Avon Moldplast NSE SME IPO: Expensively valued, avoid

Avon Moldplast Ltd. (AML) is engaged in manufacturing of quality plastic molded furniture under the brand name of “AVON” since 2002. Business The Company has a fully functional manufacturing facility located at A-7/36-39, South of G. T. Road Industrial Area, Electrosteel Casting Compound, Ghaziabad 201009, Uttar Pradesh. Company’s Product Portfolio includes Molded Chairs, Molded Stools, … Read more

BSE to launch BSE Startup Platform

BSE, established on 9th July 1875, is now in its 143rd year of existence. To mark the celebration of its foundation day, on 9th July 2018, BSE is adding one more feather in its cap called BSE Startup Platform. BSE SME segment that began in 2012 has emerged as preferred platform for SME in India … Read more

Raw Edge Industrial Solutions SME IPO: Risk savvy investors can consider at own risk

Raw Edge Industrial Solutions Ltd. (REISL) is specialized in organizing the inefficiencies of the industrial raw materials supplies. This specialization is based on research & development, exploration, mining, processing, logistics and IT enabling etc. Business REISL is playing a role of out sourcing partner for highly organized, technically advance, environment friendly and very cost effective … Read more

Ambani Organics SME IPO: Risk savvy investors may consider at own risk

Ambani Organics Ltd. (AOL) is a manufacturer, processor, importer, supplier and exporter of water based speciality chemicals used in Paper Industry, Paint Industry, Textile Industry, Carpet Industry, Adhesive Industry, etc. Business It is an “ISO 9001:2015 – Quality Management System” certified company and has also obtained GOTS (Global Organic Textiles Standards) certification for some of … Read more

Shriram Transport NCD Review: Makes the investment cut

Shriram Transport Finance Co. Ltd. (STFCL), a flagship company of Shriram group of south and one of the largest asset financing non-banking finance companies in the organised sector in India catering to first time buyers (“FTB”) and small road transport operators (“SRTOs”) for financing preowned commercial vehicles, is making an NCD (non-convertible debenture offering). Business … Read more

Bright Solar SME IPO: A risky bet for risk savvy investors only

Bright Solar Ltd. (BSL) is engaged in assembling of DC/AC Solar Pumps and Solar Pump Systems under the registered brand name of “PUMPMAN”, “BRIGHT SOLAR”, and “BRIGHT SOLAR WATER PUMP”. Business It is also engaged in EPC contracts of Solar Photovoltaic Water pumps which include supplying, installing and commissioning of the pump system along with … Read more

Rajnish Wellness SME IPO: Cash surplus investors may consider at own risk

 Rajnish Wellness Ltd. (RWL) is currently engaged in the business of selling various products in the categories ranging from consumer durables to ayurvedic personal care products. Company’s major focus area is sexual wellness, energy revitalization and personal care products. Business Changing lifestyle and awareness of health and wellness is increasing demand for sexual wellness and … Read more

Ganga Forge NSE SME IPO: Inconsistency in track record makes this issue a miss

 Ganga Forging Ltd. (GFL) is engaged in manufacturing of closed die forged products catering to both automotive and non-automotive segment. Business Automotive segment include manufacturing of products catering to commercial vehicle, passenger car, three wheeler, two wheeler and tractor. Non-automotive segment include electric power transmission, dairy equipment manufacturing, agricultural, gear and gear box, crank shafts, … Read more

Rudrabhishek Enterprise SME IPO: Consider moderate investment for long-term

Rudrabhishek Enterprise Ltd. (REL) that started as a service provider expanded its service portfolio to Infrastructural services, Urban Designing and Planning, Global Information system, Building Designing service and Project Management service. Business REL is an ISO 9001:2008 Certified Company which follows good management practices. Considering its servicing portfolio, REL is a “One Stop Solution” for … Read more

Varroc Engineering IPO: Consider for long term

Varroc Engineering Ltd. (VEL) is a global tier-1 automotive component group catering to OEMs. It designs, manufactures and supplies exterior lighting systems, plastic and polymer components, electrical-electronics components, and precision metallic components to passenger car, commercial vehicle, two-wheeler, three-wheeler and off highway vehicle (“OHV”) OEMs directly worldwide. Business VEL is the second largest Indian auto … Read more