Companies with market cap more than 50cr and PE ratio than 50 are tracked to remove the noise

Joined June 2025
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GhostOfSME retweeted
Licious K delicious valuations dekh kar #Zappfresh mai paise lagaya? DSM Fresh Foods investors will get Unfresh… #Unfresh #DSMFreshFoods #ZappFresh @RajStockWatch
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GhostOfSME retweeted
📌 L. T. Elevator Limited informed the exchange that its Board of Directors, at its meeting held on 9th January, 2026, approved the execution of a binding Term Sheet proposed to be entered into between L. T. Elevator Limited and Ricardo Elevators Private Limited for the proposed strategic and commercial arrangement. The Company also announced via a press release dated 9th January 2025, the Board's approval for the merger of Ricardo Elevators Private Limited into the Company, with Ricardo already generating order inflows of ₹6 crore per month with a 3-6 month delivery cycle. Mr. Neeraj Hemnani will continue with the organization and will head the Home Elevator Division. #SME #LTELEVATOR 🤝📈
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#exato flippers out 👀
17 Dec 2025
📊 BSE SME Bulk Deals 📅 17 Dec 2025 ▶️ CHOTHANI FOODS LIMITED 🔴 SOMANI STOCK BROKING PVT S | 112,500 @ ₹19.39 (₹0.22 Cr) ▶️ DHYAANI TRADEVENTTURES LIMITED 🟢 POONAM SINGH B | 100,800 @ ₹10.48 (₹0.11 Cr) ▶️ EXATO TECHNOLOGIES LIMITED 🔴 PACE STOCK BROKING SERVIC S | 482,000 @ ₹412.45 (₹19.88 Cr) 🟢 AAKASH PAL B | 75,000 @ ₹412.45 (₹3.09 Cr) ▶️ FABINO ENTERPRISES LIMITED 🟢 VISHAL MAHESH WAGHELA B | 12,000 @ ₹25.92 (₹0.03 Cr) 🔴 AKSHAY KOTHARI S | 12,000 @ ₹25.92 (₹0.03 Cr) ▶️ Global Longlife Hospital and R 🔴 SHIV SHAKTI TRADING COMPA S | 15,000 @ ₹21.65 (₹0.03 Cr) 🔴 SUCHETA DHRUVKUMAR JANI S | 62,000 @ ₹21.65 (₹0.13 Cr) 🟢 SHIV SHAKTI TRADING COMPA B | 53,000 @ ₹21.60 (₹0.11 Cr) ▶️ Jay Kailash Namkeen Limited 🔴 NEEL NARENDRABHAI PUJARA S | 51,200 @ ₹21.91 (₹0.11 Cr) ▶️ K K SILK MILLS LIMITED 🔴 RCSPL SHARE BROKING PRIVA S | 132,000 @ ₹17.28 (₹0.23 Cr) ▶️ K. V. TOYS INDIA LIMITED 🟢 MANSI SHARE AND STOCK BRO B | 64,800 @ ₹303.25 (₹1.97 Cr) 🟢 LIYAQUATHALI CHAPPANGA TH B | 31,800 @ ₹303.25 (₹0.96 Cr) 🔴 NEO APEX VENTURE LLP S | 141,600 @ ₹303.26 (₹4.29 Cr) ▶️ MAFIA TRENDS LIMITED 🔴 ANITABEN PANJVANI S | 28,000 @ ₹9.21 (₹0.03 Cr) ▶️ MAHAMAYA LIFESCIENCES LIMITED 🔴 MANSI SHARE AND STOCK BRO S | 274,800 @ ₹173.69 (₹4.77 Cr) ▶️ Omnipotent Industries Limited 🔴 SUMANTEKRIWAL S | 40,000 @ ₹5.09 (₹0.02 Cr) ▶️ Pearl Green Clubs and Resorts 🟢 PIYUSH SUBODH BANSAL B | 14,400 @ ₹145.00 (₹0.21 Cr) ▶️ Ravelcare Limited 🔴 MANSI SHARE AND STOCK BRO S | 44,000 @ ₹138.86 (₹0.61 Cr) 🟢 SHUBHAM GUPTA B | 40,000 @ ₹138.80 (₹0.56 Cr) ▶️ Sancode Technologies Limited 🔴 COSMOS PRIME PROJECTS LIM S | 57,000 @ ₹142.10 (₹0.81 Cr) 🟢 WIINANCE FINANCIAL SERVIC B | 37,500 @ ₹142.10 (₹0.53 Cr) ▶️ Shipwaves Online Limited 🟢 PUSHPA BHAJU B | 920,000 @ ₹12.00 (₹1.10 Cr) ▶️ SSMD AGROTECH INDIA LIMITED 🟢 KAMAL RENU CREDIT & INVES B | 46,000 @ ₹55.83 (₹0.26 Cr) ▶️ Transpact Enterprises Limited 🔴 VIVEK GOUR BROOME S | 9,000 @ ₹120.01 (₹0.11 Cr) 🟢 NIRALI VIJAYBHAI SHAH B | 2,500 @ ₹120.00 (₹0.03 Cr) 🟢 ALTIZEN VENTURES LLP B | 4,500 @ ₹119.95 (₹0.05 Cr) ▶️ UNISEM AGRITECH LIMITED 🟢 SAURABH K MITTAL B | 150,000 @ ₹65.00 (₹0.97 Cr) 🟢 AANJAY AGELESS AIF FUND B | 68,000 @ ₹63.50 (₹0.43 Cr)
