July 29, 2019 - July 31, 2019

Affle IPO Review & Recommendations

Canara Bank has given "Apply" recommendation to Affle IPO. Capital Market, Centrum Wealth Management and Dilip Davda have given "May Apply" recommendation to Affle IPO. Angel One has "Neutral" view about the IPO. Axis Capital, ICICI Direct and JM Financial Institutional Securities have "Not Rated" the IPO.

Affle IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	3	1	0	3
%	12.50	37.50	12.50	0.00	37.50

Affle IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Angel One	Neutral
Axis Capital	Not Rated
Canara Bank	Apply
Capital Market	May Apply
Centrum Wealth Management	May Apply
Dilip Davda	May Apply
ICICI Direct	Not Rated
JM Financial Institutional Securities	Not Rated

Affle IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Affle IPO is 43. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	43	Avoid, however active risk seekers can try

Affle IPO Review by Dilip Davda (May apply)

[Dilip Davda] AIL is having a unique business model and has no listed peers to compare with. Its revenue includes nearly 70% global business and the rest from domestic markets. Considering its long term relations with renowned global and domestic clients and the ongoing business, management is confident of improving upon its performance going forward. Being the first mover in the segment, it might create a fancy post listing. AIL runs the asset-light business model with debt-free status. Investors may consider moderate investment for the long term. Read detail review...

Post Recommendation Manage Recommendations

Note:

The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
We reserve the right to remove any objectionable post without providing a reason.