New-age companies are increasingly showing profits just before IPOs, often due to one-time gains or accounting adjustments, raising concerns about sustainability. Investors are urged to scrutinize earnings quality and focus on cash flows and core operations rather than headline profits to avoid an overoptimistic view.
Pristine Logistics confidentially files IPO docs with Sebi
Pristine Logistics and Infraprojects has confidentially filed its DRHP with Sebi for an IPO. The rail-focused multimodal logistics company is expanding terminals, warehousing and cargo