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February 10, 2023 - February 15, 2023

Agarwal Float Glass India IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Agarwal Float Glass India IPO.

Agarwal Float Glass India IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 0 1 0 0 0
% 0.00 100.00 0.00 0.00 0.00

Agarwal Float Glass India IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda May Apply

Agarwal Float Glass India IPO Review by Dilip Davda (May apply)

[Dilip Davda]  The company is in the trading business and fully dependent on third-party supply. Earnings for H1-FY23 raise eyebrows and concern over sustainability going forward. Though on the basis of FY23 earnings, the issue appears lucratively priced, on the basis of FY22 earnings, it is aggressively priced. Higher spending for the IPO process indicates funding arrangements. Thus, it can be termed a high-risk/low-return bet. Well-informed/cash surplus risk seekers may consider investing for the medium term. Read detail review...


Agarwal Float Glass India IPO Review by Members

Agarwal Float Glass India IPO Reviews, analysis and views by popular members. Read Agarwal Float Glass India Limited IPO reviews by retail investors to find recommended ipo to buy.

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Agarwal Float Glass India IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 2 0 0 4
% 33.33 0.00 0.00 66.67
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Member Review
Arjun Rajkot
IPO Guru IPO Guru (1000+ Posts, 1800+ Likes)

Avoid

Better wait for listing

February 14, 2023 10:14:00 PM
IPO LEADER
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)

Avoid

Avoid

I Like It. 1

February 6, 2023 5:05:57 PM
MRZOPE

Apply for Long Term at Upper Price Band

Attractive price band

February 6, 2023 11:27:13 AM
POLARSTAR

Avoid

Trading company on paper only, totally scam so..

February 9, 2023 11:59:11 PM
SME Info

Apply for Long Term at Cut-off Price

Cheap valuation and gud industry

February 14, 2023 4:34:11 PM
SME INVESTOR (300+ Posts)

Avoid

Margin is very low and a big reason to avoid as no future development seen

margin in 2022 is pre-IPO decorative.

I Like It. 1

February 7, 2023 5:09:40 PM

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2 Comments

2. himanshu mahbubani     Link|February 15, 2023 7:23:22 PM
What is real GMP.... Issue subscribe...7 times but GMP show discount
1. Ramesh Mahbubani     Link|February 15, 2023 7:17:06 PM
Subscribed seven time in retail
Any idea of gmp in discount misguide to investors what's actual view kindly share