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GhostOfSME retweeted
17 Dec 2025
📊 NSE SME Bulk Deals 📅 17 Dec 2025 ▶️ CEDAAR TEXTILE LIMITED 🔴 INDIAN INFOTECH AND SOFTW SELL | 114,000 @ ₹91.00 (₹1.04 Cr) ▶️ FLYWINGS SIMULAT T C LTD 🔴 GRETEX SHARE BROKING LIMI SELL | 600 @ ₹214.40 (₹0.01 Cr) 🟢 GRETEX SHARE BROKING LIMI BUY | 235,800 @ ₹218.50 (₹5.15 Cr) 🟢 INDIAN INFOTECH AND SOFTW BUY | 162,600 @ ₹222.62 (₹3.62 Cr) 🟢 NEO APEX VENTURE LLP BUY | 73,200 @ ₹214.56 (₹1.57 Cr) 🔴 SAROJDEVI P GUPTA SELL | 130,800 @ ₹214.40 (₹2.80 Cr) ▶️ PARTY CRUISERS LIMITED 🟢 NALIN RAMANIKLAL SHAH (HU BUY | 84,000 @ ₹82.00 (₹0.69 Cr) 🟢 TRUSHALI VAIBHAV SHAH BUY | 4,000 @ ₹83.78 (₹0.03 Cr) 🔴 TRUSHALI VAIBHAV SHAH SELL | 107,000 @ ₹82.00 (₹0.88 Cr) ▶️ SHUBHLAXMI JEWEL ART LTD 🔴 LATANISH (HUF) . SELL | 60,000 @ ₹35.97 (₹0.22 Cr) ▶️ VOLER CAR LIMITED 🟢 GIRIJADHAVA VYAPAAR PRIVA BUY | 78,400 @ ₹199.68 (₹1.57 Cr)
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GhostOfSME retweeted
14 Dec 2025
🎉 NEW PREMIUM FEATURE: Unlock Alerts Stay ahead of potential selling pressure with our new automated unlock notifications! ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📅 WEEKLY ALERTS (Saturday) 🔓 Pre-IPO Unlock (1-Year Lock-in) ├ SME IPOs: 3:00 PM ├ Mainboard IPOs: 3:02 PM └ Alerts for unlocks in next 30 days ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ 📆 DAILY ALERTS (Mon-Fri) 🔹 3-Month Anchor Unlock ├ SME IPOs: 3:15 PM ├ Mainboard IPOs: 3:17 PM └ Alerts for unlocks in next 15 days 🔸 1-Month Anchor Unlock ├ SME IPOs: 3:30 PM ├ Mainboard IPOs: 3:32 PM └ Alerts for unlocks in next 10 days ━━━━━━━━━━━━━━━━━━━━━━━━━━━━ ⚠️ Why This Matters? Lock-in expiry dates often see increased selling pressure as early investors exit positions. Get notified before it happens! 💎 Available for Premium subscribers #marketview #sme #mainboard
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GhostOfSME retweeted
20 Nov 2025
#SME #Sacheerome Sacheerome H1 FY26 Concall Highlights: 👉FY 2026 & Future Outlook : ▫️H2 FY26 expected to be as good as the first half or even little better 💠No downside risk highlighted even when new plant comes on stream ▫️Stated current EBITDA and PAT margin are sustainable going forward due to: 💠Operating leverage & cost control 💠Better product mix (higher proportion of high-margin products) 💠Strong pricing power / value-added offerings 👉Projects and pipeline: ▫️Current Capacity: Existing Delhi plant: 7.6 lakh kg/annum → running at 95–100% utilization (over-utilizing through operational efficiency gains) 💠Already capacity constrained → turning down some business / customers pushing for expansion ▫️New Facility: Total project cost: ₹184.16 Cr 💠Amount spent till H1 FY26: ₹53.64 Cr (₹7.07 Cr from IPO ₹46.57 Cr internal accruals) 💠Civil work near completion, MEP progressing fast, machinery arriving on schedule 💠Commercial production start: Q4 FY26 (Mar-26 quarter) 💠New capacity addition: 20 lakh kg → Total group capacity post expansion = 27.5 lakh kg (3.6× current) 💠Separate towers for fragrance and flavour advanced R&D centre, application lab, consumer evaluation centre, perfumery training centre ▫️Growth drivers already visible: