February 21, 2023 - February 24, 2023

Patron Exim IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Patron Exim 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

Patron Exim IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Patron Exim IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is in trading/distribution only and has no manufacturing activities. Based on its financial track records, the issue is aggressively priced. Higher spending for the IPO indicates arranged funding. The is no harm in skipping this pricey issue. Read detail review...

Patron Exim IPO Review by Members

Patron Exim IPO Reviews, analysis and views by popular members. Read Patron Exim Limited IPO reviews by retail investors to find recommended ipo to buy.

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Patron Exim IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	1	3
%	20.00	0.00	20.00	60.00

Member	Review
FEDSEC	Neutral GMP not available. Sub2- 7000 Patron Exim- https://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_FPO.aspx?Scripcode=6057&status=L FIIs applied- 21,44,000 Most likely Nomura EMEA. ***This is not a review. February 23, 2023 4:51:14 PM
CAhsBlr	Avoid Avoid February 22, 2023 9:19:10 AM
Vimal Kothari	Avoid Poor Financials February 17, 2023 7:49:42 PM
RajaBanks	Apply for Short Term at Cut-off Price Financials look okayish. The group of companies has predominantly existed profitably in the Medical/Drugs business for the past 2 decades, this one will also survive. The P/E ratio looks attractive considering the nature of business and its competitors. Will risk applying 1-2 lots, hopefully this one will turn up like Rachna Infra too. A fact worth noticing, since 1st Jan there hasn't been an IPO which has given negative listing, ig SEBI has really put some pressure in LMs and MBs after all. 5 February 7, 2023 1:40:37 PM
SSingh IPO Guru (1400+ Posts, 800 Likes)	Avoid Not impressive and wealth destoyer LM. A clear AVOID!!! 2 February 6, 2023 10:03:42 PM

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2 Comments

2. tafaror Link|February 23, 2023 2:43:40 PM

Rachna infra was also having a similar problem- slow subscription and it was undersubscribed till day 3. Then on Day 4, there was a splurge of big applications to subscribe the IPO. After listing the stock made new highs and all the one shot applicants exited in profit.

Considering the same LM, i guess we have good chances to see that again.

@experts ?

1. Amit Paliwal Link|February 12, 2023 3:21:08 AM

Just 09 Employee