September 30, 2020 - October 9, 2020

Veer Global Infraconstruction IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.Miscellaneous has "Not Rated" the IPO.

Veer Global Infraconstruction IPO Review Summary from brokers and analysts

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

Veer Global Infraconstruction IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid
Miscellaneous	Not Rated

Veer Global Infraconstruction IPO Review by Dilip Davda (Avoid)

[Dilip Davda] VGIL has posted average performance with the inconsistent top line. Based on P/E parameters, the issue is exorbitantly priced. This segment is currently witnessing subdued demand and slowdown due to COVID-19 pandemic. There is no harm in giving this IPO a "MISS". Read detail review...

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