Hi to all thread member. Do think that Indiabull Power(IBP) IPO should be considered a good candidate for investment.
I came to know from newspaper that it is raising money mainly to accomplish their project which will take substantial portion time. And within that duration the company have to mainly depends on income from other sources. This implies that cash flow from operation will be appearing only after the completion of the project and it viability to generate sufficient operating income(though power sector is operating at the top level in indian economy).
So i want to know inspite of this fact why every investor have shown their confidence behind this IPO and make it successful.
I came to know from newspaper that it is raising money mainly to accomplish their project which will take substantial portion time. And within that duration the company have to mainly depends on income from other sources. This implies that cash flow from operation will be appearing only after the completion of the project and it viability to generate sufficient operating income(though power sector is operating at the top level in indian economy).
So i want to know inspite of this fact why every investor have shown their confidence behind this IPO and make it successful.
