November 15, 2019 - November 20, 2019

Mangalam Global IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Mangalam Global IPO.

Mangalam Global 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

Mangalam Global IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Mangalam Global IPO Review by Dilip Davda (May apply)

[Dilip Davda] MGEL has nothing to do with any currently listed company with Mangalam in its name. MGEL business model is seasonal and carrying a risk of natural calamities. It carries higher inventory in relation to its total current assets that is worrisome. Following super earnings in pre-IPO and IPO year, the issue appears fully priced. Sustainability of such performance raises concern. Considering all these, cash surplus risk savvy investors may consider investment at their own risks. Read detail review...

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