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[Dilip Davda] The company is operating in a highly competitive and fragmented segment. It does third party contract manufacturing, which raise major concern. The sudden boost in its bottom lines from FY23 onwards appears to be a window dressing to fetch fancy valuations. This issue can be termed as “High Risk / Low Return” bet. Small post-IPO equity base indicates longer gestation period for migration. Well-informed/cash surplus investors may park moderate funds for the medium term. Read detail review...
Piotex Industries IPO Reviews, analysis and views by popular members. Read Piotex Industries Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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