November 22, 2019 - November 26, 2019

CSB Bank IPO Review & Recommendations

Ajcon Global Services Ltd, ICICI Direct, Mehta Equities, NVS Wealth Ltd and Stocks & Biceps have given "Apply" recommendation to CSB Bank IPO. Dilip Davda and Investmentz Ltd have given "May Apply" recommendation to CSB Bank IPO. Capital Market recommend to "Avoid" the IPO.Axis Capital, Emkay Global, Kotak Securities and Sharekhan Limited have "Not Rated" the IPO.

CSB Bank IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	5	2	0	1	4
%	41.67	16.67	0.00	8.33	33.33

CSB Bank IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Ajcon Global Services Ltd	Apply
Axis Capital	Not Rated
Capital Market	Avoid
Dilip Davda	May Apply
Emkay Global	Not Rated
ICICI Direct	Apply
Investmentz Ltd	May Apply
Kotak Securities	Not Rated
Mehta Equities	Apply
NVS Wealth Ltd	Apply
Sharekhan Limited	Not Rated
Stocks & Biceps	Apply

CSB Bank IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for CSB Bank IPO is 43. Their analysis recommends Avoid, however active risk seekers can try for the IPO.

Reviewer	Rating Score	Rating
Capital Market	43	Avoid, however active risk seekers can try

CSB Bank IPO Review by Dilip Davda (May apply)

[Dilip Davda] Based on financial data, the issue is aggressively priced. We have witnessed well managed grey market operation even before the official price band announcements by vested interest. This may lure listing gainers/short term investors to opt for this issue. All its peers are trading at much lower P/Es currently. Aggressive IPO pricing already discounts all near term positive factors. The banking sector is on the crossroads and witnessing no fancy. Considering all these factors, cash surplus risk savvy investors may consider investment at their own risk. Read detail review...

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