August 25, 2022 - August 30, 2022

Dipna Pharmachem IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Dipna Pharmachem IPO Review Summary from brokers and analysts

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

Dipna Pharmachem IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Dipna Pharmachem IPO Review by Dilip Davda (Avoid)

[Dilip Davda] After showing dismal performances for FY20 and FY21, it marked a bumper turnover and net profits, which appears to be a window dressing in a pre-IPO year. DPL is just a trader in pharmachem. Since it is operating in a highly competitive and fragmented segment, the sustainability of such performance is a major concern. Based on such super profits also the issue is aggressively priced. There is no harm in ignoring such a pricy bet. Read detail review...

Dipna Pharmachem IPO Review by Members

Dipna Pharmachem IPO Reviews, analysis and views by popular members. Read Dipna Pharmachem Limited IPO reviews by retail investors to find recommended ipo to buy.

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Dipna Pharmachem IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	3	0	0	1
%	75.00	0.00	0.00	25.00

Member	Review
Raghavendra C S	Avoid Please don't lose your money, please follow Devda sir. if applied u can still cancel IPO. August 29, 2022 12:44:54 PM
RajaBanks	Apply for Short Term at Cut-off Price Hi to whoever came here to check if this IPO is risky or not- All IPOs are risky. Dipna might look risky but we cant overlook the fact that the company is one of the major US-FDA approved medicine exporter of India. Apart from this, such SME IPOs are mostly fulfilled by HNIs & Fund Houses of Gujarat & Maharashtra. (eg. rachna infra etc. ) A fund house always looks for profit no matter what the market direction is. Conclusion- Behti Ganga mai Hath Dho lo ap bhi :) August 24, 2022 9:55:51 AM
SahaniAlok	Apply for Listing Gain at Cut-off Price I think this IPO will open with listing gain August 25, 2022 3:24:11 PM
Tenscope Management	Apply for Listing Gain at Upper Price Band Listing gain chances full August 29, 2022 2:24:30 AM

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