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Dilip Davda recommend to "Avoid" the IPO.
Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
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Count | 0 | 0 | 0 | 1 | 0 |
% | 0.00 | 0.00 | 0.00 | 100.00 | 0.00 |
Reviewer | Recommendation | Past Reviews |
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Dilip Davda | Avoid |
[Dilip Davda]
On merchant banker’s front, IDBI Capital has third mandate for NSE SME IPO whereas Keynote has second and looking at past track record of SME IPOs, the average performance of all listings on NSE Emerge so far is not auguring well for this IPO.
Avoid
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