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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
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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
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Member Review
B.M.SURANA
IPO Guru IPO Guru (2700+ Posts, 5300+ Likes)

Avoid

Risky hai

I Like It. 1

September 28, 2022 1:42:21 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
IPOmentorbombay

Avoid

What should you buy tata steel or steelman at the almost same price

September 24, 2022 12:23:56 PM
Top Contributor

Neutral

Good company but issue price is too high.

September 22, 2022 10:09:00 AM

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