The IPO reports and recommendations on the IPO Home Page are
based on the Draft Prospectus filed by the company with the Securities and Exchange Board
of India (SEBI). The draft prospectus is subject to changes before the actual issue. Hence
investors are requested to kindly refer to the Offer Document before taking an investment
decision.
Investment Recommendations given in the IPO Page are based
on fundamental analysis and reflect the fundamental strengths or otherwise of the analyzed
companies. In the short to medium term the equity market is subject to its own vagaries.
Therefore the recommendations made in the IPO Analysis need not necessarily be reflective
of the potential price movement of the stock when listed on the exchange
While the Research Team has taken due care and exercised due
diligence in the collection of information and the quality control of the analysis done,
Karvy does not take any responsibility for any errors therein.
The recommendations given in the IPO Page are only meant to
give an indicative picture of the issue. Karvy is in no way responsible for any investment
decisions taken by investors, based on the information and analysis given in the IPO Page.