April 18, 2023 - April 21, 2023

Quicktouch Technologies IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Quicktouch Technologies IPO.

Quicktouch Technologies IPO Review Summary from brokers and analysts

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

Quicktouch Technologies IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Quicktouch Technologies IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company operates in a highly competitive and fragmented segment with many big players around. The sudden boost in its bottom line for 7M FY23 raises eyebrows and concerns over sustainability going forward. Based on such super earnings, the issue appears lucratively priced while based on its track records so far, the issue appears fully priced. Tiny equity capital post-IPO indicates a longer gestation period for migration to the mainboard. Well-informed/risk takers may consider investment for the medium to long-term rewards. Read detail review...

Quicktouch Technologies IPO Review by Members

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

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Quicktouch Technologies IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	0	1
%	50.00	0.00	0.00	50.00

Member	Review
Advik rastogi	Avoid On February 18, 2019, Mr. Gaurav Jindal, Promoter and Director of the Company booked and arrested as accused under Section 69 of CGST Act 2017 for violation of Section 132, 7, 16(2), 31, 32, 35, 37,38 and 39 of the CGST Act 2017. It was alleged that Mr. Gaurav Jindal, while acting as one of the Director of M/s. GJA Industries Limited (now name changed to M/s. Whitecliff Industries Limited) and few other companies has violated the provisions of Section 132 of CGST Act 2017 to the tune rs 8.85 cr April 18, 2023 9:17:29 PM
JK Fin Adv	Apply for Listing Gain at Cut-off Price Looks reasonably prices considering its financials April 18, 2023 5:39:53 PM

Member

Review

Advik rastogi

Avoid

On February 18, 2019, Mr. Gaurav Jindal, Promoter and Director of the Company booked and arrested as
accused under Section 69 of CGST Act 2017 for violation of Section 132, 7, 16(2), 31, 32, 35, 37,38 and 39 of
the CGST Act 2017. It was alleged that Mr. Gaurav Jindal, while acting as one of the Director of M/s. GJA
Industries Limited (now name changed to M/s. Whitecliff Industries Limited) and few other companies has
violated the provisions of Section 132 of CGST Act 2017 to the tune rs 8.85 cr

April 18, 2023 9:17:29 PM

JK Fin Adv

Apply for Listing Gain at Cut-off Price

Looks reasonably prices considering its financials

April 18, 2023 5:39:53 PM

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