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October 27, 2023 - November 1, 2023

Maitreya Medicare Limited IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Maitreya Medicare Limited IPO.

Maitreya Medicare Limited IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 0 1 0 0 0
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Maitreya Medicare Limited IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda May Apply

Maitreya Medicare Limited IPO Review by Dilip Davda (May apply)

[Dilip Davda]  The company is operating 125 bed hospitals with multi-speciality healthcare services. It posted declining trends in its top lines, but surprisingly reported improved bottom lines from FY23 onward i.e. in a pre-IPO period. The issue appears fully priced based on its recent financial performance which discounts all near term positives. The small post-IPO equity capital indicates longer gestation for migration to mainboard. Well-informed investors may park funds for medium to long-term rewards. Read detail review...

Maitreya Medicare Limited IPO Peer Comparison

Maitreya Medicare Limited peer comparison with similar listed entities. () (As on October 20, 2023)

Company NameEPS (Rs)NAV (per share) (Rs)P/E (x)RoNW (%)
EPS BasicEPS Diluted
Maitreya Medicare Limited7.937.9317.4245.49
Shalby Limited7.487.4835.357.30
KMC Speciality Hospitals (India) Limited1.641.6451.5323.51
Global Health Limited12.5712.5761.7613.43

Notes:

i. Source: All the financial information for listed industry peers mentioned above is sourced from the financial results of the aforesaid companies for the year ended March 31, 2023 and stock exchange data dated Sept 30, 2023 to compute the corresponding financial ratios. Current Market Price is as on 19th October, 2023. For the company, they have taken Current Market Price as the issue price of equity share. Further, P/E ratio is based on the current market price of the respective scrips.

ii. The EPS, NAV, RoNW and Total Income of our company are taken as per Restated Financial Statement for the Financial year 2022-2023.

iii. NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as on March 31, 2023.

iv. RoNW has been computed as net profit after tax divided by closing networth.

v. Net worth has been computed in the manner as specified in Regualtion 2(1) (hh) of SEBI (ICDR) Regulations, 2018.

 


Maitreya Medicare Limited IPO Review by Members

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

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Maitreya Medicare Limited IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
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Member Review
SMEmitra

Apply for Short Term at Cut-off Price

Parameter - Score (0-5)
Promotors/Sr. Management & Work Ethics - 4
Company Financials - 3.5
Segment Growth Opportunity - 4
Asking Valuation (compared with Peers) - 5
Lead Manager's past performance - 5
Consolidated Score - 4.3

It's a small IPO and will get over-subscribed, so slim possibility of getting allocation.

October 27, 2023 1:58:44 PM
Priyanka Meghwal

Apply for Listing Gain at Cut-off Price

Reasonable valuation, gud growth prospects, small size IPO with anchor..
Should apply FF

October 23, 2023 8:46:56 AM
IPO LEADER
IPO Mentor IPO Mentor (800+ Posts, 400+ Likes)

Apply for Listing Gain at Upper Price Band

Decent listing gain possible

October 22, 2023 3:41:57 PM

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