July 25, 2023 - July 27, 2023

Innovatus Entertainment Networks IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Innovatus Entertainment Networks 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

Innovatus Entertainment Networks IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Innovatus Entertainment Networks IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company operates in a highly competitive and fragmented segment with many players around. The sudden boost in its top and bottom line for FY23 raise eyebrows and concern over the sustainability going forward. Based on such super earnings, the issue appears exorbitantly priced. Tiny equity capital post-IPO indicates a longer gestation period for migration to the mainboard. There is no harm in skipping this pricey issue. Read detail review...

Innovatus Entertainment Networks IPO Review by Members

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

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Innovatus Entertainment Networks IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	2
%	0.00	0.00	0.00	100.00

Member	Review
AAA JAI (200+ Posts)	Avoid Poor Fundamentals. Promoters have disappointed investors in Magh Advtg. DD sir rated Big Avoid. July 27, 2023 10:47:27 AM
IPOmentor (200+ Posts)	Avoid Financial data not support IPO price. Also this type of sector is in downtrend. July 26, 2023 9:08:25 PM

Member

Review

AAA JAI (200+ Posts)

Avoid

Poor Fundamentals.
Promoters have disappointed investors in Magh Advtg.
DD sir rated Big Avoid.

July 27, 2023 10:47:27 AM

IPOmentor (200+ Posts)

Avoid

Financial data not support IPO price. Also this type of sector is in downtrend.

July 26, 2023 9:08:25 PM

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