Three IPOs tomorrow will you buy?

1.UTI AMC IPO: One of the largest asset management company in India. The management fees from domestic mutual funds account for 72.7% of the total income of the company. The price range of the IPO set to Rs 552.00 – 554.00 per share with lot size 27 shares.

According to our analysis, one can avoid this as of now or can apply very small qty.

2.Mazagon Dock Shipbuilders:

A defence public sector undertaking shipyard that falls under the Department of Defense Production, MoD.  The only public sector defence shipyard is constructing conventional submarines. The price range of the IPO set to Rs 135.00 – 145.00 per share with lot size 103 shares.

As per our opinion, one should apply for this IPO.

3.Likhita Infrastructure: This is an oil & gas pipeline infrastructure company. The company presence in a quite wise manner to only with 22 years of experience in the business. The price range of the IPO set to Rs 117 – 120 per share with lot size 125 shares.

As per our research investors should apply a small quantity of this IPO.

Disclaimer: The views and investment tips expressed by investment experts on Stocktradingfno.com are for educational purposes only. Before taking any investment decisions, consult with your financial advisors.