The creator advises avoiding the Vishal Nirmit IPO, citing its small company size, low PAT, and a business model based on tenders rather than a strong business model.
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₹29,960 बचाओ | IPO Review
Sep 30, 2026
The creator reviews two IPOs, Vishal Nirmit and Nitya James & Jewellery, advising viewers to avoid both. Vishal Nirmit is a civil engineering and construction company with a small market cap and low PAT, operating on a tender-based business model. Nitya James & Jewellery deals in lab-grown diamonds and gold jewelry, with a business model heavily reliant on B2B supply and a limited retail presence, facing market saturation in lab-grown diamonds and limited experience.
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