October 9, 2020 - October 13, 2020

Bodhi Tree Multimedia IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Bodhi Tree Multimedia 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

Bodhi Tree Multimedia IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Bodhi Tree Multimedia IPO Review by Dilip Davda (Avoid)

[Dilip Davda] BTML has carried forward losses. Last seventeen months performance with super profit and sustainability of the same going forward raises major concern. Company's receivables and payables are exorbitantly high. Currently, this segment is facing tough competition coupled with downturns following COVID-19 pandemic. Post issue equity capital indicates long gestation for migration to the main board. Considering all these, investors may give a "MISS" to this highly-priced offer. Read detail review...

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