October 22, 2020 - October 26, 2020

Shine Fashions IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Shine Fashions 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

Shine Fashions IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Shine Fashions IPO Review by Dilip Davda (Avoid)

[Dilip Davda] Non-impressive financial performance, minuscule working data (just for 9 month's) and the tiny equity raise concern. The issue is exorbitantly priced considering negative earnings for the two months of the ongoing fiscal. Investors may keep away from this company which is coming with a fully structured model of issue. Due to the structured model, the issue is likely to sail through. Read detail review...

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.