September 16, 2021 - September 20, 2021

SBL Infratech Limited IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

SBL Infratech Limited 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

SBL Infratech Limited IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

SBL Infratech Limited IPO Review by Dilip Davda (Avoid)

[Dilip Davda] A company with lacklustre financial data operating in a highly competitive and fragmented market. Its issue announcement itself lacked on transparency on the IPO pricing part. Please refer to Preface for this aspect. Based on its financial data and other parameters, the issue is exorbitantly priced. Just avoid this issue as it will have just Rs. 0.81 cr. paid up equity post IPO, indicating at pretty long duration for migration to mainboard. Read detail review...

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