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December 14, 2021 - December 16, 2021

Eurobond IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Eurobond IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Eurobond IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Eurobond IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  While the company changed its business of trading to venture into aluminium panels recently, its financial data has an erratic pattern. Super earnings in the first quarter of FY22 (IPO year) raise concern. Based on its financial data, the issue is aggressively priced. There is no harm in giving this issue a MISS. Read detail review...

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