S P Apparels opens for IPO today, Is it a fair deal?
Dilip Davda (SEBI registered Research Analyst-Mumbai) in Free Press Journal said, "BRLMs’ have poor track record. However, considering the sops for the segment in which the company is engaged and has shown improved performances for past four fiscals, cash surplus investors may consider for medium to long term investment in this issue. "
The SP Apparel IPO would be one of small issue in size among the last few IPO’s that has came into the market. Photo: