The company has experienced promoters, and it has reported decent financials as well; however, it has experienced negative cash flows in the past. Also, the company has worked on very few projects till now, so it has limited or almost zero relevant experience for the upcoming projects. Considering all the factors, we will recommend only high-risk investors subscribe this IPO," said Anubhuti Mishra, Equity Research Analyst at Swastika Investmart.Read more:
