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September 30, 2022 - October 4, 2022

Vedant Asset IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Vedant Asset IPO Review Summary from brokers and analysts

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Vedant Asset IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Vedant Asset IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  VAL is providing services as a Corporate Business Correspondent in rural and semi-rural areas. Its financial performance so far has been at a minuscule level. Its future prospects hinge on the success of mATMs initiatives. Based on FY22 earnings, the issue is exorbitantly priced. Low paid-up equity capital post-IPO hints at longer gestation for migration. There is no harm in skipping this pricy IPO. Read detail review...


Vedant Asset IPO Review by Members

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

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Vedant Asset IPO Review Summary by Members

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Member Review
Varun Rastogi

Apply for Long Term at Lower Price Band

Vedant Asset is a Zero Debt company. It has a diversified class of business mainly targeting rural parts of India. In recent times the company has involved itself in Insurance and Digital Payments business, which through its deep rooted rural reach is a bright thing to come in future. The company through its long expertise is all set to develop a promising business which will surely make a difference the way financial market operates. I recommend it a Go for Sure listing.

September 30, 2022 6:21:52 PM

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3 Comments

3. Abhinav Prakash     Link|September 30, 2022 6:02:33 PM
This is the IPO, I was looking for. A company connecting rural India is sure to make huge profit.
2. Ayush Bora     Link|September 30, 2022 6:01:05 PM
Financials looks hopeful. Its a first from SME segment from Jharkhand. Lets see
1. RahulDas     Link|September 22, 2022 11:20:53 AM
Looks good financials. Waiting for price band and issue dates.