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March 20, 2020 - April 3, 2020

Laxmi Goldorna IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Laxmi Goldorna IPO.

Laxmi Goldorna IPO Review Summary from brokers and analysts

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

Reviewer Recommendation Past Reviews
Dilip Davda May Apply

Laxmi Goldorna IPO Review by Dilip Davda (May apply)

[Dilip Davda]  LGHL is in highly competitive and high volume - low margin business of gold ornaments as well as the lagging real estate segments. While the gold jewellery business is a highly fragmented segment with a large number of unorganized players, realty sector too is overcrowded. Based on the financial issue is aggressively priced. While others can avoid, risk savvy - cash surplus investors may consider investment at their own risk. Read detail review...

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