𝗪𝗲𝗮𝗹𝘁𝗵 𝟲𝟱𝟬

@sab_maya_hai__ @sellingonmonday Dm

@MCapital_In Thank

🧵 India's biggest-ever SME IPO opens this week. Q-Line Biotech (#QLine): set to raise ₹214 Cr. of fresh issue with marquee anchor investors (#abakkus #carnelian #HDFC #360One) & many more. Skip the hype and a deep dive into RHP raises serious concerns investors need to consider while evaluating the IPO for investment 🚩A company that sells 65% to its own group → guarantees ₹46 Cr of that group's debt → can't convert profit to cash → sits on 10 months of inventory → gets downgraded 4 notches by CRISIL → shares an office with an IT-raided entity it claims to have exited → belongs to a group named in a ₹500–700 Cr pathology scam → and books a ₹17 Cr loss it won't explain. 🚩 #1 — It sells 65% to its own group: POCT Services 283 distributors on paper. In reality, one group entity — POCT Services — absorbs more than 60%+ of all sales. % revenue share, year by year: ▪ FY23: 37.9% ▪ FY24: 51.7% ▪ FY25: 62.9% ▪ 9M FY26: 65.4% This isn't a distribution network. It's a related party. And the dependence deepens every single year — the opposite of what you want to see before an IPO. 🚩 #2 — It also backstops that group's debt It sells to the group. Does it also stand behind the group financially? Yes. Corporate guarantees in the contingent-liability note: ▪ POCT Science House: ₹10.6 Cr (Mar'25) → ₹15 Cr (Dec-25) ▪ POCT Services: ₹31.05 Cr (brand new in Dec-25) ▪ Total: ₹46 Cr — up from ZERO in FY23 & FY24 See the loop: Q-Line books revenue selling to POCT, and simultaneously guarantees POCT's borrowings. Revenue and risk circulate inside the same family. If POCT stumbles, Q-Line — and now its public shareholders — are on the hook 🚩 #3 — The profits don't become cash A healthy business converts profit into cash. This one doesn't. Net cash from operations: ▪ FY23: +₹25 Cr ▪ FY24: −₹24 Cr ❌ ▪ FY25: −₹1.3 Cr ❌ ▪ 9M FY26: −₹33 Cr ❌ Three straight years of negative operating cash flow — Reported profit on the P&L, real cash walking out the door. 🚩 #4 — Where the cash is trapped It's stuck in receivables and inventory that keep swelling. Debtor days: 66 (FY23) → 96 (FY25) → 160 (Dec-25) Inventory days: 180 (FY23) → 226 (FY25) → 305 (Dec-25) That's ~10 months of inventory sitting idle, and customers taking 5+ months to pay. Recall who the biggest customer is. And the company's own projections keep debtor days at 115 through FY28. They aren't promising a fix — they're normalising the bloat. 🚩 #5 — CRISIL has already downgraded the credit rating On April 9, 2026, CRISIL: ▪ Cut long-term: BBB+/Stable → B/Stable (four notches) ▪ Cut short-term: A2 → A4 ▪ Tagged it "Issuer Not Cooperating" — the company stopped sharing information. A four-notch downgrade, weeks before the IPO, and the firm went dark on its own rating agency. Yet it's comfortable asking the public for ₹214 Cr. 🚩 #6 — The "clean exit" that wasn't Now the governance gets uncomfortable. The Income Tax Dept ran search & seizure operations on POCT Science House Pvt Ltd (Sep 2–5, 2025); books and records were impounded. Q-Line says it divested its 49% stake on Mar 20, 2025 — a clean break. Except: ▪ POCT Science House still operated from the SAME office as Q-Line ▪ Its guarantee from Q-Line ROSE from ₹10.6 Cr (Mar'25) to ₹15 Cr (Dec'25) — AFTER the supposed exit If you've genuinely walked away, why the shared address — and why put MORE money on the line for them? 🚩 #7 — And the group has a documented history This is where it stops being about accounting. An NDTV investigation (Sep 6, 2025) into Madhya Pradesh's govt pathology-lab scandal names the winning consortium as "Science House Medicos and POCT Services." NDTV reported: ▪ 85 govt labs billed at premium NABL rates — NONE were NABL-accredited at contract start ▪ Scam estimated at ₹500–700 Cr, with ≥₹300 Cr in overbilling ▪ FDA-approved machines required, never used; single-bidder re-tender rule ignored ▪ Science House's promoter had served jail time for corruption; POCT blacklisted in multiple states ▪ The Economic Offences Wing had already filed a case "Science House" is a JV of Q-Line with its erstwhile associate POCT Science House. ndtv.com/india-news/ndt… ⚠️ #8 — The ₹17 Cr that simply vanished One number we could not reconcile. The restated P&L books an Extra-Ordinary Item of ₹16.97 Cr (~₹17 Cr) in FY25 — large enough to drag PAT down from ~₹34 Cr (FY24) to ~₹28 Cr (FY25). We searched the RHP for what this loss actually was but couldn't find the answer. 🔍 #9 — And note where it chose to list : SME and not Mainboard! A ₹214 Cr raise is the largest SME IPO in history. The minimum lot here is ~₹2.74 lakh — which prices out small retail and the questions they'd bring. A record-sized raise, riding the lighter-scrutiny lane, with a ticket size that keeps the smallest investors out. Not illegal. Summary : Are we reading too much or lining all the flags are telling one coherent story, not eight random ones! Do your own work. This is educational analysis, not investment advice. 🙏 #QLineBiotech #SMEIPO #IPO #IndianEquities #NSESME #StockAlertsIndia #stockmarkettrading

