May 11, 2023 - May 15, 2023

Auro Impex & Chemicals IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Auro Impex & Chemicals 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

Auro Impex & Chemicals IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Auro Impex & Chemicals IPO Review by Dilip Davda (Avoid)

[Dilip Davda] After the average performance for FY21 and FY22 (standalone basis), it marked miraculous profits for FY23 on a standalone and consolidated basis. This not only raises eyebrows, but concerns over the sustainability going forward. One more surprise is the hike in the issue size in just a few days as can be seen from RHP dated 01.05.23 and 06.05.23. Considering this, the issue lacks transparency and is aggressively priced discounting all near-term positives. There is no harm in skipping this pricey IPO. Read detail review...

Auro Impex & Chemicals IPO Review by Members

Auro Impex & Chemicals IPO Reviews, analysis and views by popular members. Read Auro Impex & Chemicals Limited IPO reviews by retail investors to find recommended ipo to buy.

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Auro Impex & Chemicals IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	2	0	0	1
%	66.67	0.00	0.00	33.33

Member	Review
Baron	Avoid Huge borrowings fake gmp total avoid Heard that the company has a ca case filed against them May 11, 2023 10:51:03 AM
judo	Apply for Listing Gain at Upper Price Band must apply great 230 cr company May 10, 2023 3:03:14 PM
Mukesh Pandya	Apply for Listing Gain at Cut-off Price Good company May 5, 2023 12:12:53 PM

Member

Review

Baron

Avoid

Huge borrowings fake gmp total avoid
Heard that the company has a ca case filed against them

May 11, 2023 10:51:03 AM

judo

Apply for Listing Gain at Upper Price Band

must apply great 230 cr company

May 10, 2023 3:03:14 PM

Mukesh Pandya

Apply for Listing Gain at Cut-off Price

Good company

May 5, 2023 12:12:53 PM

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