February 2, 2024 - February 7, 2024

Italian Edibles IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Italian Edibles 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

Italian Edibles IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Italian Edibles IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is in the business of confectioneries and other food items. It posted inconsistency in its top line and a surprising boost in bottom lines from FY23 onwards. Based on annualized super earnings for FY24, the issue appears fully priced. Recent performance appears to have been cooked up. The company is operating in a highly competitive and fragmented segment. There is no harm in skipping this issue. Read detail review...

Italian Edibles IPO Peer Comparison

Italian Edibles 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
Italian Edibles Limited	2.43	2.43	62.90	27.94	24.50	1.08
Lotus Chocolate Co.ltd.	-5.42		-5.09	-36.25		-60.91
Tapi Fruit Processing Limited	-0.75		20.06	-156.33	-2.47	8.82

Notes:

The closing price for Lotus Chocolate Company Limited was taken from the BSE as of October 11, 2023.
The closing price of Tapi Fruit Processing Limited was taken from the NSE as of October 3, 2023.
The closing price for Lotus Chocolate Company Limited is considered to be the issue price, and the rest of the data is based on FY 2023 financial statements.
Considering the nature, range of products/services, turnover, and size of the business of the Company, the peer is not strictly comparable. However, the above Company has been included for broad comparison.

Italian Edibles IPO Review by Members

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

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Italian Edibles IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	2
%	0.00	0.00	0.00	100.00

Member	Review
Architbhai	Avoid risky 1 February 4, 2024 7:53:54 PM
SSingh IPO Guru (1400+ Posts, 800+ Likes)	Avoid Not at all attractive. LM has worst record. Clear avoid! February 4, 2024 5:13:26 PM

Member

Review

Architbhai

Avoid

risky

February 4, 2024 7:53:54 PM

SSingh

IPO Guru (1400+ Posts, 800+ Likes)

Avoid

Not at all attractive. LM has worst record. Clear avoid!

February 4, 2024 5:13:26 PM

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