April 7, 2021 - April 9, 2021

Lodha Developers IPO Review & Recommendations

Ajcon Global Services Ltd, Arun Kejriwal and Reliance Securities have given "Apply" recommendation to Lodha Developers IPO. Choice Equity Broking Pvt Ltd, Dilip Davda and Hem Securities have given "May Apply" recommendation to Lodha Developers IPO. SMC Global has "Neutral" view about the IPO. Capital Market recommend to "Avoid" the IPO.Axis Capital, ICICI Direct, Religare Broking Limited and Ventura Securities Limited have "Not Rated" the IPO.

Lodha Developers IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	3	3	1	1	4
%	25.00	25.00	8.33	8.33	33.33

Lodha Developers IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Ajcon Global Services Ltd	Apply
Arun Kejriwal	Apply
Axis Capital	Not Rated
Capital Market	Avoid
Choice Equity Broking Pvt Ltd	May Apply
Dilip Davda	May Apply
Hem Securities	May Apply
ICICI Direct	Not Rated
Reliance Securities	Apply
Religare Broking Limited	Not Rated
SMC Global	Neutral
Ventura Securities Limited	Not Rated

Lodha Developers IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Lodha Developers IPO is 38. Their analysis recommends Do not subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	38	Do not subscribe

Lodha Developers IPO Review by Dilip Davda (May apply)

[Dilip Davda] Based on its last three offer documents comparisons, latest financial data and rising scare following recurrence of pandemic, immediate future appears gloomy. The issue is priced at a negative P/E based on FY21-9M workings. Though IPO pricing appears lucrative, based on its current working and likely impact of continued corona scare in near term, its Ã¢â‚¬Å“High Risk-Low ReturnÃ¢â‚¬Â proposal. Considering all these, cash surplus - risk savvy investors may consider investment at their own risks in this IPO having negative P/E. Read detail review...

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