August 25, 2015 - August 27, 2015

Pennar Engineered IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Pennar Engineered IPO. recommend to "Avoid" the IPO.

Pennar Engineered IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	1	0
%	0.00	50.00	0.00	50.00	0.00

Pennar Engineered IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply
	Avoid

Pennar Engineered IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Pennar Engineered IPO is 37. Their analysis recommends Do not subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	37	Do not subscribe

Pennar Engineered IPO Review by Dilip Davda (May apply)

[Dilip Davda]

Being first mover in the segment, issue is aggressively priced. Pennar group is not having any fancy among investors. Hence only risk aver investors may park moderate fund for medium to long term as this IPO being below Rs. 250 crore, will attract "T" tag in initial listing period and will keep short term players away from it.

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