IRCON International IPO Review: Does the issue make the investment cut?

IRCON International Ltd. (IRCON) is an integrated Indian engineering and construction company, specializing in major infrastructure projects.  BUSINESS The company constructs railways, highways, bridges, flyovers, tunnels, aircraft maintenance hangars, runways, EHV sub-stations, electrical and mechanical works, commercial and residential properties, development of industrial areas, and other infrastructure activities. The company provides EPC services on a … Read more

Spectrum Electrical Industries SME IPO (NSE Emerge) Review: What to do?

Spectrum Electrical Industries Ltd. (SEIL) is an ISO 9001:2015 certified company, engaged in the business of designing and manufacturing of electrical, automobile and irrigation components. BUSINESS The company operates as contract manufacturers and as component suppliers to leading industry players on Business-to-Business (B2B) model. SIEL’s s focus has been on providing one-stop-shop solutions mainly to … Read more

Rajshree Polypack SME IPO (NSE): Is the issue priced attractively?

Rajshree Polypack Ltd. (RPPL) that entered in plastic packaging products a decade back is now one of the leaders in manufacturing of rigid plastic sheets and thermoformed packaging products (As per CARE Advisory Report – July 2018). BUSINESS The company manufactures customized plastic thermoformed packaging products which are tailored to the client’s requirements for products … Read more

Ahlada Engineers SME IPO Review (NSE): Should you invest?

Ahlada Engineers Ltd. (AEL) started commercial operations in February 2006 manufacturing cleanroom equipment and furniture. BUSINESS In 2008, it started manufacturing steel doors which catered to the then existing customers of cleanroom equipment and furniture. Gradually company started expanding the customer base for products manufactured to healthcare, entertainment and real estate vertical. During these years, … Read more

Synergy Green Industries SME IPO (BSE): Is it worth your investment?

Synergy Green Industries Ltd. (SGIL) is engaged in the business of foundry i.e. manufacturing of castings, industrial castings, turbine castings, metal castings, steel castings and Windmill Parts. Its manufacturing unit is situated at Kolhapur, Maharashtra. Company is from Ugar Sugar group. Business Company is an ISO 9001:2015 certified for Manufacture of Graded Grey Iron, Spheroidal … Read more

Sumit Woods SME IPO Review NSE (NSE): Is this an issue that is worth subscribing?

Sumit Woods Ltd. (SWL) that started civil construction business in Goa as a partnership firm is now converted into a public limited company. BUSINESS It has executed projects for Modern Bread, Railway Officers and Government Holiday Homes. Currently SWL is engaged in constructions of residential buildings, re-development and SRA area developing. It has already completed … Read more

Marshall Machines SME IPO Review (NSE): Does it have the edge as an investment?

Marshall Machines Ltd. (MML) is in the business of developing, manufacturing and marketing of Machine Tool Equipment. Business The company was initially manufacturing hosiery machines. Later on, it moved to design & manufacture of high precision Bench Lathes, Heavy Duty Lathes & Capstan Lathes, thousands of which were sold all over the country. The firm … Read more

Supreme Engineering SME IPO Review (NSE): Is there scope for investment?

Supreme Engineering Ltd. (SEL) is engaged in the business of manufacturing special alloys and special wire products. It has two manufacturing units. Unit I is the special steels division, located at Khopoli. This unit is engaged in the manufacture of super alloys, precipitation hardening steels, martensitic stainless steel, austenitic stainless steel, ultra high strength steel … Read more

Add Shop Promotions SME IPO Review (BSE): Does it merit an investment?

Add Shop Promotions Ltd. (ASPL) is currently engaged in the business of marketing and distribution of products in the ayurvedic products category. Business It also conducts the business of food supplements products, agricultural products, animal feed supplement products and personal care products under the brand name “Add Shop Promotion”. It is supplying its products to … Read more