S A Tech NSE SME IPO review (May apply)

  Review By Dilip Davda on July 24, 2024 •    It is an AI-driven IT consulting company having association with US based company. •    Based on its financial performance till FY23, it fared averagely. •    Based on FY25 super annualized earnings, the issue appears lucratively priced. •    Well-informed investors may park…

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Trom Ind. NSE SME IPO review (Apply)

Review By Dilip Davda on July 24, 2024 •    The company is a solar EPC company with a proven track records. •    It operates on an asset lite model, which gives an edge against other players. •    Based on FY24 super earnings, the issue appears reasonably priced.  •    According to the…

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Aprameya Engg NSE SME IPO review (Avoid)

Review By Dilip Davda on July 24, 2024 •    The company is engaged in a highly competitive and fragmented segment. •    It posted drastic fall in its top and bottom lines for the reported periods. •    The issue appears exorbitantly priced based on its FY24 performance. •    There is no harm…

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Chetana Education NSE SME IPO review (May apply)

Review By Dilip Davda on July 19, 2024 •    The company is engaged in educational book publishing and educational software. •    It posted growth in its top and bottom lines for the reported periods.  •    It is operating in a highly competitive and fragmented segment. •    Based on FY24 super earnings,…

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Manglam Infra NSE SME IPO review (Apply)

Review By Dilip Davda on July 19, 2024 •    The company is engaged in consultancy business for infrastructure projects. •    While it has completed 127 projects, it has 45 ongoing projects. •    As of May 31, 2024, it had order book of Rs. 78.91 cr.  •    It marked steady growth in…

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V L Infra NSE SME IPO review (Apply)

Review By Dilip Davda on July 17, 2024 •    The company that has prime focus on water supply related works, is adding irrigation, building constructions and road constructions activities to stream line its income. •    The company posted bumper top and bottom lines with rising infra activities in the related segments. •  …

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