[Dilip Davda] The company is operating in a highly competitive and fragmented segment. The sustainability of super earnings for H1-FY22 raises concern as the price is based on this performance for the IPO year. Tiny paid-up equity post-IPO also indicates longer gestation for migration to the mainboard. Considering all these, there is no harm in ignoring this IPO. Read detail review...

SP Refractories IPO Review by Members

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SP Refractories IPO Review by Dilip Davda (Avoid)

SP Refractories IPO Review by Members

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