FiberWeb India - Bouncer (growth) or yorker (trap)?

after detailed scrutiny of SHP,
if we exclude Gayatri Pipes & Fittings from promoters then Mr.Seth family owns 39.89%, which they have increased from 37.07%.

in public share holders, LIC of India holds 1.79%.

one more thing I should have included in the initial writeup was, Management had Issued 1800000 (18L) Convertible Equity Warrants for funds needs for expansion on 11 March http://www.bseindia.com/xml-data/corpfiling/AttachHis/0448cf99-ed94-4283-ae05-9c576de2c69a.pdf.

out of which 700000 (7L) shares were allotted on 29Mar http://www.bseindia.com/xml-data/corpfiling/AttachHis/52dafa37-15e7-4e4d-b796-accd89a78224.pdf

and 100000 (1L) shares were allotted on 15Apr http://www.bseindia.com/xml-data/corpfiling/AttachHis/b5a82874-2ed4-4a50-ad76-a13dbaeddfda.pdf

remaining 1000000 (10L) shares were allotted on 6July http://www.bseindia.com/xml-data/corpfiling/AttachHis/5a498ae4-a44c-4d19-b5dd-712fdfc102d1.pdf

total 18Lakh shares were allotted to group of Strategic Investors, not forming part of the Promoter Group of the Company, in records time of just 4months

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