September 25, 2014 - September 30, 2014

Momai Apparels IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Momai Apparels IPO.

Momai Apparels IPO Review Summary from brokers and analysts

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

Momai Apparels IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Momai Apparels IPO Review by Dilip Davda (Apply)

[Dilip Davda]

On merchant banker’s front, this is the fourth issue out of six IPOs in public domain and based on the track record, it appears, Pantomath is the sincere player in SME segment with projects having fundamentals. This merchant banker is not only first in bringing SME IPOs for both BSE and NSE, but is also taking lead in promoting SME sector with many initiatives in this regards.

Despite entry barriers of SME IPOs pre and post mode basis and poor support from primary market operators, long term investors should grab it as it is another mini Page Industries in the offing.

(Disclaimer: Author has no plans to invest in this IPO)

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