September 15, 2014 - September 23, 2014

Ultracab IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Ultracab IPO Review Summary from brokers and analysts

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

Ultracab IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Ultracab IPO Review by Dilip Davda (Avoid)

[Dilip Davda]

SME investment is having entry barrier at entry and trading levels and many broking houses discourage marketing, recommendation and trading or deals on SME counters. Thus SME investment carries these additional blockades.

On merchant banker’s front, in past two mandates they have given marginal listing gains and currently quoting at better yields. Considering these, risks aver investors having surplus funds can park their money for medium to long term rewards. Others can just avoid it.

(Disclaimer: Author has no plans to invest in this IPO)

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