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March 19, 2013 - March 21, 2013

Lakhotia Polyesters IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Lakhotia Polyesters IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Lakhotia Polyesters IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Lakhotia Polyesters IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  

On merchant banker's mandate performance part, this is the fifth issue and out of earlier four mandates only 1 has failed to give gains on debut. But considering diminishing top line, higher valuation and the entry barrier, one should avoid this issue.

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