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Dilip Davda recommend to "Avoid" the IPO.
Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
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Count | 0 | 0 | 0 | 1 | 0 |
% | 0.00 | 0.00 | 0.00 | 100.00 | 0.00 |
Reviewer | Recommendation | Past Reviews |
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Dilip Davda | Avoid |
[Dilip Davda]
The issue is exorbitantly priced. It has just one showroom for its core business 9 employees. It is now planning partnership in non-related business of readymade garments. Financial data is non-encouraging. As on 31.12.18, it had a total strength of 9 employees including management. There is no harm in giving this issue a miss
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