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The Captial Market (CapitalMarket.com) rating for Sheela Foam IPO is 39. Their analysis recommends Do Not Subscribe for the IPO.
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Capital Market | 39 | Do Not Subscribe |
[Dilip Davda] Demonetization has taken a toll of recent IPO of Greensignal that could not garner the required quota of QIB. Even earlier IPO of Varun Beverages too received poor response than expected even when demonetization was not there. This shows shaky mind set of big ticket investors in current weaker trends of secondary as well as primary markets. As the main raw material prices have shoot up drastically in recent times, company may find it difficult to maintain the earnings shown in the recent past. Considering this and the fully pricing of the IPO, risks aver investors with surplus funds may consider investment for medium to long term. Read detail review...
Sheela Foam IPO Reviews, analysis and views by popular members. Read Sheela Foam Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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No recommendation found. Be the first to post the recommendation. |
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