Dilip Davda ji analysis on Mcon ipo is surprisingly very funny. It appears that he is hesistant to give positive opinion inspite of no negative points in his analysis. Negative points in his analysis are not so negative like PE of 14.71 compared to PE of 50+ for listed biggies & ipo spending of 0.7cr. His final conclusion: Only well-informed/cash surplus investors may take a risk, others can stay away. 😕😲
His final conclusion: Only well-informed/cash surplus investors may take a risk, others can stay away. 😕😲