February 24, 2021 - March 1, 2021

Pavna Industries IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Pavna Industries IPO.

Pavna Industries IPO Review Summary from brokers and analysts

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

Pavna Industries IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Pavna Industries IPO Review by Dilip Davda (May apply)

[Dilip Davda] It has suffered a severe setback for the first half amidst lockdown due to corona pandemic all group companies are involved in the similar trades hence accounting adjustments poses a major concern. Outlook for the auto ancillaries appears bright based on the market reports. But based on current working, the asking price is very high. Longer IPO subscription period also raises eyebrows. Hence risk savvy-cash surplus investors may consider investment at their own risks. Read detail review...

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