July 12, 2024 - July 16, 2024

Sati Poly Plast IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Sati Poly Plast IPO.

Sati Poly Plast 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

Sati Poly Plast IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Sati Poly Plast IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is operating in a highly competitive and fragmented segment. It posted inconsistency in its top lines for the reported periods with boosted profits for FY23 onwards. Based on FY24 super earnings, the issue appears aggressively priced. Small paid-up equity capital post-IPO indicates longer gestation for migration to mainboard. Well-informed investors may park moderate funds for medium to long term. Read detail review...

Sati Poly Plast IPO Peer Comparison

Sati Poly Plast Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Basic)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Sati Poly Plast Limited	9.70	36.29	14.29	26.71	3.58
Sabar Flex India Limited	2.64	18.99	7.50	13.36	1.04	Standalone
Uma Converter Limited	2.07	35.74	11.81	5.78	0.68	Standalone

Source:

All the financial information for listed industry peer mentioned above is on a standalone basis sourced from the Annual Reports/Information of the peer company uploaded on the NSE and BSE website for the year ended March 31, 2024.

Notes:

P/E Ratio has been computed based on the closing market price of equity shares on the NSE on March 31, 2024 divided by the Diluted EPS.
RoNW is computed as net profit after tax divided by the closing net worth, computed as the sum of share capital, reserves, and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares adjusted for bonus and sub-division of shares.

Sati Poly Plast IPO Review by Members

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

Post Recommendation Manage Your IPO Reviews

Sati Poly Plast IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	0
%

Member	Review
No recommendation found. Be the first to post the recommendation.

Post Recommendation Manage Recommendations

Note:

The recommendations or analysis of public issues posted above expresses the views of its author and does not represent the views of Chittorgarh.com or its staff.
We reserve the right to remove any objectionable post without providing a reason.