This is simply not possible according to SEBI ICDR(screenshot attached)

Warrant subscriber has to pay 25% upfront which will be forfeited if they don’t convert. That’s a 125cr donation by the promoter family to the co if they don’t convert

Going through the interview of the promoter, it is very confusing. On the one hand he is expecting margin of above 25% , on other hand he intends to go for road and bridge projects. Everyone knows that here the competition is intense and there are very seasoned promoters with proven track record competing in this field. And because of this margin is under the squeeze here. That is the reason for which many established hands in this sector are going slow on aggressive bidding. So going will not be easy for new promoters in this field. I would expect the company to concentrate on its core competence and as such there is huge opportunities in water and related sector. This is my belief.

Mkt share can more than double from 9% to 20% for JTL by FY28 coz of capex

VAP is supposed to increase too

Ratings upgrade for Deep Ind by CARE.

dr.vikas

I visited their Bengaluru centre recently. So basically, it’s their manufacturing centre and they have a small area allocated for a shop, they call it an experience centre, but it’s not located on the main road, it’s 100 meters from main road (not easily accessible). I took one laptop but after using it for a couple of days I didn’t like it so I returned it (Battery backup was not good and was little slow) as they have a 14 day full refund policy. I had mixed experiences.

What I liked:

1. Infrastructure they built is impressive

2. They have a wide range of products.

3. They give you 1-year free warranty and can get additional 1 or 2 Years of extended warranty by paying some extra amount.

What I didn’t Like:

1. Customer support is not that robust; mostly their phone comes busy or doesn’t reply on WhatsApp quickly. It’s already been 10 days retuning laptop, still I didn’t received my money back

2. Their experience centre is not easily accessible, firstly it’s not on the main road and secondly you need to go through a security check then walk through their manufacturing centre to reach the display centre.

3. They just have one store from where they sell their laptop offline.

4. In store They said that they only sell on amazon and not on other platforms. I was not able to find any sellers such as Newjaisa when I searched for refurbished laptops.