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The Captial Market (CapitalMarket.com) rating for Macrotech Developers IPO is 38. Their analysis recommends Do Not Subscribe for the IPO.
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Capital Market | 38 | Do Not Subscribe |
[Dilip Davda] Based on its last three offer documents comparisons, latest financial data and rising scare following recurrence of pandemic, immediate future appears gloomy. The issue is priced at a negative P/E based on FY21-9M workings. Though IPO pricing appears lucrative, based on its current working and likely impact of continued corona scare in near term, its “High Risk-Low Return†proposal. Considering all these, cash surplus - risk savvy investors may consider investment at their own risks in this IPO having negative P/E. Read detail review...
Macrotech Developers IPO Reviews, analysis and views by popular members. Read Macrotech Developers Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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