July 30, 2024 - August 1, 2024

Ashapura Logistics IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Ashapura Logistics IPO.

Ashapura Logistics IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	0	0
%	100.00	0.00	0.00	0.00	0.00

Ashapura Logistics IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Ashapura Logistics IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is an integrated logistics company providing all related services under one roof. It posted declining trends in top lines but marked growth in its bottom lines for the reported period. Based on FY24 earnings, the issue appears reasonably priced. Investors may park funds for the medium to long term. Read detail review...

Ashapura Logistics IPO Peer Comparison

Ashapura Logistics Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Basic)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Ashapura Logistics Limited	12.90	65.99		18.92		Consolidated
S J Logistics (india) Limited	8.92	64.12	50.80	10.85	7.07	Standalone
S J Logistics (india) Limited	20.03	77.36	22.62	20.18	5.86	Consolidated

Source: All the financial information for the listed industry peer mentioned above is on a consolidated and standalone basis sourced from the Annual Reports/Information of the peer company uploaded on the NSE website for the year ended March 31, 2024. Financial Information of S J Logistics (India) Limited is taken on both a standalone and consolidated basis as consolidated financial information for S J Logistics (India) Limited is available for FY 2024 and FY 2023.

Notes:

P/E Ratio for peer group has been computed based on the closing market price of equity shares on the NSE on July 19, 2024 divided by the Diluted EPS.

RoNW is computed as net profit after tax divided by the closing net worth, which has been computed as the sum of share capital, reserves, and surplus.

NAV is computed as the closing net worth divided by the closing outstanding number of equity shares adjusted for bonus and sub-division of shares.

Ashapura Logistics IPO Review by Members

Ashapura Logistics IPO Reviews, analysis and views by popular members. Read Ashapura Logistics Limited IPO reviews by retail investors to find recommended ipo to buy.

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Ashapura Logistics IPO Review Summary by Members

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