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[Dilip Davda] MGEL has nothing to do with any currently listed company with Mangalam in its name. MGEL business model is seasonal and carrying a risk of natural calamities. It carries higher inventory in relation to its total current assets that is worrisome. Following super earnings in pre-IPO and IPO year, the issue appears fully priced. Sustainability of such performance raises concern. Considering all these, cash surplus risk savvy investors may consider investment at their own risks. Read detail review...
Mangalam Global Enterprise IPO Reviews, analysis and views by popular members. Read Mangalam Global Enterprise Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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