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September 14, 2021 - September 16, 2021

Sansera Engineering IPO Review & Recommendations

BP Equities (BP Wealth), Choice Equity Broking Pvt Ltd, Dilip Davda and Marwadi Shares and Finance Ltd have given "Apply" recommendation to Sansera Engineering IPO. Axis Capital, ICICI Direct, JM Financial Institutional Securities, Kotak Securities, Religare Broking Limited and SMC Global have "Neutral" view about the IPO. Capital Market recommend to "Avoid" the IPO.

Sansera Engineering IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 4 0 6 1 0
% 36.36 0.00 54.55 9.09 0.00

Sansera Engineering IPO Analysis By Brokers/Analysts

Sansera Engineering IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Sansera Engineering IPO is 43. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer Rating Score Rating
Capital Market 43 Avoid, however active risk seekers can try

Sansera Engineering IPO Review by Dilip Davda (Apply)

[Dilip Davda]  On prima facie issue appears reasonably priced, considering its status and enjoyed preference with leading auto giants, they are poised for bright prospects ahead with good orders on hand. The original plan for an IPO of Rs. 1400 cr. with the same size of float with a NAV of Rs. 127 is now changed to IPO for Rs. 1283 cr. with a NAV of Rs. 166 plus. Thus the company has taken an investor-friendly gesture. Investors may consider investment for the medium to long term. Read detail review...

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