@Vivek_Investor Fact - 9/10 Don't have money

Are you in 6 or in the remaining 4?

@IronyMeter Lic AMC AUM is very small 50000 cr Market cap approx 5% - 2500 cr 250 cr for gic

Capital markets are a decadal theme as per some market participants. This will mean some AMCs will also list. Two hidden hold cos which have large stakes in unlisted AMCs: - GIC Housing Finance: owns a large chunk of LIC mutual fund - HB Portfolio: owns a large chunk of Taurus mutual fund Sirf ye dekh kar khareed mat lena, meri annual report padhne ki aadat ka nateeja hai ye.

@TaxBuddy1 One Thread on NRI plz

[1] Big change this year: 🔸More taxpayers can now file using ITR-1 and ITR-4. 🔸Earlier, only 1 house property was allowed. 🔸Now, even taxpayers with 2 house properties can use these forms.

📌ITR filing for AY 2026-27 is now open I-T Department has released ITR-1 and ITR-4 forms Several key changes you need to know before filing 🧵👇

@Mindfulness2050 @eduinvestingin @BipinSingh @MobiKwik @AnilSinghvi_ @AnshBhilwar @sugataghoshET @jpmorgan Bought at higher price now stuck ? Total investment ? Btw it was unicorn company in 2021 with valuation 7000 cr

@eduinvestingin @BipinSingh should analyze and answer in investment meet ! Ideally @MobiKwik market should touch like others GenZ companies of 80000 crore !! @AnilSinghvi_ @AnshBhilwar @sugataghoshET @jpmorgan

One Mobikwik Systems Ltd Q4 FY26: Profitability Reclaimed, But IPO Gold Sitting Idle? - Eduinvesting eduinvesting.in/one-mobikwik-2…

@i_Sajith79 Why aren’t u sharing ur views on stocks these days? Isn’t this 1 of the best times to accumulate quality stocks? Anything U R currently tracking or liking like Rupa , Lux , Himatsingka, Zenith Fibres, packaging Play - Huhtamaki, furniture - Stanley ? Land bank - Orient paper

@Wealth650 Textile is the safe bet

The best bet in Indian stock market is unfortunately Textiles - lol Competition coming down - Markets opening up No major economy including China want to focus on textiles - everyone want AI - and the competition over there and the disruption is huge. IT will be the causality

@RajStockWatch One Post on Siyaram Recycling Mukul sir ka Paisa to Gaya

🍏SHERA ENERGY FY26 ANNUAL RESULTS. H2FY26 RESULTS. Rs.150 was at 16.7p/e. Now 12.5x 👍 👍OVERALL GOOD. Shera is into Copper Recycling like SUNLITE, PARMESHWAR METAL and RAJPUTANA INDUSTRIES. H2 FY26 Vs.H1 FY26 REV:Rs. 865Cr Rs. Vs Rs.783Cr 👍 PAT:Rs. 17.38Cr Vs Rs. 12Cr 👍👍 (May Compare with H2FY25 Rev=Rs. 678Cr & PAT=Rs. 10Cr ) FY26 Vs FY25 REV:Rs. 1647Cr Vs Rs. 1279Cr 👍 PAT:Rs.29.4Cr Vs Rs.17.8Cr 👍👍 (PAT is less minority interest which is relatively high. Hence removed for correct PE calculation) SHERA ENERGY SME IPO was in FEB 23 at Rs. 57.

@gurjota *What other stocks are you tired of holding because it keeps trying your patience*

One of my biggest mistakes in the past 5 years has been selling a 10x multibagger stock for zero profit after I had done all the hard work and bought it super cheap. Why? Because I ran out of patience after a few quarters of stagnant business performance.

@crg_kohlifan18 @InvestInMicro -85 Crore Means Udhaar Bant raha hai More you can ask chatgp

@Wealth650 @InvestInMicro What does it indicate

This company is targeting 5000 Cr Revenue by 2030🚨 PE is just 13😳

@JeffEvely @Tablesalt13 $900 Annually is that even possible That low 😯

@Tablesalt13 $900 HOA will drive those prices down.

