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November 22, 2019 - November 26, 2019

CSB Bank IPO Review & Recommendations

Ajcon Global Services Ltd, ICICI Direct, Mehta Equities, NVS Wealth Ltd and Stocks & Biceps have given "Apply" recommendation to CSB Bank IPO. Dilip Davda and Investmentz Ltd have given "May Apply" recommendation to CSB Bank IPO. Capital Market recommend to "Avoid" the IPO.Axis Capital, Emkay Global, Kotak Securities and Sharekhan Limited have "Not Rated" the IPO.

CSB Bank IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 5 2 0 1 4
% 41.67 16.67 0.00 8.33 33.33

CSB Bank IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Ajcon Global Services LtdExternal link Apply
Axis CapitalExternal link Not Rated
Capital MarketExternal link Avoid
Dilip Davda May Apply
Emkay GlobalExternal link Not Rated
ICICI DirectExternal link Apply
Investmentz LtdExternal link May Apply
Kotak SecuritiesExternal link Not Rated
Mehta EquitiesExternal link Apply
NVS Wealth LtdExternal link Apply
Sharekhan LimitedExternal link Not Rated
Stocks & BicepsExternal link Apply

CSB Bank IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for CSB Bank IPO is 43. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer Rating Score Rating
Capital Market 43 Avoid, however active risk seekers can try

CSB Bank IPO Review by Dilip Davda (May apply)

[Dilip Davda]  Based on financial data, the issue is aggressively priced. We have witnessed well managed grey market operation even before the official price band announcements by vested interest. This may lure listing gainers/short term investors to opt for this issue. All its peers are trading at much lower P/Es currently. Aggressive IPO pricing already discounts all near term positive factors. The banking sector is on the crossroads and witnessing no fancy. Considering all these factors, cash surplus risk savvy investors may consider investment at their own risk. Read detail review...

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