August 12, 2021 - August 17, 2021

DU Digital Technologies IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

DU Digital Technologies 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

DU Digital Technologies IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

DU Digital Technologies IPO Review by Dilip Davda (Avoid)

[Dilip Davda] While the company has suffered severe setbacks for FY21 after marking declining trends in the top and bottom lines for the previous two years, it is pricing its IPO exorbitantly above 154 P/E. Post-IPO its equity will be just around 2.60 cr. indicating a pretty long time for migration to the mainboard. There is no harm in giving this issue a 'MISS' Read detail review...

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