Unassuming promoter stake, loss-making operations, huge accumulated deficit, private equity investors off-loading at a loss, etc. do not exude optimism.

Trading losses at exorbitant rate?

Promoter’s tainted image weighs against the IPO

Sound fundamentals justify offer price though Marudhar Food’s experience may cast shadow on promoters’ image

Presenting distorted facts, hiding past associations, allowing `floating promoters’ to gain control at cheap valuation, steep-pricing despite loss-making operations, etc. make mockery of Capital Issue Control!

Steep valuation for loss-making brands is the current fashion of Indian capital market!

Strong fundamentals versus steep pricing

Strong fundamentals and steep discounting of industry peer Happiest Minds make the offer more attractive

IPO valuation compares well with peers though many a QSR chain’s present plight may advise caution