November 22, 2023 - November 24, 2023

Rockingdeals Circular Economy IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Rockingdeals Circular Economy IPO Review Summary from brokers and analysts

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

Rockingdeals Circular Economy IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Rockingdeals Circular Economy IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is in highly competitive business of re-commerce of excess inventories on a B2B model. While its top line remained static, boosted bottom line raises eyebrows and concern over its sustainability going forward. Based on FY24 annualized super earnings, the issue appears aggressively price. There is no harm in skipping this pricey bet. Read detail review...

Rockingdeals Circular Economy IPO Review by Members

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

Post Recommendation Manage Your IPO Reviews

Rockingdeals Circular Economy IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	1
%	0.00	0.00	0.00	100.00

Member	Review
SMEmitra	Avoid Parameter - Score (0-5) Promotors/Sr. Management & Work Ethics - 3 Company Financials - 2 Segment Growth Opportunity - 3 Asking Valuation (compared with Peers) - 2 Lead Manager's past performance - 5 Consolidated Score - 2.9 This deal doesn't seem to be rocking to us. November 20, 2023 4:21:02 PM

Member

Review

SMEmitra

Avoid

Parameter - Score (0-5)
Promotors/Sr. Management & Work Ethics - 3
Company Financials - 2
Segment Growth Opportunity - 3
Asking Valuation (compared with Peers) - 2
Lead Manager's past performance - 5
Consolidated Score - 2.9

This deal doesn't seem to be rocking to us.

November 20, 2023 4:21:02 PM

Post Recommendation Manage Recommendations

Note:

The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
We reserve the right to remove any objectionable post without providing a reason.