December 12, 2018 - December 14, 2018

SR Dye-Chem IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to SR Dye-Chem IPO.

SR Dye-Chem 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

SR Dye-Chem IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

SR Dye-Chem IPO Review by Dilip Davda (May apply)

[Dilip Davda]

Promoters have brought in money at a premium and have not yet used reserves for free scrip. Last 15 months working has shown spectacular performance, but its sustainability is a major concern. Although issue is priced attractively, risk savvy cash surplus investors may consider investment at their own risk.

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