June 1, 2018 - June 6, 2018

Sonam Clock IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Sonam Clock IPO.

Sonam Clock IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	0	0
%	0.00	100.00	0.00	0.00	0.00

Sonam Clock IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Sonam Clock IPO Review by Dilip Davda (May apply)

[Dilip Davda]

Although on the prima facie issue pricing appears reasonable, concern over sustainability of its super profits of first nine months of FY18 and its listed peer reporting losses for FY17 and having no trades for over two months hints at caution. Considering these cash surplus risk savvy investors may consider investment at their own risk.

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