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May 20, 2022 - June 2, 2022

Rachana Infrastructure IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Rachana Infrastructure IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Rachana Infrastructure IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Rachana Infrastructure IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  RIL is operating in a highly competitive and fragmented segment. Its financial data is not in line with the asking price. Based on its latest financial performance, the issue is exorbitantly priced. There is no harm in skipping this pricy bet. Read detail review...


Rachana Infrastructure IPO Review by Members

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

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Rachana Infrastructure IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
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Member Review
IPONEED
IPO Guru IPO Guru (2000+ Posts, 1000+ Likes)

Avoid

Stay Away from this IPO
Its looting

May 17, 2022 1:59:47 PM
IProfitO
Top Contributor Top Contributor (200+ Posts, 100+ Likes)

Avoid

The LM is a fraud and scam just looting public money.even the price is reduced to 80 percent still because of this shameless LM this should be big avoid.Global long life and Bhatia Color was handled by this LM and these are the only 2 handled in last 2 month .

May 17, 2022 9:55:14 PM
Smile✍️
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)

Avoid

Assets revenue trend is not showing linear growth, PAT also on down scale, surprisingly in yr ending mar 21, 455 cr is good, but before and after that aren't satisfactory. Not only fresh, this combines OFS mean investors money is going to promoters bag, so clear avoid as per me.

May 17, 2022 6:33:34 PM
svh
IPO Guru IPO Guru (2300+ Posts, 3600+ Likes)

Avoid

Clear cut avoid due to scam master LM ( Bhatia color 50% discount listing ) and insane issue price.

May 24, 2022 10:49:51 PM
Trueinfo
IPO Guru IPO Guru (1800+ Posts, 1700+ Likes)

Avoid

Poor fundamental, very high price

May 23, 2022 11:20:53 AM
VKanna

Avoid

scam

May 18, 2022 11:01:11 AM

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