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ForeverLearner IPO Review

Read IPO recommendations, analysis, and views posted ForeverLearner. Check ForeverLearner messages on IPO discussion forum.

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IPO Reviews by ForeverLearner

IPO Review
Dev Labtech Venture Limited IPO

Avoid

The Price to Earnings is 60 as per the DRHP based on the FY 2022 earnings and I consider this too high a valuation with no listed peers to justify the valuation, also the remuneration drawn by the directors cumulatively is Rs 7/lacs per annum which is totally unjustified.

March 21, 2023 12:53:29 PM

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