February 10, 2023 - February 15, 2023

Agarwal Float Glass India IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Agarwal Float Glass India IPO.

Agarwal Float Glass India IPO Review Summary from brokers and analysts

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

Agarwal Float Glass India IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Agarwal Float Glass India IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is in the trading business and fully dependent on third-party supply. Earnings for H1-FY23 raise eyebrows and concern over sustainability going forward. Though on the basis of FY23 earnings, the issue appears lucratively priced, on the basis of FY22 earnings, it is aggressively priced. Higher spending for the IPO process indicates funding arrangements. Thus, it can be termed a high-risk/low-return bet. Well-informed/cash surplus risk seekers may consider investing for the medium term. Read detail review...

Agarwal Float Glass India IPO Review by Members

Agarwal Float Glass India IPO Reviews, analysis and views by popular members. Read Agarwal Float Glass India Limited IPO reviews by retail investors to find recommended ipo to buy.

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Agarwal Float Glass India IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	2	0	0	4
%	33.33	0.00	0.00	66.67

Member	Review
Arjun Rajkot IPO Guru (1000+ Posts, 1900+ Likes)	Avoid Better wait for listing February 14, 2023 10:14:00 PM
IPO LEADER IPO Mentor (800+ Posts, 400+ Likes)	Avoid Avoid 1 February 6, 2023 5:05:57 PM
MRZOPE	Apply for Long Term at Upper Price Band Attractive price band February 6, 2023 11:27:13 AM
POLARSTAR	Avoid Trading company on paper only, totally scam so.. February 9, 2023 11:59:11 PM
SME Info	Apply for Long Term at Cut-off Price Cheap valuation and gud industry February 14, 2023 4:34:11 PM
SME INVESTOR (300+ Posts)	Avoid Margin is very low and a big reason to avoid as no future development seen margin in 2022 is pre-IPO decorative. 1 February 7, 2023 5:09:40 PM

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2 Comments

2. himanshu mahbubani Link|February 15, 2023 8:23:22 PM

What is real GMP.... Issue subscribe...7 times but GMP show discount

1. Ramesh Mahbubani Link|February 15, 2023 8:17:06 PM

Subscribed seven time in retail
Any idea of gmp in discount misguide to investors what's actual view kindly share