September 2, 2021 - September 7, 2021

BEW Engineering IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to BEW Engineering IPO.

BEW Engineering 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

BEW Engineering IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

BEW Engineering IPO Review by Dilip Davda (May apply)

[Dilip Davda] Though the prima facie issue appears lucratively priced, its alarming level of borrowings and the sustainability of its profitability going forward raised concern. Even the equity base post IPO is too small and it will take a pretty long time to migrate to the mainboard. Considering all these, risk seekers cash surplus investors may consider investing for the long term. Read detail review...

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