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March 9, 2022 - March 11, 2022

SP Refractories IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

SP Refractories IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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SP Refractories IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

SP Refractories IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  The company is operating in a highly competitive and fragmented segment. The sustainability of super earnings for H1-FY22 raises concern as the price is based on this performance for the IPO year. Tiny paid-up equity post-IPO also indicates longer gestation for migration to the mainboard. Considering all these, there is no harm in ignoring this IPO. Read detail review...


SP Refractories IPO Review by Members

SP Refractories IPO Reviews, analysis and views by popular members. Read SP Refractories Limited IPO reviews by retail investors to find recommended ipo to buy.

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SP Refractories IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
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