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The Scanner, July’24 | Wheels of Fortune or Risk? Unveiling an Indian EV Giant’s IPO

5 August 2024

In a riveting exploration of India’s leading electric 2-wheeler manufacturer, this edition of The Scanner dissects the financial intricacies and market dynamics surrounding its IPO. Highlighting aggressive R&D capitalisation, a complex working capital cycle, and rising warranty costs, the analysis offers a critical perspective on the company’s ambitious growth amid high competition. As investors weigh the fertile opportunities against potential red flags, this deep dive by our Sr. Research Analyst, Aman Jain, provides essential insights for judicious decision-making.

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Current complaints

Data for the month ending – October, 2024

Complaints status

Sr. No.

Received from

Pending at the end of last month

Received

Resolved*

Total Pending #

Pending complaints

> 3 months

Average Resolution time^ (in days)

1

Directly from Investors

0

0

0

0

0

0

2

SEBI (SCORES)

0

0

0

0

0

0

3

Other Sources

(if any)

0

0

0

0

0

0

 

Grand Total

0

0

0

0

0

0

* Inclusive of complaints of previous months resolved in the current month.

# Inclusive of complaints pending as on the last day of the month

^ Average Resolution time is the sum total of time taken to resolve each complaint in days, in the current month divided by total number of complaints resolved in the current month.

 

Trend of monthly disposal of complaints

Sr.

No.

Month

Carried forward from previous month

Received

Resolved*

Pending#

1

April, 2024

0

0

0

0

2

May, 2024

0

0

0

0

3

June, 2024

0

0

0

0

4

July, 2024

0

0

0

0

5

August, 2024

0

0

0

0

6

September, 2024

0

0

0

0

7

October, 2024

0

0

0

0

 

Grand Total

0

0

0

0

*Inclusive of complaints of previous months resolved in the current month. #Inclusive of complaints pending as on the last day of the month.

               

Trend of annual disposal of complaints

SN

Year

Carried forward from previous year

Received

Resolved*

Pending#

1

2020-21

0

0

0

0

2

2021-22

0

0

0

0

3

2022-23

0

0

0

0

4

2023-24

0

0

0

0

 

Grand

Total

0

0

0

0

*Inclusive of complaints of previous years resolved in the current year. #Inclusive of complaints pending as on the last day of the year.