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September 30, 2013 - October 7, 2013

Subh Tex India IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Subh Tex India IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Subh Tex India IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Subh Tex India IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  Stay Away. The asking price on fully diluted equity is at a P/E of 500 and thus even at par offer with entry barrier is not worth. As this is being the first IPO from Basan Financial from Hyderabad we have no track records. Read detail review...

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