September 18, 2018 - September 21, 2018

Sky Gold IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Sky Gold IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

Sky Gold IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Sky Gold IPO Review by Dilip Davda (Avoid)

[Dilip Davda]

Currently sentiment for jewellery sector is very weak. Company’s financial too are not that appealing except FY18 which raised IPO with superb earnings in pre-IPO year. Pricing of the issue is very aggressive and major chunk of fund is going for repayment of loans from promoters. There is no harm in giving this issue a miss.

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