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The Captial Market (CapitalMarket.com) rating for Fino Payments Bank IPO is 40. Their analysis recommends Avoid, However active risk seekers can try for the IPO.
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Capital Market | 40 | Avoid, However active risk seekers can try |
[Dilip Davda] The company is a novel technology company in the financial sector. It has established its play and enjoys a niche place. Perhaps due to such status, it is trying its maiden float with fancy pricing which is exorbitant on all counts. Though it has turned the corner for the last three quarters, its carried forward losses remain a major concern. For the last three fiscals, it has posted an average negative earnings and hence it has a negative P/E. Considering all these, risk seeker/cash surplus investors may consider investment for the long term. Read detail review...
Fino Payments Bank IPO Reviews, analysis and views by popular members. Read Fino Payments Bank Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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