Hat Tip: M Kabra
Rajshree Polypack got listed today.It’s IPO price was 120 Rs/share.
Interesting to see only buyers in this counter but below the IPO price !
Source: DRHP Filings of A1-Acid Ltd
Amusing to see that the Company coming for an IPO has only 8 employees and that too casual and temporary in nature.
Interesting to see that 2/3rds of the Salary cost is for Director’s remuneration
Employees may be casual and temporary but Director’s Salaries aren’t !