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Dilip Davda recommend to "Avoid" the IPO.
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Dilip Davda | Avoid |
[Dilip Davda] The company operates in a highly competitive and fragmented segment. The sudden boost in its bottom line for 8M of FY23 raises eyebrows and concern over sustainability going forward. Based on such super earnings, the issue appears greedily priced while based on its track records so far, the issue appears exorbitantly priced. Tiny equity capital post-IPO indicates a longer gestation period for migration to the mainboard. There is no harm in skipping this pricey issue, where transparency is missing in the offer document. Read detail review...
A G Universal IPO Reviews, analysis and views by popular members. Read A G Universal Limited IPO reviews by retail investors to find recommended ipo to buy.
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Review By | Apply | May Apply | Neutral | Avoid |
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Count | 1 | 0 | 0 | 1 |
% | 50.00 | 0.00 | 0.00 | 50.00 |
Member | Review |
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Vimal Kothari |
Avoid Small profit earning is risky for apply in this IPO April 8, 2023 4:32:28 PM |
Baron |
Apply for Listing Gain at Upper Price Band very good for listing gains at least 10 percent return dont look at gmp April 6, 2023 7:01:34 PM |
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