What the f*ck man 🤯🤯

@riteshmjn Will any Reputed MNC hire college Drop out ?

NO…. Don’t waste your time.

@askvipendra Can you share your monthly Income from X ?

क्या आपने कभी सोचा कि करोड़ों का हाई-टेक घर भी कभी सिरदर्द बन सकता है? Sourav Joshi आज 25 साल की उम्र में करोड़ों की net worth और करीब 39.9M subscribers के साथ luxury life जी रहे हैं और उन्होंने अपने लिए एक महल जैसा high-tech घर बनवाया है लेकिन कहानी तब बदली जब उन्होंने अपने vlog में बताया कि यही high-tech घर अब family के लिए परेशानी बन रहा है घर में light issue आया और उनकी wife अवंतिका lift में फंस गई क्योंकि lift के button काम नहीं कर रहे थे जिससे panic situation बन गई उनकी मां ने गुस्से में कहा कि पहले ही मना किया था lift लगाने से और अब देखो क्या हो रहा है वहीं चाची ने बताया कि वो भी पहले lift में फंस चुकी हैं फिर घरवालों ने मिलकर lift को manually खोलकर अवंतिका को बाहर निकाला लेकिन वह इतना डर गईं कि आगे से lift use न करने की बात कही घर में एक wall पर महंगे शोपीस रखे गए हैं लेकिन उनकी मां ने साफ कहा कि यह सब बेकार है और इसका कोई खास मतलब नहीं सौरव ने खुद माना कि बड़ा और high-tech घर बनाना जितना आसान लगता है उतना practical नहीं होता और simple घर ज्यादा comfortable होता है घर में code lock system लगा है जिससे उनके दादा-दादी खुद से room में entry नहीं कर पाते और उन्हें किसी और को बुलाना पड़ता है light और smart system इतना complex है कि elders खुद operate नहीं कर पाते जिससे dependency बढ़ जाती है उनका घर पूरी तरह modern है जिसमें lift, modular kitchen, gaming room और luxury interior जैसी सारी सुविधाएं हैं फिर भी उन्होंने कहा कि इतनी technology होने के बाद भी daily life आसान नहीं बल्कि कई बार मुश्किल हो जाती है घर में comfort जरूरी है न कि सिर्फ दिखावा क्योंकि ज्यादा technology कभी-कभी problem बन जाती है कमेंट में बताइए आप simple घर पसंद करेंगे या full high-tech smart home

@abhishek Ur UPI ? Will deposit 250+ shipping

65 watt Gan charger with your brand name for ₹250 👀

@Stockmarketsang @BasantBaheti3 👤

@Wealth650 @BasantBaheti3 Tumhari khud ki profile bhi nahi he tum logo ko bachau ge

यदि आप लार्जकेप शेयर्स जैसे टीसीएस ,एचडीएफसी बैंक , रिलायंस,आईटीसी,हिंदुस्तान लिवर ,एशियन पेंट्स जैसे शेयरों में आज की तारीख में निवेश करते हो तो ये पक्की बात है कि आपको स्वयं रिसर्च करना नहीं आता , आप बाज़ार में उपलब्ध रेडीमेड रिसर्च ढूंढ़कर थोड़ा बहुत डेटा एआई से लेकर अपने आपको महान रिसर्च विशेषज्ञ मानने लगते हो और साल का 8-10% रिटर्न निकालकर संतुष्ट रहते हो ! वास्तव में असली विशेषज्ञ वो होता है जो आज ऐसी स्मॉल केप कंपनी ढूंढ कर रिसर्च करने की क्षमता रखे जो भविष्य में इन जैसी लार्ज केप कंपनी बनकर मल्टीबैगर रिटर्न दे सके !

@Stockmarketsang @BasantBaheti3 नहीं लोगों को बचा रहा हूं

@Wealth650 @BasantBaheti3 Tum kya isi liye bethe ho

@Stockmarketsang @BasantBaheti3 अगर तुम्हारा यह पोर्टफोलियो है तो बड़ा फसोगे सरकार

@Wealth650 @BasantBaheti3 Kyu bhai mene ye bataya ki in stocks me bo sari chige ho rahi he jo ek MULTIBEGER me hoti he mene ye nahi kaha ki aap log in stocks ko buy karlo ye mera point of view he me in companys ko track karta hu har ek Quatet me

@sumitkbehal Ola Electric 30 CE is up 50000% in April 26 If NSE had replaced Reliance with Ola 30 CE in Nifty, the index would have been trading at 3000000 You should think about this masterstroke

Ola Electric is up 50% in April 2026 If NSE had replaced Reliance with Ola in Nifty, the index would have been trading at 30,000 NSE should think about this masterstroke