Category: SME

Source: RHP of SVS Ventures Ltd

Source: Prospectus of Arihant Academy Ltd

Surprised to see that an Education co is raising funds for working capital requirements. Coaching centres are well known for their minimal need for working capital

As expected, there is 0 inventory and 0 trade receivables. But what is this other current liabilities?

Amusing to see that most of the other current liabilities is advance coaching fees !

Source: RHP of Dollex Agrotech Ltd

Strange to see small sugar cos coming out with IPOs priced at higher multiples than industry leaders like Balrampur,Dhampur etc

Source: RHP of Droneacharya Aerial Innovations Ltd

Interesting to see that the Co has cash on the books which is more than the primary issue of the IPO

Source: Red Herring Prospectus of All E Technologies Ltd