What MOAT this business have?
I guess nothing , to list 12k products is not worth 267 cr .which currently u r paying.
The same things were happned with Repro india they were talking about POD and listed 2mn titles, and bla bla bla…nothing happened …Malabar,Kedia and kacholia all r traped since 5yrs, means ur money was entirely washed.
Many people will argu Robu.in is not comparable with Repro, and Even vaibhav global my answer is think twice u will find both r apples.
They have become nothing to 250 cr and now beyond that they will have to fight at different level.
Why this business will grow beyond current levels…There always be supply chain issues and B2B is a joke nothing beyond certain limit will happen.
I will clearly wait for next 2 3 years and then take my call ,today many superior quality businesses are available <20 PE. then why to take such risky bet.
Disc. :- Not invested
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