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February 8, 2021 - February 10, 2021

MRP Agro IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

MRP Agro IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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MRP Agro IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

MRP Agro IPO Review by Dilip Davda (Avoid)

[Dilip Davda]   MAL is in the business of trading which is highly competitive with fragmented unorganized vendors. The issue is at a Maximized Retail Price (MRP) with higher P/E. The company has low bargaining power with customers amidst competition from local and big players and is fully dependent on suppliers for quality products. Considering all these, investors may give a “MISS” to this highly-priced offer. Read detail review...

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