May 10, 2024 - May 15, 2024

ABS Marine Services IPO Review & Recommendations

Arihant Capital Markets Ltd, Dilip Davda and Prabhudas Lilladher Pvt Ltd have given "Apply" recommendation to ABS Marine Services IPO. SMC Global has "Not Rated" the IPO.

ABS Marine Services IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	3	0	0	0	1
%	75.00	0.00	0.00	0.00	25.00

ABS Marine Services IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Arihant Capital Markets Ltd	Apply
Dilip Davda	Apply
Prabhudas Lilladher Pvt Ltd	Apply
SMC Global	Not Rated

ABS Marine Services IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is providing marine related all kind of services under one roof. It has about six high margin ongoing contracts and many more in the pipeline. Based on FY24 super earnings, the issue appears fully priced. It has many renounced clients in its list and enjoys long term relationships. Considering the recent performance that is indicating prospects ahead, Investors may consider investment for the medium to long term rewards. Read detail review...

ABS Marine Services IPO Peer Comparison

ABS Marine Services Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	P/E (x)	RoNW (%)	Financial statements
ABS Marine Services Limited	5.29	5.29		10.19	Consolidated
Shipping Corporation Of India Ltd.	18.68	18.68	12.51	13.52	Consolidated
Seamec Ltd.	13.20	13.20	87.81	4.45	Consolidated

Source:

CMP i.e., Current Market Price has been considered as on February 09, 2024.

The information mentioned above and the related calculations have been made based on Consolidated Financial Statements of respective companies for the Financial Year ending 31st March 2023

ABS Marine Services IPO Review by Members

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

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ABS Marine Services IPO Review Summary by Members

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

Member	Review
Gai Bhens Paani Me	Apply for Long Term at Cut-off Price Good company. April 28, 2024 4:58:55 PM

Member

Review

Gai Bhens Paani Me

Apply for Long Term at Cut-off Price

Good company.

April 28, 2024 4:58:55 PM

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