June 19, 2019 - June 21, 2019

Parshva Enterprises IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Parshva Enterprises IPO Review Summary from brokers and analysts

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

Parshva Enterprises IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Parshva Enterprises IPO Review by Dilip Davda (Avoid)

[Dilip Davda]

PEL has just 21 months working records. The issue is priced very aggressively. Merchant Banker has an average track record. PEL operates in a highly competitive segment. Its current issue size may take a longer time for migration to the main board. Considering all these aspects, investors may skip this issue.

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