Tuesday, June 12, 2018

IPO ANALYSIS: Priti International Limited - Avoid


Issue Details :

Issue opens  / closes on
11-06 / 13-06-2018
Issue size
7,00,800 equity shares
Face value
Rs 10
Price
Rs 75
Business
Mfrs and exporters of handicraft products
Promoters
Goverdhandas Lohiya / others
Listings
Nse, emerge
BRLM
Pantomath capital
Registrar
BigShare

Remarks:
1. Limited operational history, company incorporated in 2017.
2. Project not appraised / funded by any bank.
3. Income tax notices have been served on the company / directors.
4. Unjustified premium.

Avoid the IPO.

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