November 30, 2023 - December 4, 2023

Net Avenue Technologies IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Net Avenue Technologies IPO.

Net Avenue Technologies IPO Review Summary from brokers and analysts

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

Net Avenue Technologies IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Net Avenue Technologies IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is D2C digital marketing platform for Indian ethnic wear and accessories. It has posted growth in its top lines for the last three fiscals, but reported inconsistency in bottom lines. Based on FY24 super annual earnings, the issue appears fully priced. Tiny paid up equity capital post-IPO indicates longer gestation for migration to the mainboard. Well informed investors may park moderate fund for the medium to long-term rewards. Read detail review...

Net Avenue Technologies IPO Peer Comparison

Net Avenue Technologies Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	Financial statements
Net Avenue Technologies Limited	2.21	18.23		84.87	Standalone
Nandini Creations	0.11	24.55	697.00	0.58	Standalone

Notes:

Based on March 31, 2023 restated financial statements.
Based on Financial Results of Peer Group Companies.
Basic and Diluted Earnings per share (EPS) is calculated on the weighted average number of shares after considering the Bonus Issue of Shares.
Price Earning (P/E) Ratio in relation to the upper end of the price band per share.

Net Avenue Technologies IPO Review by Members

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

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Net Avenue Technologies IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	1	0
%	0.00	0.00	100.00	0.00

Member	Review
B.M.SURANA IPO Guru (2600 Posts, 4800+ Likes)	Neutral Kuchh khash dum nhi hai. Risk lene wale Apply kar sakte hain. 2 December 2, 2023 3:30:36 PM

Member

Review

B.M.SURANA

IPO Guru (2600 Posts, 4800+ Likes)

Neutral

Kuchh khash dum nhi hai. Risk lene wale Apply kar sakte hain.

December 2, 2023 3:30:36 PM

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