Friday, April 26, 2019

IPO ANALYSIS : WHITE ORGANIC RETAIL LIMITED - Avoid


Issue Details :


Issue opens / closes on
26-04 /02-05-2019
Issue size
24,54,000 equity shares
Face value
Rs 10
Price Band
Rs 63
Business
Trading in agri products
Promoters
R. DARSHAK MAHESH RUPANI, MR. PRASHANTT MAHESH RUPANI AND WHITE ORGANIC AGRO LIMITED
Listing
Bse, sme
BRLM
Finshore Management Services
Registrar
Link Intime

Remarks:

  1. Clash of business interest.
  2. EPS is misleading. (company’s other equity is huge).

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