Amira Na­ture Foods - Un­der­funded and Over­val­ued

Business Sphere - - Amira Nature Foods -

Amira

Na­ture

Foods

(ANFI) price range of $13-15. In fact, this was the first ques­tion asked at ANFI’s two most re­cent an­nounced in­vestor pre­sen­ta­tions. The com­pany’s re­sponse be­ing an act of des­per­a­tion rather than op­por­tu­nity. ANFI plans to use $52 mil­lion of the IPO pro­ceeds to re­pay out­stand­ing

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