Organic volume; growth from existing customers 💠New customer additions 💠New product wins with existing customers 💠Export growth (both existing Indian FMCG clients exporting more direct export wins) 💠Flavour segment ramp-up (currenIPO proceeds deployed; 51Cr unutilized). Expected to add 2.5-3x revenue capacity (~500-700 Cr total potential across facilities) 👉 Others : ▫️Flavours currently only ~₹1.5–2 Cr in H1 (fragrance dominates at ~₹75 Cr) but dedicated flavour tower innovation focus → flavour contribution expected to rise meaningfully from FY27 ▫️Realization/kg has improved significantly → richer product mix, premiumisation trend in Indian FMCG ▫️Working capital days improved dramatically from ~45 to ~23 days ▫️R&D strength highlighted (54 specialists, unique technology platforms) ▫️Zero debt on books except the sanctioned term loan for new facility (~₹60 Cr available, will be drawn as needed)
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GhostOfSME retweeted
20 Nov 2025
Nifty very near all time high as predicted 🫡 #nifty #sme
18 Nov 2025
We might see a new all time high in nifty50 very soon. Could be this week itself Broker related stocks have already started rallying No buy sell reco
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GhostOfSME retweeted
STAR IMAGING AND PATH LAB RESULTS. H1 FY26 SME RESULTS. Rs. 148 was at 16 p/e. Now 13x 👍 Based on comment have deleted the Note which was at this point, to review further. If anything to be added will add in thread later. 👍 H1 FY26 Vs.H2 FY25 REV: 46 Cr Vs 41Cr 👍 PAT: 10Cr Vs 9.7Cr 👍 TTM Vs FY25 REV: 87Cr Vs 84Cr 👍 PAT: 19.7Cr Vs 16Cr 👍 #RESULTS H1 FY 2026
📌 Star Imaging And Path Lab Ltd informed the exchange about its approval for the financial results for the period ended September 30, 2025. #SME #STARIMAGIN 📄🧾
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GhostOfSME retweeted
7 Nov 2025
🔵 ESM UPDATES - BSE ━━━━━━━━━━━━━━━━━━━━ 📊 Total Updates: 29 🔴 New ESM Entries (4) • S. V. J. ENTERPRISES Ltd screener.in/company/543799/ • Libord Finance Ltd screener.in/company/511593/ • Contil India Ltd screener.in/company/531067/ • Commercial Syn Bags Ltd screener.in/company/539986/ 🟠 ESM1 → ESM2 Entries (1) • RR Financial Consultants Ltd screener.in/company/511626/ 🟢 ESM2 → ESM1 (10) • Viji Finance Ltd screener.in/company/537820/ • Vaishno Cement Company Ltd screener.in/company/526941/ • South Asian Enterprises Ltd screener.in/company/526477/ • Sampre Nutritions Ltd screener.in/company/530617/ • Iconik Sports And Events Ltd screener.in/company/511260/ • Nutricircle Ltd screener.in/company/530219/ • Jetmall Spices and Masala Ltd screener.in/company/543286/ • Fynx Capital Ltd screener.in/company/507962/ • B-Right Realestate Ltd screener.in/company/543543/ • Auto Pins (India) Ltd screener.in/company/531994/ ✅ ESM Exits (14) • Sanblue Corporation Ltd screener.in/company/521222/ • Sainik Finance & Industries Ltd screener.in/company/530265/ • Rap Corp Ltd~ screener.in/company/531583/ • Nectar Lifesciences Ltd screener.in/company/532649/ • Rainbow Foundations Ltd~ screener.in/company/531694/ • Ortin Global Ltd screener.in/company/539287/ • Miven Machine Tools Ltd screener.in/company/522036/ • Navkar Urbanstructure Ltd screener.in/company/531494/ • Kizi Apparels Ltd screener.in/company/544221/ • Innovana Thinklabs Ltd screener.in/company/544302/ • Inducto Steel Ltd screener.in/company/532001/ • Elegant Floriculture & Agrotech ... screener.in/company/526473/ • GG Automotive Gears Ltd screener.in/company/531399/ • Amalgamated Electricity Company Ltd screener.in/company/501622/ ━━━━━━━━━━━━━━━━━━━━ ⚠️ ESM stocks face additional monitoring and trading restrictions. #ESM #BSE #StockMarket #Trading Get real-time updates: t.me/marketview_ipostream_bo…

