September 30, 2021 - October 5, 2021

Adishakti Loha and Ispat IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Adishakti Loha and Ispat 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

Adishakti Loha and Ispat IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Adishakti Loha and Ispat IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is in a highly competitive and fragmented segment of trading in Iron and Steel. It has posted poor financial performance. Based on FY21 earnings, the issue is exorbitantly priced. The Lead Manager has a poor track record. Just stay away from this fully structured issue. Read detail review...

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