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

Member	Review
Tenscope Management	Apply for Short Term at Lower Price Band Good ipo price band is Good August 22, 2022 3:25:12 AM
sahab IPO Guru (1100+ Posts, 600+ Likes)	Avoid avoid August 22, 2022 11:04:22 AM
Raghavendra C S	Avoid NOT APPLYING August 22, 2022 1:22:49 PM
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
MPIPO	Avoid ITS PROMOTERS IS ASHOKA METCAST WHO IS TRADING AT 60% DISCOUNT AFTER 4 YAERS August 15, 2022 2:37:30 PM
KMC SECURITIES RAJKOT	Avoid PURE NO FOR THIS SME IPO August 24, 2022 6:43:10 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

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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.