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GhostOfSME retweeted
7 Nov 2025
🔴 ESM UPDATES - NSE ━━━━━━━━━━━━━━━━━━━━ 📊 Total Updates: 13 🔴 New ESM Entries (5) • Sunlite Recycling Industries Lim... screener.in/company/SUNLITE/ • Silly Monks Entertainment Limited screener.in/company/SILLYMON… • Fonebox Retail Limited screener.in/company/FONEBOX/ • E Factor Experiences Limited screener.in/company/EFACTOR/ • Commercial Syn Bags Limited screener.in/company/COMSYN/ 🟢 ESM2 → ESM1 (1) • Viji Finance Limited screener.in/company/VIJIFIN/ ✅ ESM Exits (7) • United Polyfab Gujarat Limited screener.in/company/UNITEDPO… • Osel Devices Limited screener.in/company/OSELDEVI… • ORTIN GLOBAL LIMITED screener.in/company/ORTINGLO… • Nectar Lifesciences Limited screener.in/company/NECLIFE/ • Navkar Urbanstructure Limited screener.in/company/NAVKARUR… • Innovana Thinklabs Limited screener.in/company/INNOVANA… • Agro Phos India Limited screener.in/company/AGROPHOS… ━━━━━━━━━━━━━━━━━━━━ ⚠️ ESM stocks face additional monitoring and trading restrictions. #ESM #NSE #StockMarket #Trading Get real-time updates: t.me/marketview_ipostream_bo…

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GhostOfSME retweeted
29 Oct 2025
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GhostOfSME retweeted
#Bondada Fabulous set H1FY26 surpassed H2FY25 🔥 Foraying into BESS, DC & Defence Orderbook - 5989cr TTM PE crushed to 30x FY26 earnings can be >240-250cr bottomline
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GhostOfSME retweeted
Rajesh Power Services – Arihant Bharat Connect Conference • Financials: Revenue ₹10,720 Mn ( 288% YoY), EBITDA ₹1,340 Mn (3×), PAT ₹870 Mn ( 235%). Order book ~₹4,000 Cr L1. Mix: 72% transmission, 28% distribution. • Business: Underground cables (up to 220 KV), transmission lines, GIS/AIS substations, O&M for substations/solar plants/distribution. Expanding into IoT/cloud-based smart grid solutions via HKRP (25.48% stake). • Markets: Strong presence in Gujarat, Maharashtra, Rajasthan, MP; growing into Kerala, Odisha, Karnataka. Key clients include Torrent Power, Gujarat DISCOMs, major corporates (UPL, IOCL, Saint-Gobain, Coca-Cola). • Tech Strengths: Executed 12–13k MW MVCC; 2,500 km 66 KV underground cables; 400 km 220 KV cables; 150 AIS substations. • Growth Drivers: Govt renewable evacuation (Gujarat ₹96,000 Cr/10 yrs for 30 GW), robust RDSS/Robust schemes, smart infra, green hydrogen, IoT grid. • Guidance: FY26 revenue target ₹6,000–7,000 Cr (next year) with 40% CAGR over 4–5 yrs. H1 FY26 revenue mix ~30–40% transmission; margins sustainable (~12–13% EBITDA). • Pipeline: Gujarat ~₹5,000 Cr orders; Rajasthan wins expected; execution visibility 18–24 months. • Risks: Labor shortage, tender delays (6–8 months), state dependency.
