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[Dilip Davda] SMAL is engaged in the business of trading and manufacturing of specialty chemicals with primary focus on food and feed additives. The company posted inconsistency in its top lines for the reported periods. Boosted bottom lines from FY24 onwards raise eyebrows as in pre-IPO period it has reported spectacular earnings, which appears to be a window dressing for fancy valuations. Based on its recent financial data, the issue appears fully priced. Well-informed/risk seekers may park moderate funds for long term. Read detail review...
SK Minerals IPO Reviews, analysis and views by popular members. Read SK Minerals & Additives Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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