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Dilip Davda has given "May Apply" recommendation to Le Merite Exports IPO.
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 |
Reviewer | Recommendation | Past Reviews |
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Dilip Davda | May Apply |
[Dilip Davda] The company is largely doing trading in textile products with third-party contracts. Its major earnings are from exports. Rising margin earnings shown by it over the last three fiscals are surprising and raise eyebrows. In the context of its recent super earnings, its valuations are at the optimum level. The sustainability of such a margin going forward is a major concern. Dependency on third party contracts poses major risks. Government policy on trade with China, and recent clashes with Turkey pose threats for its export earnings. Cash surplus risk seekers may consider parking funds for the medium to long term. Read detail review...
Le Merite Exports IPO Reviews, analysis and views by popular members. Read Le Merite Exports Limited IPO reviews by retail investors to find recommended ipo to buy.
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Review By | Apply | May Apply | Neutral | Avoid |
---|---|---|---|---|
Count | 15 | 0 | 3 | 1 |
% | 78.95 | 0.00 | 15.79 | 5.26 |
Member | Review |
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Aakash Patil |
Apply for Short Term at Cut-off Price Strong financials April 23, 2022 11:49:23 AM |
Bhumika |
Apply for Listing Gain at Upper Price Band Financial are good April 25, 2022 11:01:50 AM |
eVA IPO Guru (1300 Posts, 1900+ Likes) |
Neutral If I don't see listing gain then I may skip, i will think to get 1 lot allotment if HNI subscription is more than 5X at least April 24, 2022 9:19:24 AM |
GOEL STOCK LINK |
Apply for Listing Gain at Upper Price Band price is reasonable, profit gain on listing or long term as per your risk. |
i For IPO ☑️ IPO Mentor (500+ Posts, 700+ Likes) |
Apply for Long Term at Upper Price Band Growth Stock And PLI For Cotton. Heavy Demand April 25, 2022 11:00:54 AM |
IPO Lover Rjkt |
Apply for Short Term at Cut-off Price Fundamental strong April 26, 2022 1:02:15 PM |
ipo stonks Top Contributor (200+ Posts, 200+ Likes) |
Apply for Listing Gain at Cut-off Price On the macro level textile industry is in a sweet spot. Incentives from government and demand for textile will push the whole industry ahead. And going by the financials the promoters of this company are doing great. But they will need to prove it going forward too. So, for listing gains it is very good, long term one has to be skeptical. April 23, 2022 1:12:17 PM |
JAI MATA DI IPO Mentor (700+ Posts, 500+ Likes) |
Apply for Long Term at Cut-off Price Export house. Good financial track record. Good profit and margins.price Little bit high but give listing gain. And best for long term. Subscribe. This is my personal view. Please ask your financial advisor before investment. Thanks April 23, 2022 12:47:56 PM |
Jsr |
Apply for Listing Gain at Cut-off Price Apply April 24, 2022 2:28:03 PM |
KDKing🤴 |
Neutral Because of the Size of this SME IPO, I am neutral on this SME, also issue asking price is a little on the higher side. April 23, 2022 2:54:03 PM |
Monster Zero IPO Guru (3100+ Posts, 2800+ Likes) |
Apply for Long Term at Upper Price Band Business model seems good and past financial history seems stable even through hard times. Overall a good company, So apply. April 28, 2022 1:08:21 PM |
Ramakrishnan |
Apply for Long Term at Upper Price Band Strong financials April 26, 2022 8:01:54 AM |
SARIT |
Apply for Listing Gain at Upper Price Band Decent GMP & strong financial. April 24, 2022 9:48:38 AM |
satheesh Kumar |
Apply for Listing Gain at Cut-off Price Issue looks good.Apply for listing gain April 26, 2022 7:20:51 PM |
SHEKHAWAT T |
Avoid Financials for last 3 year April 23, 2022 6:01:16 PM |
Shravan Kumar tulsiyan |
Apply for at Very good issue April 23, 2022 5:40:45 PM |
Subject to sauda |
Apply for Listing Gain at Cut-off Price Co profit is good.....one can invest for short to long term.... April 25, 2022 5:22:33 PM |
Visamp |
Apply for Listing Gain at Upper Price Band Best to apply April 25, 2022 5:18:33 PM |
VKanna |
Neutral subject to rates keep declining, which is not stable from 16000, it came to 9000. April 27, 2022 10:04:42 AM |
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