Financials look fine but stock seems little overvalued.
6. Student.| Link| Bookmark|
December 10, 2022 8:58:41 AM
Top Contributor (400+ Posts, 200+ Likes)
Haven't seen Valuation/Financial Details of This IPO yet But Arihant has Majority Monopoly Market Share in JEE Mains/Advanced PYQs which Every Serious Jee Aspirant Use Disc; Maine Bhi😅
2. CoolAsh| Link| Bookmark|
December 9, 2022 11:14:23 PM
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Post issue share capital is 6.05 crores. The last year's profit is 2.05 crores. It means an EPS of 3.32/ share and PE ratio of 27.10 on post issue capital. Quite aggressive pricing.
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December 9, 2022 11:53:55 PM
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Half yearly profit till sep 2022 is 1.42 crore. So, if we annualise it then pe ratio would be close to 20 which is not that aggressive. Looks like fair valuation although not much is left on the table which is expected considering current sme fancy.
2.2. CoolAsh| Link| Bookmark|
December 10, 2022 5:06:31 AM
Top Contributor (500+ Posts, 100+ Likes)