June 23, 2022 - June 28, 2022

Modis Navnirman IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Modis Navnirman IPO Review Summary from brokers and analysts

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Modis Navnirman IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Modis Navnirman IPO Review by Dilip Davda (Avoid)

[Dilip Davda] MNL is operating in a highly competitive and fragmented segment of real estate. Its top line has marked declining trends while net profits have seen inconsistency. The issue is priced exorbitantly on the basis of super-profits posted for FY22. The inclusion of Godrej Properties and Macrotech Developers in its listed peers raises eyebrows. There is no harm in this greedily priced bet. Read detail review...

Modis Navnirman IPO Review by Members

Modis Navnirman IPO Reviews, analysis and views by popular members. Read Modi's Navnirman Limited IPO reviews by retail investors to find recommended ipo to buy.

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Modis Navnirman IPO Review Summary by Members

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