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June 14, 2021 - June 17, 2021

Navoday Enterprises IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Navoday Enterprises IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Navoday Enterprises IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Navoday Enterprises IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  Considering its inconsistent financial track record and the highly competitive business, this highly-priced IPO may be ignored as it will take a longer duration for migration to mainboard based on its current small paid-up equity. Promoters will have around 40% holding post issue. Read detail review...

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