August 22, 2024 - August 26, 2024

Resourceful Automobile IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Resourceful Automobile IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
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Resourceful Automobile IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Resourceful Automobile IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is operating in a highly competitive and fragmented segment of two wheeler dealership. It posted inconsistency in its financial performances for the reported periods. Based on FY24 annualized super earnings, the issue appears aggressively priced. Small equity base post-IPO indicates longer gestation for migration. There is no harm in skipping this “High Risk/Low Return” pricey bet. Read detail review...

Resourceful Automobile IPO Review by Members

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

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Resourceful Automobile IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
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