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November 22, 2023 - November 24, 2023

Gandhar Oil Refinery India IPO Review & Recommendations

Anand Rathi, BP Equities (BP Wealth), Dilip Davda, GEPL Capital Ltd, Indsec Securities, Swastika Investmart Ltd and Ventura Securities Limited have given "Apply" recommendation to Gandhar Oil Refinery India IPO. Capital Market has given "May Apply" recommendation to Gandhar Oil Refinery India IPO. Sharekhan Limited, SMC Global and Sushil Finance Ltd have "Not Rated" the IPO.

Gandhar Oil Refinery India IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 7 1 0 0 3
% 63.64 9.09 0.00 0.00 27.27

Gandhar Oil Refinery India IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Anand RathiExternal link Apply
BP Equities (BP Wealth)External link Apply
Capital MarketExternal link May Apply
Dilip Davda Apply
GEPL Capital LtdExternal link Apply
Indsec SecuritiesExternal link Apply
Sharekhan LimitedExternal link Not Rated
SMC GlobalExternal link Not Rated
Sushil Finance LtdExternal link Not Rated
Swastika Investmart LtdExternal link Apply
Ventura Securities LimitedExternal link Apply

Gandhar Oil Refinery India IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Gandhar Oil Refinery India IPO is 49. Their analysis recommends May subscribe for the IPO.

Reviewer Rating Score Rating
Capital Market 49 May subscribe

Gandhar Oil Refinery India IPO Review by Dilip Davda (Apply)

[Dilip Davda]  After dropping IPO plans in 2017, the company is now finally coming with its maiden IPO and has proven its mettle with growth in top and bottom lines for the reported periods. It has created a niche place for white oil and is among the top 5 players with renowned customers like HUL, P & G, Emami, Marico, Dabur, etc. Based on annualized FY24 earnings, the issue appears attractively priced. Investors may lap it up for medium to long term rewards. Read detail review...

Gandhar Oil Refinery India IPO Peer Comparison

Gandhar Oil Refinery India Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)

Company NameEPS (Rs)NAV (per share) (Rs)P/E (x)RoNW (%)
EPS BasicEPS Diluted
Gandhar Oil Refinery India Limited23.7723.7795.0332.28
Savita Oil Technologies Ltd32.6632.66209.7010.8416.68
Apar Industries Ltd166.64166.64584.3929.9632.28
Panama Petrochem Ltd38.5138.51157.397.9627.08
Galaxy Surfactants Ltd107.46107.46530.9724.1622.04
Privi Speciality Chemicals Ltd5.455.45213.88222.132.57
Rossari Biotech Ltd19.4619.38165.9240.7312.47
Fairchem Organics Ltd33.4133.41199.1132.7417.70

Note:

1. All the financial information for listed industry peer mentioned above is on a consolidated basis

2. P/E ratio is calculated as closing share price as on October 25, 2023, divided by the Diluted EPS for year ended March 31, 2023

3. Diluted EPS refers to the Diluted EPS sourced from the financial statements of the respective peer group companies for the year ended March 31, 2023.

4. Net asset value per Equity Share represents total equity attributable to the equity shareholders as at the end of the Financial year/ period divided by the number of Equity Shares outstanding at the end of the year/ period. Sub-division of Equity Shares are retrospectively considered for the computation of Net Asset Value per share for all periods presented.

5. RoNW is computed as consolidated profit after tax for the year/period as a percentage of average of closing net worth during that year and the previous year.


Gandhar Oil Refinery India IPO Review by Members

Gandhar Oil Refinery India IPO Reviews, analysis and views by popular members. Read Gandhar Oil Refinery (India) Limited IPO reviews by retail investors to find recommended ipo to buy.

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Gandhar Oil Refinery India IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 3 1 0 0
% 75.00 25.00 0.00 0.00
Clear Search
Member Review
Vicksa

Apply for Short Term at Cut-off Price

Cheap

November 21, 2023 2:55:15 PM
B.M.SURANA
IPO Guru IPO Guru (2600 Posts, 4800+ Likes)

May Apply for Listing Gain at Upper Price Band

5-6 ki PE mein Sasta hai.

I Like It. 2

November 19, 2023 11:16:23 PM
parmod gupta
Top Contributor Top Contributor (300+ Posts, 300+ Likes)

Apply for Long Term at Cut-off Price

This is good company
It will give good return on listing as well as long term investment

November 16, 2023 10:31:29 PM
hoxin

Apply for Short Term at Cut-off Price

i am sure this will give atleast 60% in short term approx 03 months, so apply with full force

November 16, 2023 5:07:22 AM

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