August 7, 2023 - August 9, 2023

Srivari Spices and Foods IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Srivari Spices and Foods IPO.

Srivari Spices and Foods IPO Review Summary from brokers and analysts

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

Srivari Spices and Foods IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Srivari Spices and Foods IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company operates in a highly competitive and fragmented segment with many players around. The sudden boost in its bottom line for FY23 raises eyebrows and concern over the sustainability going forward. The management is confident of continuing the trends with more premium and high-margin products launch with consumer awareness for hygienic food cooking with Srivari Products. Based on FY23's performance, the IPO appears reasonably priced. The small post-IPO equity base may lead to longer gestation for migration to the mainboard. Investors may consider parking of funds with the medium to long-term perspectives. Read detail review...

Srivari Spices and Foods IPO Peer Comparison

Srivari Spices and Foods Limited peer comparison with similar listed entities. () (As on March 31, 2023)

Company Name	EPS (Rs)	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Srivari Spices and Foods Limited	7.07	18.20		34.35
Contil India Limited	2.01	23.81	37.75	8.45
Jetmall Spices And Masala Limited	0.49	16.22	47.00	3.01

Srivari Spices and Foods IPO Review by Members

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

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Srivari Spices and Foods IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	3	0	0	0
%	100.00	0.00	0.00	0.00

Member	Review
B.M.SURANA IPO Guru (2600 Posts, 4800+ Likes)	Apply for Listing Gain at Upper Price Band Listing Gain 2 August 8, 2023 7:37:02 PM
Balkrushana More	Apply for Listing Gain at Upper Price Band Good FMCG Company in future. August 7, 2023 11:19:18 AM
IPO LEADER IPO Mentor (800+ Posts, 400+ Likes)	Apply for Listing Gain at Upper Price Band 30% listing gain possible August 4, 2023 11:22:49 PM

Member

Review

B.M.SURANA

IPO Guru (2600 Posts, 4800+ Likes)

Apply for Listing Gain at Upper Price Band

Listing Gain

August 8, 2023 7:37:02 PM

Balkrushana More

Apply for Listing Gain at Upper Price Band

Good FMCG Company in future.

August 7, 2023 11:19:18 AM

IPO LEADER

IPO Mentor (800+ Posts, 400+ Likes)

Apply for Listing Gain at Upper Price Band

30% listing gain possible

August 4, 2023 11:22:49 PM

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