September 4, 2023 - September 6, 2023

Ratnaveer Precision Engineering IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Ratnaveer Precision Engineering IPO. Capital Market recommend to "Avoid" the IPO.

Ratnaveer Precision Engineering IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	1	0	0	1	0
%	50.00	0.00	0.00	50.00	0.00

Ratnaveer Precision Engineering IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Capital Market	Avoid
Dilip Davda	Apply

Ratnaveer Precision Engineering IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Ratnaveer Precision Engineering IPO is 38. Their analysis recommends Do not subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	38	Do not subscribe

Ratnaveer Precision Engineering IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is making strides in SS products with a high-margin portfolio. It has posted growth in its top and bottom lines for the reported periods. Based on FY23 earnings, the issue appears fully priced. Investors may consider parking funds for the medium to long-term rewards. Read detail review...

Ratnaveer Precision Engineering IPO Peer Comparison

Ratnaveer Precision Engineering Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Ratnaveer Precision Engineering Limited	7.26	7.26	30.74		29.12
M.M. Forgings Limited	52.02	52.02	285.31	20.26	18.23
Menon Bearings Limited	5.84	5.84	23.79	23.07	24.47
Venus Pipes & Tubes Limited	22.60	22.60	158.75	59.93	9.83

Notes:

All the financial information for listed industry peers mentioned above is on a consolidated/Consolidated basis as available sourced from the Financial Reports of the peer company uploaded on the BSE website for the year ended March 31, 2023.
P/E Ratio has been computed based on the closing market price of equity shares on the BSE website on August 8, 2023, divided by the Diluted EPS.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital and reserves and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.

Ratnaveer Precision Engineering IPO Review by Members

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

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Ratnaveer Precision Engineering IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	4	0	2	0
%	66.67	0.00	33.33	0.00

Member	Review
Crow IPO Mentor (700+ Posts, 900+ Likes)	Apply for Listing Gain at Cut-off Price Ignoring Capital Market's 39 rating this time will help. Thanks. September 6, 2023 1:39:33 PM
KHL	Apply for Long Term at Upper Price Band Invest for long term and listing gain both, which ever way you want to go. September 3, 2023 9:03:17 AM
B.M.SURANA IPO Guru (2600 Posts, 4800+ Likes)	Neutral Risk lene Wale Apply kar sakte hai. Small Profit yaa Small Loss. 3 September 2, 2023 7:25:29 AM
IPOTraders IPO Mentor (700+ Posts, 300+ Likes)	Apply for Listing Gain at Cut-off Price Ok ok. Revienue and profit growing. Red flags 1. Low profit margin 2. High debt equity ratio Expect 25-35 % listing gain September 1, 2023 6:02:50 PM
V	Neutral No subscription detail? September 1, 2023 12:33:19 PM
PHARROAD WALE BABAJI	Apply for Long Term at Cut-off Price May apply 1 August 31, 2023 7:12:41 AM

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2 Comments

2. HOPEFUL Link|September 4, 2023 10:30:27 AM

WOULD BE APPLYING WITH FF

GROWING AND PROFITABLE BUSINESS AREA STAINLESS STEEL COLD ROLLED PRODUCTS.

1. Arun Jindal

1| Link|August 24, 2023 8:07:18 AM

A very good company. Applying FF