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August 25, 2023 - August 29, 2023

Sahaj Fashions IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Sahaj Fashions 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

Sahaj Fashions IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Sahaj Fashions IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  The company is operating in a highly competitive and fragmented segment. Though based on its super performance for FY23, the issue appears fully priced, on the basis of its inconsistent financial performance so far, the issue appears greedily priced. There is no harm in skipping this “High Risk/Low Return” bet. Read detail review...

Sahaj Fashions IPO Peer Comparison

Sahaj Fashions Limited peer comparison with similar listed entities. (Consolidated) (As on February 28, 2023)

Company NameEPS (Rs)NAV (per share) (Rs)P/E (x)RoNW (%)
EPS BasicEPS Diluted
Sahaj Fashions Limited3.903.9023.267.6916.75
Arvind Limited15.5115.49127.949.2612.35
RSWM Limited31.5231.52279.615.959.33
Vardhman Textiles Limited27.9627.95299.2212.349.40

Notes:

  1. All the financial information for listed industry peers mentioned above is on a consolidated basis (unless otherwise available only on a standalone basis). It is sourced from the annual reports/ financial results as available of the respective company for the period ended March 31, 2023 submitted to stock exchanges or on the company's website as available.
  2. The financial information of Sahaj Fashions Limited is sourced from the Restated Financial Information for the eleven months period ended February 28, 2023. Also, the EPS, PE and NAV are not annualized and are calculated on the basis of audited profits from eleven months. (None of the figures in the above table are annualized).
  3. Basic EPS refers to the Basic EPS sourced from the annual report/ financial results of the Listed Peers and the Company for the period ended March 31, 2023 and February 28, 2023 respectively.
  4. Diluted EPS refers to the Diluted EPS sourced from the annual report/ financial results of the Listed Peers and the Company for the period ended March 31, 2023 and February 28, 2023 respectively.
  5. P/E Ratio has been computed based on the closing market price of equity shares on NSE on August 11, 2023.
  6. Return on Net Worth (%) = Net Profit after tax attributable to owners of the Company, as restated / Net worth as restated as at year/period March 31, 2023 and February 28, 2023 for Listed Peers and the Company respectively.
  7. Net Asset Value is computed as the closing net worth divided by the equity shares outstanding as at March 31, 2023 and February 28, 2023 for Listed Peers and the Company respectively.

Sahaj Fashions IPO Review by Members

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

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Sahaj Fashions IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 1 0 2 0
% 33.33 0.00 66.67 0.00
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Member Review
B.M.SURANA
IPO Guru IPO Guru (2600+ Posts, 4800+ Likes)

Neutral

दम नहीं लग रहा है!

I Like It. 2

August 29, 2023 11:35:02 AM
SNBL

Neutral

AVOID

August 28, 2023 8:02:07 PM
Shankar Saha

Apply for Listing Gain at Upper Price Band

As the company is a manufacturing unit and provides cotton fabric which is in good demand. Company's track record is good and is capable of higher returns.

I Like It. 2

August 23, 2023 8:06:20 PM

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