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Dilip Davda has given "May Apply" recommendation to Mangalam Worldwide IPO.
Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
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% | 0.00 | 100.00 | 0.00 | 0.00 | 0.00 |
Reviewer | Recommendation | Past Reviews |
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Dilip Davda | May Apply |
[Dilip Davda] MWL has posted average performance with steady growth till FY21. Its super earnings in FY22 i.e. pre-IPO year raises eyebrows as well as the concern over sustainability. The surge in commodity prices may not last for long and will have a cascading impact on this company’s performance. Based on the super earnings of FY22, the IPO is priced greedily. Risk seekers/cash surplus investors may consider investment with a long term perspective. Read detail review...
Mangalam Worldwide IPO Reviews, analysis and views by popular members. Read Mangalam Worldwide Limited IPO reviews by retail investors to find recommended ipo to buy.
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Review By | Apply | May Apply | Neutral | Avoid |
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Count | 1 | 0 | 1 | 0 |
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Member | Review |
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IPO Lover Rjkt |
Apply for Short Term at Cut-off Price Net worth, revenue and profit looks good June 28, 2022 11:09:18 PM |
OneSevenSevenOne |
Neutral Business is good. Inorganic growth is unusual for a SME company. Bottomline is unstable and the profit from investments on sale of group company sale is a little concerning. A pure long term play. June 26, 2022 1:51:56 PM |
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