Promoter Amit Sheth seems a hardworking dynamic n v focussed entrp in his niche of Lighting. His linkedin profile n that of.his team members is quite impressive. He owns nearly 75% stake in thw co n scuttelbutt about him n the co is quite positive in mumbai n business circles. Recently there was a seminar on Sme cos held at Bse n presentation given by Amit sheth was most impressive. He is said to have been able to acquire marquee clients like Ikea n Apple.his website pluslightech.com is quite impressive with v good clientele.
That said sme seems a v competitive sector n is suffering from.revulsion for sme cos at present. Good pointers in abv post on some concerns .
Still mktcap vs opp size is good n co if it moves to main board may get better liquidity n visibility. Ipo was v small at 5 crore rs n was v cheaply priced at 5 PE.
Can any ahmedabad based investor visit their new factory n give inputs?