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Dilip Davda recommend to "Avoid" the IPO.
Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
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Count | 0 | 0 | 0 | 1 | 0 |
% | 0.00 | 0.00 | 0.00 | 100.00 | 0.00 |
Reviewer | Recommendation | Past Reviews |
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Dilip Davda | Avoid |
[Dilip Davda]
Although this IPO is at par value, considering high P/E and low preference for SME IPOs among investors and broking community, only HNIs with surplus fund can invest at their own discretion keeping in mind the entry and exit barriers.
(Disclaimer: Author has no plans to invest in this IPO)
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