July 27, 2021 - July 30, 2021

Gretex Corporate Services IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Gretex Corporate Services 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

Gretex Corporate Services IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Gretex Corporate Services IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is operating in a highly competitive field with many mega players. It has posted inconsistency in its financial performance. Based on the super earnings of FY21, its pricing is aggressive. Even after IPO, it will have tiny equity indicating a longer duration for migration to the mainboard. Considering all these, there is no harm in giving this issue a â€œMISSâ€. Read detail review...

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