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Dilip Davda has given "May Apply" recommendation to GKP Printing IPO. Miscellaneous has "Not Rated" the IPO.
Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
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Count | 0 | 1 | 0 | 0 | 1 |
% | 0.00 | 50.00 | 0.00 | 0.00 | 50.00 |
Reviewer | Recommendation | Past Reviews |
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Dilip Davda | May Apply | |
Miscellaneous | Not Rated |
[Dilip Davda]
Although GKP has posted growth in top and bottom lines for the past three years plus financial performance, the sudden jump in the top and bottom line raises concern. It is issuing shares at the same price based on pre-IPO placements. Printing and packaging industry is poised for better prospects ahead. Considering these aspects, risk savvy cash surplus investors may consider investment for long term at their own risk.
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