Monday, December 26, 2016

Speciality restaurant : nothing special left.

Speciality Restaurant, the grade 4 IPO came public in May 2012 at Rs 150. It was lead managed by Kotak Mahindra Capital. In the last 4 and half a years the stock is depreciated by more than 50%, whereas bench mark indices have risen by 30 percent.

While analysing the IPO we had recommended to stay away, based on its fundamentals and business model.

No comments:

Post a Comment