February 20, 2024 - February 22, 2024

Deem Roll Tech IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Deem Roll Tech IPO.

Deem Roll Tech 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

Deem Roll Tech IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Deem Roll Tech IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is in the manufacturing of high-quality of steel and alloy rolls that will generate high demand considering push for the infra development and expansion in steel manufacturing. Thus the company is poised for bright prospects ahead. Based on its FY24 annualized earnings, the issue appears fully priced. Small equity base post IPO indicates longer gestation period for migration to the mainboard. Investors may park moderate funds for the medium to long term rewards. Read detail review...

Deem Roll Tech IPO Peer Comparison

Deem Roll Tech 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
Deem Roll Tech Limited	11.86	11.86	58.39	11.31	15.52	2.21
Tayo Rolls Ltd.	-3.36	-3.36	-471.86	-28.43			Standalone

Notes:

The figures for Deem Roll-Tech Limited are based on the Restated Financial Statements for the period ended March 31, 2023. (Net Asset Value per Equity Share After Bonus Issue is 58.39 as of March 31, 2023)
The figures for the peer group are for the year ended March 31, 2023, and are based on their standalone financial statements filed with Stock Exchange.
Tayo Rolls Limited, is under IRP process with no business operations.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares. Net worth has been computed as the aggregate of share capital and reserves and surplus (excluding Revaluation Reserves) and as attributable to the owners of the Company.

Deem Roll Tech IPO Review by Members

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

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Deem Roll Tech IPO Review Summary by Members

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

Member	Review
Architbhai	Avoid Risky February 22, 2024 9:22:45 AM
sekar Ramaswami	May Apply for Listing Gain at Upper Price Band Good to buy February 19, 2024 7:06:10 PM

Member

Review

Architbhai

Avoid

Risky

February 22, 2024 9:22:45 AM

sekar Ramaswami

May Apply for Listing Gain at Upper Price Band

Good to buy

February 19, 2024 7:06:10 PM

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