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September 27, 2022 - September 29, 2022

Reetech International Cargo IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Reetech International Cargo IPO.

Reetech International Cargo IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Reetech International Cargo IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda May Apply

Reetech International Cargo IPO Review by Dilip Davda (May apply)

[Dilip Davda]  RICCL has diversified in a highly competitive and fragmented segment. The sustainability of margins reported for FY22 raises concern. Based on this performance, the issue appears reasonably priced. Post-IPO small equity base indicates longer gestation for migration. Cash surplus/risk seekers may consider an investment with a long-term perspective. Read detail review...


Reetech International Cargo IPO Review by Members

Reetech International Cargo IPO Reviews, analysis and views by popular members. Read Reetech International Cargo and Courier Ltd IPO reviews by retail investors to find recommended ipo to buy.

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Reetech International Cargo IPO Review Summary by Members

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Member Review
Top Contributor

Neutral

Looks good. Too many IPOs in the queue at the same date.

September 23, 2022 10:50:23 AM

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