TIL - Infra story-can this be the next multibagger?

Stock Opportunities Untested - but worth a good look
27

This has the smell of a quid pro quo deal all over it

  1. placement done at par which is ridiculous
  2. only Re. 1 called up - in case anything untoward happens, they can reverse this transaction
  3. the transaction neither provides liquidity nor has a marquee investor and is done with an unknown. So, it obviously is done to benefit the other party rather than TIL.

@priyank9

once the shares area alloted and the shareholder pays up full amount, company cannot refuse it - the company is lying on this.

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