Aug 13 2021 4:33:37 PM
Champlast ipo cancel ho sakta h ya nahi.
Aug 12 2021 10:47:14 AM
The company has pledged and delisted before. They will give heavy losses to retailers. Get ready for huge listing discount
Aug 10 2021 1:59:21 PM
CHOR CHOR SUPER CHOR
Aug 10 2021 1:57:03 PM
Profit rose 10 times in previous year! Wow what a way to dupe ppl. Chemplast Sanmar had delisted in 2012.
Suddenly they show 10 times rise in Profit and 3 times rise in revenue just a year before.
A Big Avoid! Please do not fall for such operator companies.
Aug 10 2021 1:55:59 PM
Delisted at Rs 12 (Floor price 4.5) in 2012, Promoter holding rose to 100% after delisting. Debt-Equity was 6:1.
Now coming with IPO at Rs 541, reducing promoter holding from 100% to 54%. Debt-Equity now is 1.6
Now also company has debt of 3200 crores on a market cap of abt 7500 crores.
Aug 10 2021 1:55:16 PM
Company(Chemplast Sanmar Limited ) is paying 17.5 percentage interest to IDBI. This shows how desparate the company is in need of funds. Even unrated company will not pay such a high interest. Company wants repay this, why because promoter group has given corporate guarantee for this NCD...