@Ascendant thanks for doing this. Been tracking this company for a while now, after it came up on my screens a few time, and I’d submitted some questions earlier to their “compliance” as well. Obviously, no answer.
I had prepared a note on this company but decided it honestly wasn’t worth all this effort to track and assess.
Interestingly, their CFO quit recently and guess who they appointed in charge? The IT head is now CFO.
I’d also offered to travel to their Goa warehouse and see these Edge data centres in realtime.
I went through the DRHP in depth, sat an entire day on it and yes, there are some weird things going on for sure.
I join you in your disbelief of how lacking the listing process must be.
Btw, Shankar Sharma has exited BCG. And I’m sure BCG most likely has at least some core business underlying while I’m not so sure of this one.
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