The Company is into the Manufacturing of High purity Speciality Chemicals for diverse end users. The Company offers vide range of 185 products. Pre Issue Promoter holding 99.98% and post issue is 74.21%. This is full offer for Sale of Promoter holding. Issue price - 129-136 Offer for sale - 9570000 Shares PE for Pre IPO - 30.37 and Post IPO - 24.47 which is extremely attractive. RONW - 25.66% which very good. Already raised 39 Cr. from Anchor Investors - Conclusion - Considering all factor i.e. all fundamental factors stock is attractively priced at Post issue PE of 24.47 V/s Industry currently trading at 36 which means at 30% discount to Industry average. We recommend this to BUY and hold for Investors. Others can book profits on Listing and exit. Happy Investing, Thank you, Technofunda24

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