January 11, 2024 - January 15, 2024

Australian Premium Solar (India) IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Australian Premium Solar (India) IPO.

Australian Premium Solar (India) IPO Review Summary from brokers and analysts

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

Australian Premium Solar (India) IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Australian Premium Solar (India) IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is in the solar power related business and services. It marked fluctuating top lines with surging profits for the reported periods. With its FY24 super annualized earnings, the issue appears aggressively priced. It is operating in a highly competitive and fragmented segment. Well-informed investors may park funds for the long term rewards. Read detail review...

Australian Premium Solar (India) IPO Peer Comparison

Australian Premium Solar (India) Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Australian Premium Solar (India) Limited	2.29	2.29	9.95	23.58	23.05	5.43	Standalone
Zodiac Energy Limited	2.18		24.64	40.79	8.85	3.61	Standalone

Notes:

All the financial information for the listed industry peers mentioned above is on a standalone basis sourced from the Annual Reports/Information of the peer company uploaded on the BSE website for the year ended March 31, 2023.
The P/E Ratio has been computed based on the closing market price of equity shares on the BSE on March 31, 2023, divided by the Basic EPS.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.

Australian Premium Solar (India) IPO Review by Members

Australian Premium Solar (India) IPO Reviews, analysis and views by popular members. Read Australian Premium Solar (India) Limited IPO reviews by retail investors to find recommended ipo to buy.

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Australian Premium Solar (India) IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	1	0	0
%	50.00	50.00	0.00	0.00

Member	Review
B.M.SURANA IPO Guru (2600 Posts, 4800+ Likes)	May Apply for Listing Gain at Upper Price Band Good Fundamental 2 January 10, 2024 9:31:36 AM
Arun Singh TR	Apply for Listing Gain at Cut-off Price emerging sector January 6, 2024 12:33:04 PM

Member

Review

B.M.SURANA

IPO Guru (2600 Posts, 4800+ Likes)

May Apply for Listing Gain at Upper Price Band

Good Fundamental

January 10, 2024 9:31:36 AM

Arun Singh TR

Apply for Listing Gain at Cut-off Price

emerging sector

January 6, 2024 12:33:04 PM

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