September 30, 2019 - October 4, 2019

Sona Hi Sona IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Sona Hi Sona IPO.

Sona Hi Sona 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

Sona Hi Sona IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Sona Hi Sona IPO Review by Dilip Davda (May apply)

[Dilip Davda] Although the issue is at par value, its financial performance is not compelling. The company is in a highly competitive business that has high volume, low margins. SHSJL has just one store and 9 employees. Investors have burnt their fingers in similar kind of issues in the past. Considering listless performance, only cash surplus, risk savvy investors may consider investing in this at par offer on their own risk. Read detail review...

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