCH 2018 ONLY MAGICIANS CAN GIVE SUCH PERFORMANCE ???? NEXT YEAR 4.50 CRORES PROFIT MAY BECOME 40 LAKHS
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August 1, 2018 12:02:32 PM
Top Contributor (300+ Posts, 100+ Likes)
After a long time....a company that comes with the consumer items which have brand value like Kodak and Polaroid....hoping for the excellent results...