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GhostOfSME retweeted
17 Sep 2025
While everyone and their mother is bullish on the BESS theme, here is the reality ⤵️ 🔋Most players are following a "set up and rent" model where they build the project & lease it out at a fixed PPA similar to Adani Green or Acme Solar 🔋99% of components are imported from China & India does not yet have a meaningful manufacturing ecosystem (battery capacity ramping up in next ~2 years) The state of BESS today looks very similar to solar before 2019 with high imports, weak regulation & falling tariffs Back then PPAs were often cancelled because solar module prices dropped so fast that plants under construction were obsolete before commissioning with price gaps of more than 30 percent Now the same trend is visible in BESS where battery prices are falling so quickly that by the time construction is complete the contracted PPA tariff is no longer attractive for the buyer Below is an example of JSW Energy who is already fighting to prevent downward revisions in its PPA tariff This theme will only become investment worthy when the government creates import restrictions & supports a local ecosystem Until then BESS is more hype than reality
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GhostOfSME retweeted
Shree Refrigerations becomes proxy play to Data centres Management aims to be top 3 players in India’s data center cooling market 🤞🏻 Huge market potential with Government focus on data centers
📌 Shree Refrigerations Limited Our goal is to be among the top three players in India’s data centre cooling market: Shree Refrigerations CMD In an exclusive interview, Ravalnath Gopinath Shende (CMD of Shree Refrigerations), Derek Chan (Director – Data Centre, APAC) and Ken Lim (VP & GM – Greater Asia Pacific, Smardt Chillers) discuss Shree Refrigerations’ new partnership with Smardt Chillers, their entry into India’s fast-growing data centre cooling segment using magnetic bearing cooling technologies, the company’s revenue mix, order book, and Shree’s goal to become one of the top three players in data centre cooling in India. 🍅: manufacturing.economictimes.…
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#bse esm data - 29 july
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#nse esm data - 29 july
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GhostOfSME retweeted
25 Jul 2025
🧵 SEBI’s New Filter: Only Risky Stocks to Face ESM Stage II 🚨 - applicable from 28 july Great news for SME 🚀🚀 SEBI has introduced a key valuation filter under NSE’s Enhanced Surveillance Measure (ESM) framework — protecting fundamentally sound stocks from being wrongly penalized. Here’s what’s new ⬇️ 1⃣ New Rule = PE Filter Price Surge To be moved to ESM Stage II, a stock must now meet: ✅ Abnormal Price Movement → 15% in 5 consecutive trading days OR → 30% in 1 month AND ✅ Valuation Filter: → PE ≤ 0 (Loss-making) OR → PE > 2× PE of Nifty 500 (Overvalued) 2⃣ What's protected now? If a stock has: A PE between 0 and 2× Nifty 500 Even with a price jump ➡️ It won't be flagged under ESM Stage II anymore. A great move to avoid punishing fundamentally sound stocks. 3⃣ Example 1: Loss-making stock (PE ≤ 0) 🟢 Stock ABC 📈 Monthly return: 35% 📉 Net loss over past year → PE = -5 ✅ Meets both: ✔️ Price surge >30% ✔️ PE ≤ 0 🔴 Result: Enter ESM Stage II 4⃣ Example 2: Overvalued stock (PE > 2× Nifty 500) 📊 Nifty 500 PE = 25 → 2× = 50 🟢 Stock XYZ 📈 Monthly return: 32% 📈 PE = 63 ✅ Meets both: ✔️ Price spike >30% ✔️ PE > 50 🔴 Result: Moved to ESM Stage II 5⃣ In short: You’re safe if... 🟢 Your stock has: PE > 0 and ≤ 2× benchmark And price rise is < 15% in 5 days or < 30% in 1 month No ESM penalty even if it gains steadily. 6⃣ Final Thoughts SEBI’s update strikes a smart balance: ✅ Blocks truly speculative stocks ✅ Avoids choking good, growing companies ✅ Lets retail investors breathe easy Now stocks like #kceil #absmarine are permanently out of ESM2 risk in a way, since PE is less than 25, hence even with 2x = 50PE, they won't enter esm2 😅 Great news for SME 🚀🚀 Smart investing is back in focus 📈 #SEBI #ESM #StockMarket #RetailInvestors #PEratio #NSE #Surveillance #ESMStage2 @RajStockWatch @AdityaMittal795 @Aditya_joshi12 @patnaiksatish84 @ManojSh52935210 @drjimmy2407 @bansalabhishek5 @vardhiitbhu @drnstocks @rajsum74
