VANSH PATEL IPO Review

Avoid

My recomondation is to avoid this FPO if you cant hold your allotted lot for over a very long term. i may be wrong but seeing currently VI is at 13 and u will sell on listing day and book 2 rupees profit.
it can be wrong, because in general corporate actions, share price always adjust. let suppose 50% have lockin shares of issue size, still billions of shares will be in circulation and they will only think to sell, who ever wants to buy, he will buy now, on listing selling pressure will be too.

Avoid

when you know company is loss making, better dont apply, rather you pray after allotment to god for +ve listing.

Avoid

I suggest dont apply in this IPO... IPO's will keep come every month, so its better dont invest in every company. Listing gain expectation is very low even in Neutral market. from now till next week many global data comming, if anything comes negative as result and market sentiment gets more worse then it will be definately list in red,
now talk about PE... PE is already same as per peers so there also i dont see any listing gain...

Apply

Apply for good handsome listing gain, also can hold for long term if you wish because IPO is comming at cheaper valuation. Expected Listing Gain 40%
And after listing few days IPO will be under pressure. So booking profit isnt bad idea.

Apply

Apply and Book Profit. It will list in premium highly expected.
you might get 15-25% on day 1
if getting 25% gain then sell shares worth 15000 and rest keep in portfolio for long term

Neutral

Apply for IPO only if you can take risks.
We have seen many companies giving 50-60% loss in past few IPO... I am here applying in this IPO with a strategy Book profit on Listing, expected 8-12% this is pretty... And in case seeing nifty at resistence currently trading at RSI 85... Market can take downtrend before listing this ipo so be prepared for 8-10% loss as well.
Main reason is behind this IPO peer companies DIXON TECH AND AMBER... so if you can hold for 5 years you can crop some grains +