FREE Account Opening + No Clearing Fees
November 29, 2016 - December 1, 2016

Sheela Foam IPO Review & Recommendations

, Dilip Davda and have given "Apply" recommendation to Sheela Foam IPO. has "Neutral" view about the IPO.

Sheela Foam IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 3 0 1 0 0
% 75.00 0.00 25.00 0.00 0.00

Sheela Foam IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Apply

Sheela Foam IPO Capital Market Rating

The Captial Market ( rating for Sheela Foam IPO is 39. Their analysis recommends Do not subscribe for the IPO.

Reviewer Rating Score Rating
Capital Market 39 Do not subscribe

Sheela Foam IPO Review by Dilip Davda (Apply)

[Dilip Davda]  Demonetization has taken a toll of recent IPO of Greensignal that could not garner the required quota of QIB. Even earlier IPO of Varun Beverages too received poor response than expected even when demonetization was not there. This shows shaky mind set of big ticket investors in current weaker trends of secondary as well as primary markets. As the main raw material prices have shoot up drastically in recent times, company may find it difficult to maintain the earnings shown in the recent past. Considering this and the fully pricing of the IPO, risks aver investors with surplus funds may consider investment for medium to long term. Read detail review...

Post Recommendation Manage Recommendations


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