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Udayshivakumar Infra
Exorbitant remuneration for a family member who has just two years experience exposes the promoter’s intensions
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Udayshivakumar Infra
Public company to pay Rs 6 Cr basic salary plus multiple perks to promoter’s 24-year-old daughter with just two years’ experience as manager!
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Styrenix
Promoter turns public in no time! Shareholding pattern filed with the exchange in January was revised in February and the promoter who held 62.73% equity is reclassified as public!
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Uniparts India
Fundamentals justify IPO valuation though existing shareholders’ negative cost of holding may curb share prospects post lock-in
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Five-Star Business Finance
Core promoter’s unassuming stake, private-equity-turned-promoter’s negative cost of residual holding and selling shareholders’ heavily discounted cost do not augur well for share price prospects post lock-in period.
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Bikaji Foods
Ultra-high P/E multiple for a depleting profit margin? Boom-time IPO pricing is bound to give bitter taste during market downturn!
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Syrma SGS
Low profit margin does not warrant ultra high P/E