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GhostOfSME retweeted
25 Jul 2025
Anticipating pressure in the coming days, I’ve trimmed my trading positions by around 50–60%. Long-term positions remain untouched. When it comes to IPOs, I won’t be holding any post-listing — will book profits on listing day itself. IPOs are often highly volatile after listing due to a sudden release of locked-in liquidity. We’ve already seen this happen with stocks like #Rikhav and #KabraJewels — both listed with nearly 90% gains but crashed over 60–70% shortly after. To this day, they continue to trade at all-time lows. Don’t get trapped in listing day euphoria — retail investors often end up holding the bag. Speaking from personal experience — I took a major hit on Kabra and Rikhav (screenshot attached), and I’m sharing this so others can avoid similar mistakes. In markets like these, capital preservation is more important than chasing returns. If I’m allotted #MonarchSurveyors, I plan to exit on listing — especially if it lists with a 50–60% premium. I anticipate a sharp correction afterward. I know this view is contrary to what most finfluencers are sharing on Twitter — but this is just my personal opinion, shaped by hard-earned lessons 😅. These IPOs often look attractive during a bull run — the hype and momentum make them seem like easy gains. But once the market starts correcting, most of them bleed heavily. What looked like a quick profit can quickly turn into a painful holding. Not a buy/sell recommendation — just sharing my thoughts and documenting my approach. #NSE #BSE #IPO #monarch #savyinfra #sme #monarchsurveyers
23 Jul 2025
🚨 Monarch IPO: Alarm Bells All Over #Monarch #MonarchSurveyors (This is my personal analysis and not financial advice. Please do your own due diligence before investing.) A forensic deep-dive thread on why Monarch Surveyors & Engineering Consultants Ltd. looks dangerously similar to past SME traps—and lags behind real infra-tech disruptors. 1. Bloat & Barebones Margins 507 employees, ₹154 Cr revenue → Employee cost is 17% (17% of 154cr) = 26cr ✅ Total Director Remuneration: ₹2.76cr 👥 Employees (excluding directors): Assuming 507 includes directors, we subtract 5 key directors = 502 employees 👉 No cost leverage, no tech cushion. - Monarch needs skilled surveyers, but you can't get skilled employees by paying 4.6L - Average employee cost is just ₹4.66L annually, or less than ₹39,000/month gross. 2. Zero AI, Zero IP No AI/ML, no defect-detection automation, no SaaS. Just drones CAD = infra services stuck in 2005. 3. SME Wealth Destroyers: Dhruv Consultancy & Manglam Infra Dhruv and Manglam had similar business, similar to Monarch. These companies looked “stable” at listing, but failed to scale, lost margins, and crashed post-IPO. Monarch has identical symptoms—low AI, high staff dependency, unclear capital deployment. 4. Monarch vs Infra-Tech Disruptors 5. Culture 🚩 “Toxic leadership” "Salaries delayed 1–2 months" “Unsafe for women” Glassdoor and AmbitionBox review 6. Vague Fund Use ₹31.77 Cr (~34% of IPO) allocated to “General Corporate Purposes.” That’s opacity on a ₹30 Cr scale—same script SME traps ran. 7. Recurring Legal Tax Cases - 2 cases (₹19 L) on company - 4 (₹3 L) on directors - 2 (₹0.5 L) on promoters - 1 group co. case ₹32 L 🧾 Small, but pattern shows frustration in compliance culture. 8. Scalability Verdict ❌ - No AI or SaaS - Non-recurring, bid-based revenue - Heavy headcount dependency - IPO money without a clear roadmap - Getting skilled employee at 32L cost that too revenue is difficult, monarch needs skilled surveyers not kids 🤣 ⚠️ Final Take Shoddy culture bloated overhead no tech drive vague fund usage = high-risk bet. My advice? Apply for listing gains, the business is not scalable and with no moat, could be a classic trap for long term investors. ✍️ All opinions above are based on publicly available RHP data and sector commentary. Not a recommendation. If this thread helped you dodge a trap, Retweet 🔁 | Like ❤️ | Follow @nimxor1 for IPO deep-dives and forensic stock analysis. #DYOR #RedFlags #SaaSInvesting #Monarch #SME #SMEIPO
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