Manipal Cards IPO is advised to be avoided due to slow growth, declining profits, and promoter share sales.
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3 IPOs. | Apply 1 & Skip 2
Sep 9, 2026
The creator reviews three IPOs: Rentozo, Manipal Cards, and Karamtara Engineering. Rentozo is recommended for listing gains due to strong revenue and profit growth. Manipal Cards and Karamtara Engineering are advised to be avoided due to slow growth, declining profits, high debt, and promoter share sales, with a suggestion to watch its peer, Sheshai. The creator also mentions an upcoming NSE IPO as a better alternative.
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