November 30, 2023 - December 5, 2023

Marinetrans India IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Marinetrans India 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

Marinetrans India IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Marinetrans India IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is a third party Marinetrans logistics service provider. It has posted inconsistency in its financial performances for the reported periods. Based on its FY24 annualized earnings, the issue is exorbitantly priced. There is no harm in skipping this pricey bet. Read detail review...

Marinetrans India IPO Peer Comparison

Marinetrans India Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	P/E (x)	RoNW (%)	Financial statements
Marinetrans India Limited	1.79	1.79	14.53	9.53	Consolidated
Cargosol Logistics Ltd	4.79		8.56	15.69	Consolidated
Cargotrans Maritime Ltd	5.74		12.54	18.46	Consolidated
AllCargo logistics Ltd	25.62		13.88	22.37	Consolidated
Total Transport Systems	3.47		35.66	6.77	Consolidated

Note:

Basic EPS for the year ended March 31, 2023
P/E Ratio has been taken as on 21st September, 2023.
RoNW has been taken from www.moneycontrol.com as on 31st March 2023.

Marinetrans India IPO Review by Members

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

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Marinetrans India IPO Review Summary by Members

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

Member	Review
Suryakant R	May Apply for Short Term at Cut-off Price The Logistic Industries will perform very good. December 4, 2023 2:34:59 PM
B.M.SURANA IPO Guru (2600 Posts, 4800+ Likes)	Neutral Mehnga bhi nhi hai Sasta bhi nhi hai. GMP khas activities nhi hai abhi tak. 2 December 2, 2023 3:34:43 PM

Member

Review

Suryakant R

May Apply for Short Term at Cut-off Price

The Logistic Industries will perform very good.

December 4, 2023 2:34:59 PM

B.M.SURANA

IPO Guru (2600 Posts, 4800+ Likes)

Neutral

Mehnga bhi nhi hai Sasta bhi nhi hai. GMP khas activities nhi hai abhi tak.

December 2, 2023 3:34:43 PM

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