February 28, 2023 - March 2, 2023

ResGen IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to ResGen IPO.

ResGen 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

ResGen IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

ResGen IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company started its commercial production from 2021-22 only and results for the sub-period of FY23 raise eyebrows. The sustainability of margins reported is a major concern and it is operating in a high-risk segment that also has the impact of government policies. The segment is highly competitive with many private local players around. The large equity base in the context of its current working too poses concern. Considering its aggressive pricing and the likely challenges for future prospects, well-informed/cash surplus investors may consider investing for the long-term, while others may skip. Read detail review...

ResGen IPO Review by Members

ResGen IPO Reviews, analysis and views by popular members. Read ResGen Limited IPO reviews by retail investors to find recommended ipo to buy.

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ResGen IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	0	0
%	100.00	0.00	0.00	0.00

Member	Review
ROCKETSINGH🚀🚀🚀	Apply for Short Term at Cut-off Price Good IPO March 2, 2023 1:05:25 PM

Member

Review

ROCKETSINGH🚀🚀🚀

Apply for Short Term at Cut-off Price

Good IPO

March 2, 2023 1:05:25 PM

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