Poojaa Precision SME IPO: Numbers that shine, disclosures that don't

Poojaa Precision Engg., a Pune-based aluminium die-casting manufacturer, opens its ₹160 crore SME IPO on July 28 with a ₹285–301 price band and genuinely standout financials; 30% revenue CAGR, near-doubled PAT, and ROE/ROCE well above listed peers. The 100% fresh issue funds real capacity expansion, and promoters aren't cashing out. But the story is clouded by serious governance concerns; a promoter's criminal case, a disqualified director, a very young CFO, and heavy customer concentration- that investors shouldn't skim past. For more, click here.