Dhanvantri IPO Review

May Apply

You can apply as Retsil quota is 10% and that will be oversubscribed. As Sachjn and Laxman invested in Azad and now gained handsomely hoping Virat Kohli and Anushka Sharma invested in it after election it may show upper trend .Book Profit on listing if alloted.

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Avoid

As hundreds cases pending against company no competition with LandMark Cars Dbt Equity higher AVOID

Avoid

10%Retail enough reason retail portion will be oversubscribed but IPO Investors are burning their fingers after recent listing sme Italian food @68 closed 57 on listing date.AVOID

Neutral

Loss making price band 750-790 may be put into trade to trade as retail location is 10% Normal Listing gain expected.