March 12, 2018 - March 14, 2018

Macpower CNC Machines IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Macpower CNC Machines IPO.

Macpower CNC Machines 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

Macpower CNC Machines IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Macpower CNC Machines IPO Review by Dilip Davda (May apply)

[Dilip Davda]

Company that has static top line with marginally improving bottom line, but sudden jump in top and bottom line for the first half is really a surprising one (may be cooked up ahead of IPO). Equity is rising from Rs. 0.60 crore to Rs. 9.81 crore and raises concern. Investors may consider investment on their own risk .

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