Welcome to IPO Guide

Refex Industries Limited

CLOSED

Rights Issue · IPO Guide

RI Price
₹45
Expert Rating
Neutral

Company has good financials, as per FY20 P/E is 2.42 and RoE 42.57. Purpose of RI is to generate additional working capital. The difference between CMP and right issue price is around 12%, so we give NEUTRAL rating to this right issue. 

⚠️

Disclaimer

No financial information whatsoever published herein, should be construed as an offer to buy or sell securities, or as information to make investment decisions, or as an official confirmation of any transaction. All matter published herein is purely for educational and informational purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions.

💬 Community Discussion

50 Comments
  • I
    IPO Guru. 14 Nov 2017, 22:43
    its good company but market trend is negative so wait for some time.
  • M
    maulik patel. 14 Nov 2017, 18:27
    mas financial how is long time investment???
  • M
    maulik patel. 14 Nov 2017, 18:26
    hi ipo guru
  • S
    sunny. 19 Oct 2017, 17:04
    it's Ok bro jish
  • J
    Jish. 19 Oct 2017, 14:27
    sorry sunny bhai but is true....
  • J
    Jish. 19 Oct 2017, 14:27
    The current fall is due to bad policies of broker house like motilal oswal but this is strong enough to become a multibegger in long term. Accumulate it and sit relaxed without being panic.
  • J
    Jish. 19 Oct 2017, 14:25
    Avenue supermart (D-mart) This is just the effect motilal oswal sell report. With limited number of shares in the market, this is a trap to ask retail investors to sell, so that they can add it in their kitty...
  • S
    sunny. 19 Oct 2017, 13:55
    sorry @658 pe
  • S
    sunny. 19 Oct 2017, 13:55
    @ipo guru Mene mas ke 100 share @458 pe kharide he. kya lagta he up Jayega ya down?
  • S
    sunny. 19 Oct 2017, 13:53
    yes tarun bhai 13 hajar ka loss hua
  • I
    IPO Guru. 18 Oct 2017, 23:02
    @nishant, pls check FAQs section.
  • T
    tarun. 18 Oct 2017, 21:38
    1240 p apne buy kiya 1132, ki low mar di aj
  • T
    tarun. 18 Oct 2017, 21:37
    sunny bhai d mart 100 rs niche chla gya..kaha tha na profit le k nikal jao
  • V
    Vimal Jain. 18 Oct 2017, 18:02
    ??
  • V
    Vimal Jain. 18 Oct 2017, 18:01
    should i invest in this?
  • N
    nishant. 18 Oct 2017, 13:56
    kostak means?
  • I
    IPO Guru. 18 Oct 2017, 11:41
    book profit above 660 by selling 60% stock and keep remaining for 1-2 years.
  • J
    Jish. 18 Oct 2017, 10:48
    @raju 6700 me becha tha ya nahi?
  • S
    suresh. 18 Oct 2017, 10:15
    ipo guru mas me kya kare
  • A
    AMIT PATEL. 18 Oct 2017, 09:51
    ok
  • S
    sunny. 18 Oct 2017, 09:51
    dawn hoga pakka
  • A
    AMIT PATEL. 18 Oct 2017, 09:50
    hold ya sell
  • M
    mandip. 18 Oct 2017, 09:48
    660 open
  • R
    raju. 18 Oct 2017, 09:19
    ??????
  • P
    Prakash . 18 Oct 2017, 09:06
    @10.00
  • R
    raju. 18 Oct 2017, 09:02
    Listing time???
  • R
    raju. 18 Oct 2017, 09:02
    Market open
  • D
    darpan. 18 Oct 2017, 08:34
    next IPO : Mahindra Logistics 31 Oct to 2 November
  • S
    sunny. 18 Oct 2017, 00:52
    @ipo guru hume to mas nhi laga to kya hum isse listing pe kharid sakte he?
  • P
    parth. 18 Oct 2017, 00:02
    mass open hoga 700 up but allotted nahi hua.Indian engry ka kaya hoga vo allotted ho gaya
  • R
    raju. 17 Oct 2017, 22:30
    ok
  • J
    Jish. 17 Oct 2017, 22:30
    to le lo na bhai
  • R
    raju. 17 Oct 2017, 22:29
    now he is paying 6700
  • R
    raju. 17 Oct 2017, 22:27
    He said 6700 now
  • J
    Jish. 17 Oct 2017, 22:25
    bhai raju without risk 6900 mil rahe he to faltu me kyu jyada lalach kar rahe ho
  • R
    raju. 17 Oct 2017, 22:24
    ok anybody else?
  • R
    raju. 17 Oct 2017, 22:24
    is their is any chance due to diwali market may be high
  • J
    Jish. 17 Oct 2017, 22:24
    nothing changed
  • R
    raju. 17 Oct 2017, 22:23
    225-230 ni h kya aab gmp
  • J
    Jish. 17 Oct 2017, 22:23
    150 ka loss lelo risk to nahi rahega down jane ka
  • R
    raju. 17 Oct 2017, 22:22
    any update latest gmp
  • R
    raju. 17 Oct 2017, 22:22
    ok
  • J
    Jish. 17 Oct 2017, 22:22
    as per ipo guru 7040
  • R
    raju. 17 Oct 2017, 22:10
    expected profit kitna h
  • J
    Jish. 17 Oct 2017, 22:09
    sell
  • R
    raju. 17 Oct 2017, 21:34
    should i sell or wait for listing
  • R
    raju. 17 Oct 2017, 21:33
    reply
  • R
    raju. 17 Oct 2017, 20:58
    Should i sell mas alloted application for 6900 net now
  • R
    raju. 17 Oct 2017, 20:58
    If 6900 offer for mas allotment by my brocker should i sell now
  • R
    raju. 17 Oct 2017, 20:50
    mas

✍️ Post a Comment