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Dilip Davda recommend to "Avoid" the IPO.
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Dilip Davda | Avoid |
[Dilip Davda] The company operates in a highly competitive and fragmented segment with many players around. The sudden boost in its bottom line for FY23 raises eyebrows and concerns over sustainability going forward. Based on such super earnings, the issue appears fully priced. The small equity capital post-IPO indicates a longer gestation period for migration to the mainboard. There is no harm in skipping this issue. Read detail review...
Sahana System IPO Reviews, analysis and views by popular members. Read Sahana System Limited IPO reviews by retail investors to find recommended ipo to buy.
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Member | Review |
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RIZWAN AHMAD. |
Neutral . June 1, 2023 1:48:53 PM |
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