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Dilip Davda recommend to "Avoid" the IPO.
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Dilip Davda | Avoid |
[Dilip Davda] The group has similar activities in its many subsidiaries. The parent company Cyber Media India is languishing with average performance and no dividends since 2008. This company (CMRSL) has priced its IPO very aggressively with super results for FY22. The sustainability of such performance going forward raises concern. A small equity base post IPO indicates longer gestation for migration to the main board. There is no harm in skipping this pricy issue. Read detail review...
Cyber Media Research IPO Reviews, analysis and views by popular members. Read Cyber Media Research & Services Ltd IPO reviews by retail investors to find recommended ipo to buy.
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Top Contributor |
Avoid Over priced September 23, 2022 10:55:08 AM |
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