@LnprCapital Some sources say that it was founded in 2015 by Yash Kela and Madhu Kela and others say that it is led by Yash Kela and mentored by Madhu Kela.
You could be right. But adding a section on warrants would help everyone.
Excellent results from #Pelatro in Q3
YoY
Revenue 1.7x
EBIDTA 2.5x
PAT almost the same considering tax reversals
High Growth, High ROCE, Cashflow generating business available at estimated 14 times 1 year forward earnings
https://t.co/gu2GR1BDjr
Blockbuster results from #Pelatro
Sept quarter
Revenue 35 cr vs 21.1 cr
Pat 4.6 cr vs 2.7 cr
H1 Fy 26 vs Fy 25
Revenue 62 cr vs 40 cr
Pat - 8.2 cr vs 5.03 cr
#smeresults
@EkanshMittal_KW Check out the value pickr thread of Prevest Denpro. https://t.co/dCpExv50zm
Some serious concerns on the competencies, compensation and commissions of the son-in law who is the new sales head.
Even in the later case, no one protested and questioned the 2018 NCLT outcome. The 2022 buyback of assets is time barred and can't be a basis for any argument
The current case looks to be in favor of Cosmic CRF
#CosmicCRF#NCLAT#investing#StockMarketIndia
Cosmic CRF bought back one of the factories from that 3rd party in 2022. Looks like Aditya is either winning back the lost glory or Cosmic Ferroy Alloys ltd was recycled and handed over back to the Birla family and lenders took the hit.
We looked at the worst performing IPOs of last 3 years. Out of a total of 431 companies listed in last 3 calander years, 53 companies are trading below 65% of IPO price.
These 53 companies were listed by 39 merchant bankers and 5 merchant bankers took the pole positions. List with names of companies, price correction and merchant banker is attached.