Justalearner IPO Review

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IPO Reviews by Justalearner IPO Mentor (600+ Posts, 400+ Likes)

IPO	Review
Delhivery Limited IPO	Avoid An unfairly high priced IPO considering the prevailing market situation coupled with the fact that it is consistently returning losses... Although, it seems it may turn profitable in the future, the risk-reward ratio at present is tilting more towards the risk than any reward. Any listing gain or short term gain doesn't look probable and long term investors can be better off buying after listing.... Overall, an avoid for me..... May 12, 2022 7:34:54 PM

Review

Avoid

An unfairly high priced IPO considering the prevailing market situation coupled with the fact that it is consistently returning losses... Although, it seems it may turn profitable in the future, the risk-reward ratio at present is tilting more towards the risk than any reward.
Any listing gain or short term gain doesn't look probable and long term investors can be better off buying after listing.... Overall, an avoid for me.....

May 12, 2022 7:34:54 PM

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