September 15, 2021 - September 17, 2021

Prevest Denpro IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Prevest Denpro IPO. Hem Securities has "Neutral" view about the IPO.

Prevest Denpro IPO Review Summary from brokers and analysts

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

Prevest Denpro IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply
Hem Securities	Neutral

Prevest Denpro IPO Review by Dilip Davda (May apply)

[Dilip Davda] Based on its super earning in a pandemic IPO pricing appears reasonable, but also raises eyebrows for such earnings as the world economy came to standstill for few months in FY21. The sustainability of higher margins going forward raises concern. Compare with an MNC with no match appears an eyewash for investors to lure them for the investment. Risk seeker/cash surplus investors may consider an investment. Read detail review...

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