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August 22, 2022 - August 25, 2022

Rhetan TMT IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Rhetan TMT 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

Rhetan TMT IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Rhetan TMT IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  Though the company’s top line shows growth, the sudden boost in margins for FY22 raises eyebrows. The segment is highly competitive and fragmented. Two listed group companies have not fared up to the mark. The issue is priced aggressively and hence there is no harm in giving it a miss. Read detail review...


Rhetan TMT IPO Review by Members

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

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Rhetan TMT IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 1 0 0 7
% 12.50 0.00 0.00 87.50
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Member Review
KMC SECURITIES RAJKOT

Avoid

PURE NO FOR THIS SME IPO

August 24, 2022 6:43:10 PM
Raghavendra C S

Avoid

NOT APPLYING

August 22, 2022 1:22:49 PM
sahab
IPO Guru IPO Guru (1100+ Posts, 600+ Likes)

Avoid

avoid

August 22, 2022 11:04:22 AM
Tenscope Management

Apply for Short Term at Lower Price Band

Good ipo price band is Good

August 22, 2022 3:25:12 AM
Mr. C

Avoid

These promoter earlier came up with Ashoka met cast during 2018-2019, which is utterflop and investors lost alot of money. Again they are coming with ipo in the name of this company to loot public money. Just avoid.

August 19, 2022 12:09:56 PM
Focus SME (400+ Posts)

Avoid

Rhetan TMT SME IPO. Asking for close to 149 Cr Market Cap for super earning (either window dressed or due to cycle) of 2.35 Cr translating into 63PE. Promoted by Ashoka Metcast (wealth destroyer) & Shalin Shah (also promoter of Ashoka Metcast). I won't be surprised even if it trades at 80-90% discount shortly. Not even wasting more time here.

August 17, 2022 9:37:12 PM
Deepak Kalariya

Avoid

Serch promoter company AML

August 15, 2022 2:50:43 PM
MPIPO

Avoid

ITS PROMOTERS IS ASHOKA METCAST WHO IS TRADING AT 60% DISCOUNT AFTER 4 YAERS

August 15, 2022 2:37:30 PM

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1 Comments

1. SK Jain     Link|September 8, 2022 5:30:29 PM
Lower Circuit on share price with effect from the very first day of listing.Is this an ideal case of cheating investers after offering share on higher price incomperision to actual share price & selling continuously by unknown person (s)till reaching to its actual price/valuation and after that again accumalation after looting of investers money.