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Dilip Davda recommend to "Avoid" the IPO.
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Dilip Davda | Avoid |
[Dilip Davda] Based on its financial data, the issue is exorbitantly priced. Even the total equity dilution is above 40% raising concern. This segment is highly competitive and fragmented. The sustainability of margins shown for the period ended February 18, 2022, raises concern. Considering all these factors, there is no harm in ignoring this pricy issue. Read detail review...
Bhatia Colour Chem IPO Reviews, analysis and views by popular members. Read Bhatia Colour Chem Limited IPO reviews by retail investors to find recommended ipo to buy.
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