January 31, 2024 - February 2, 2024

Gabriel Pet Straps IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Gabriel Pet Straps IPO Review Summary from brokers and analysts

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

Gabriel Pet Straps IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Gabriel Pet Straps IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is in a highly competitive and fragmented segment of straps. It was a LLP firm till August 02, 2023 and got converted in to public limited company on the said date. It has posted an average financial performance so far, and based on that the issue appears exorbitantly priced. The tiny post-IPO paid-up equity capital indicates longer gestation period. There is no harm in skipping this pricey bet. Read detail review...

Gabriel Pet Straps IPO Peer Comparison

Gabriel Pet Straps 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
Gabriel Pet Straps Limited	2.81	2.81	71.26	35.94	20.83	1.42
Vera Synthetic Limited	3.69		38.77		9.51		Standalone

Notes:

The figures for Gabriel Pet Straps Limited are based on Restated Financial Statements for the year ended March 31, 2023, after taking effect of the Bonus Shares allotted on October 13, 2023.
The figures for the Peer Group are based on the Standalone Financial Statements filed for the financial year ended March 31, 2023.
CMP and P/E Ratio has been mentioned as NA as scripts of Vera Synthetic Limited has not traded in last one year from November 15, 2023.
The Issue Price determined by Gabriel Pet Straps Limited in consultation with the Lead Manager is justified by our Company in consultation with the Lead Manager on the basis of the above parameters.

Gabriel Pet Straps IPO Review by Members

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

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Gabriel Pet Straps IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	1	0	4
%	0.00	20.00	0.00	80.00

Member	Review
Jai mahakaal	May Apply for Listing Gain at Cut-off Price Rajkot company with SHRENI registrar February 2, 2024 2:15:55 PM
Share Tiger	Avoid mujhe ye janna hai bus ke ye PROSTOKS naam ki bimari kis insaan ne banayi hai or jab manage nhi hoti hai cheeze to trading account open nhi krne chahiye na .. meri life ka sabse worst decision tha jab maine PROSTOKS mai account open karwaya February 2, 2024 12:54:21 PM
m k	Avoid better alternatives available 1 February 1, 2024 11:42:17 AM
Architbhai	Avoid Risky, easy to avoid 1 February 1, 2024 10:44:41 AM

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