March 31, 2023 - April 6, 2023

Sancode Technologies IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Sancode Technologies 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

Sancode Technologies IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Sancode Technologies IPO Review by Dilip Davda (Avoid)

[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 H1 FY23 raises eyebrows and concerns over sustainability going forward. Based on such super earnings, the issue appears fully priced, while based on its track records, it appears aggressively priced. Tiny equity capital post-IPO indicates longer gestation period for migration to the mainboard. There is no harm in skipping this pricey issue. Read detail review...

Sancode Technologies IPO Review by Members

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

Post Recommendation Manage Your IPO Reviews

Sancode Technologies IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	0
%

Member	Review
No recommendation found. Be the first to post the recommendation.

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.