Hem Securities has come out with its report on FSN E-Commerce VenturesC. The research firm has recommended to ”Subscribe” the ipo in its research report as on October 26, 2021.
Broker Research
October 26, 2021 / 05:05 PM IST
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Hem Securities IPO report on FSN E-Commerce Ventures
FSN E-Commerce Ltd have a diverse portfolio of beauty, personal care and fashion products, including its owned brand products manufactured by company. Company have established itself not only as a lifestyle retail platform, but also as a consumer brand. Company offer consumers an Omnichannel experience. Company operate its businesses primarily through arrangements with beauty, personal care and fashion brands, delivery companies, manufacturers, distributors and other vendors, including suppliers of packaging material.
Valuation and Outlook
Hence, looking after scale of operations, strong management team, profitable concern & high growth prospects in industry due to large underpenetration, we believe that company has created an industry itself. Therefore, we recommend “Subscribe” on issue for listing gain as well as long term.
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Subscribe to FSN E-Commerce Ventures: Hem Securities
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