January 25, 2021 - January 28, 2021

Stove Kraft IPO Review & Recommendations

Dilip Davda and Hem Securities have given "May Apply" recommendation to Stove Kraft IPO. Capital Market recommend to "Avoid" the IPO.Axis Capital has "Not Rated" the IPO.

Stove Kraft IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	0	2	0	1	1
%	0.00	50.00	0.00	25.00	25.00

Stove Kraft IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Axis Capital	Not Rated
Capital Market	Avoid
Dilip Davda	May Apply
Hem Securities	May Apply

Stove Kraft IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Stove Kraft IPO is 38. Their analysis recommends Do not subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	38	Do not subscribe

Stove Kraft IPO Review by Dilip Davda (May apply)

[Dilip Davda] If we consider H1 FY 21 (IPO year) super earnings, the issue appears fully priced. Sustainability of such performance going forward is a major concern. If we consider FY20 performance, the issue is priced aggressively. Due to losses for FY18, it had opted for higher QIB portion in IPO. Perhaps the company has hurried for its IPO plan to encase boom in the secondary market. Considering all these, cash surplus, risk savvy investors may consider investment at their own risk. Read detail review...

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