September 26, 2022 - September 29, 2022

Steelman Telecom IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Steelman Telecom 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

Steelman Telecom IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Steelman Telecom IPO Review by Dilip Davda (Avoid)

[Dilip Davda] STL is operating in a highly competitive segment. Based on FY22 earnings, the issue is aggressively priced. There is no harm in skipping this pricy issue. Read detail review...

Steelman Telecom IPO Review by Members

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

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Steelman Telecom IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	1	3
%	0.00	0.00	25.00	75.00

Member	Review
Top Contributor	Neutral Good company but issue price is too high. September 22, 2022 10:09:00 AM
IPOmentorbombay	Avoid What should you buy tata steel or steelman at the almost same price September 24, 2022 12:23:56 PM
chetan ipo	Avoid 1. Introduction: Company providing services to telecom industries 2. Issue: Fresh: (10+86) * 18,97,200 = 18.21 Cr. OFS: (10+86) * 81,3,600 = 7.81 Cr. 3. Net Proceed: Investment in Subsidiary: 5 Cr. ( Subsidiary only 6 month old and wants to provide Cab service) Working Capital: 8 Cr. *General Corporate: 4.1 Cr. ( company have freedom to utilize fund anywhere max limit is 25%) 4. Average cost of acquisition by promoter: 0.12 Rs. 5. P/E weighted average of last 3 year: 30.27 September 22, 2022 9:51:23 AM
B.M.SURANA IPO Guru (2700+ Posts, 5300+ Likes)	Avoid Risky hai 1 September 28, 2022 1:42:21 PM

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