Wednesday, February 20, 2019

IPO ANALYSIS : Gleam Fabmart Limited - Avoid


Issue Details :


Issue opens / closes on
19-02 / 22-02-2019
Issue size
31,20,000 equity shares
Face value
Rs 10
Price
Rs 10
Business
Traders in aluminium products
Promoters
Amit Gupta, Mr. Arun Gupta & Mr. Anil Kumar Gupta
Listing
Bse, sme
BRLM
Aryaman Financial services
Registrar
BigShare
Remarks:
1. Limited operational history.
2.Conflicts of Interest.
3. Negative cash flow.
4. Trade receivable constitutes 85% of revenues.

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