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June 29, 2022 - July 8, 2022

Veerkrupa Jewellers IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Veerkrupa Jewellers IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Veerkrupa Jewellers IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Veerkrupa Jewellers IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  The company has only two showrooms and for the last three fiscals, it has posted minuscule profits. Based on super profits of 9M-FY22, the issue is highly-priced expressing the greed of the promoters. There is no harm in skipping this exorbitantly priced IPO. Read detail review...


Veerkrupa Jewellers IPO Review by Members

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

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Veerkrupa Jewellers IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 2 0 1 2
% 40.00 0.00 20.00 40.00
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Member Review
DarshanJain

Apply for Listing Gain at Cut-off Price

Company is Debt Free and past performance of the company is also nice.

June 25, 2022 1:28:26 PM
IPO Lover Rjkt

Neutral

Profit is only 1Lakh in 20-21

June 29, 2022 1:59:08 PM
OneSevenSevenOne

Avoid

One of the most expensive issues ever seen. Who gives such huge loads of money for two shops of Jewellery? LM has quite a record of Jewellery sector issues but most of jewel sector shares are below issue prices. Beware.

June 26, 2022 1:54:48 PM
RajaBanks

Apply for Short Term at Cut-off Price

Applied for 1 Lot just because of this ZEE News article- https://zeenews.india.com/india/veerkrupa-jewellers-ipo-dates-out-gmp-7-price-27-and-other-details-you-must-know-2476721.html

Plus the subscription figures in the retail segment look better than the IPOs opened this week. Can be a gamble since it's a fairly small sized issue and run in only one direction but seems to be a healthy gamble like Rachna Infrastructure IPO.

June 30, 2022 11:59:38 PM
Smile✍️
IPO Guru IPO Guru (1500+ Posts, 800+ Likes)

Avoid

No need to give reason but how exchange permit such issues... God knows.

June 22, 2022 9:14:49 PM

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