I have concerns on few points here w.r.to. IPO and Gains.
These concerns may or may not have any impact on Share Price or Listing Gains.
- I believe the promoters are getting distracted by focusing on AI/ New Startups rather then innovation around Better Battery Life / Charging Infra etc.
- I am a user of the bike and I can say with experience the build quality is not great. Being in Metro like Mumbai, I am worried, 1 pothole or speed breaker is going to damage the front fork/suspension.
- Competition – Active because of the trust in brand and loyal following will be a real competitive threat.
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