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[Dilip Davda] Super profits for the first quarter of FY22 raises eyebrows, if we track the last three fiscal’s data. Such margin sustainability raises concern. Based on Q1-FY22 performance, the pricing of the IPO appears lucrative but otherwise, it's an aggressively priced issue. Perhaps the company is trying to encase the euphoria of primary market’s current mood. There is no harm in giving this pricy issue a MISS. Read detail review...
Foce India IPO Reviews, analysis and views by popular members. Read Foce India Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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