February 8, 2021 - February 10, 2021

MRP Agro IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

MRP Agro IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	0	0	1	0
%	0.00	0.00	0.00	100.00	0.00

MRP Agro IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

MRP Agro IPO Review by Dilip Davda (Avoid)

[Dilip Davda] MAL is in the business of trading which is highly competitive with fragmented unorganized vendors. The issue is at a Maximized Retail Price (MRP) with higher P/E. The company has low bargaining power with customers amidst competition from local and big players and is fully dependent on suppliers for quality products. Considering all these, investors may give a â€œMISSâ€ to this highly-priced offer. Read detail review...

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