May 14, 2018 - May 16, 2018

Innovators Facade Systems IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Innovators Facade Systems IPO.

Innovators Facade Systems IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Innovators Facade Systems IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Innovators Facade Systems IPO Review by Dilip Davda (May apply)

[Dilip Davda]

Although company posted rising trends for top lines for last five fiscals, sudden drop in bottom lines for FY16 and FY17 and spectacular rise for first nine months of FY18 raises concern on sustainability. It is aggressively priced offer based on its performance so far. Investors may consider investment at their own risk.

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