VN Research & Consulting
 Like us on facebook  Follow us on twitter  Follow us on LinkedIn  IndiaNotes on Google Plus  IndiaNotes on Pinterest  IndiaNotes on Stumbleupon  Subscribe to our feeds


Stocks  A | B | C | D | E | F | G | H | I | J | K | L | M | N | O | P | Q | R | S | T | U | V | W | X | Y | Z
Go
Feedback
You are here : IndiaNotes >> Research & Analysis >> IPOs >> Shankara Buildpro IPO

Jainam recommend to 'Avoid' the Shankara Buildpro IPO

Jainam Research | 22 Mar, 2017  | Follow Author | Add to my Favourites 
  • Rate this article
    (Average Rating 0.0 Based on 0 ratings)



We at Jainam Wealth recommend our investors to “AVOID” to the Shankara Building Products Ltd. IPO considering high competitive industry, capital intensive nature of business, ~52% of revenue comes from Karnataka, lower profitability, lower interest coverage and company make repayment of only Rs.35 cr of loan out of Rs.270 cr. 


Price Band Rs.440 - 460. Issue open on 22nd March and close to 24th March. Market Lot 32 Shares.





About Jainam Research

Jainam Research was incorporated in 2003 with the vision to be the most preferred organization providing all financial services across the country. The foundation is on "Value" Systems - "Value" addition to Corporate, Retails and HNI Individuals through superior Wealth Creation Practices.

 

For more information please write in to [email protected]

Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor IndiaNotes.com accept any liability whatsoever arising from the use of any of the above contents.




Technical Calls

What are technical calls?

Other Articles


Have a question?