March 17, 2021 - March 19, 2021

Suryoday Small Finance Bank IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Suryoday Small Finance Bank IPO. Capital Market recommend to "Avoid" the IPO.Axis Capital has "Not Rated" the IPO.

Suryoday Small Finance Bank IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	1	0	1	1
%	0.00	33.33	0.00	33.33	33.33

Suryoday Small Finance Bank IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Not Rated
Capital Market	Avoid
Dilip Davda	May Apply

Suryoday Small Finance Bank IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Suryoday Small Finance Bank IPO is 44. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	44	Avoid, however active risk seekers can try

Suryoday Small Finance Bank IPO Review by Dilip Davda (May apply)

[Dilip Davda] Except for FY21-9M, SSFBL posted growth in its top and bottom lines. Due to the pandemic scare, it suffered a set back for the first nine months working for the current fiscal. However, management is confident of speedy recovery going forward. Considering aggressive pricing, cash surplus-risk savvy investors may consider investment at their own risks. Read detail review...

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