April 28, 2023 - May 3, 2023

De Neers Tools IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

De Neers Tools 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

De Neers Tools IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

De Neers Tools IPO Review by Dilip Davda (Avoid)

[Dilip Davda] After average performances for FY20 and FY21, the company posted robust bottom lines for FY22 (two broken periods) and for 7M of FY23. The company operates in a highly competitive and fragmented segment with many big players around. Based on recent super earnings, the issue appears fully priced while based on its track records so far, the issue appears aggressively priced. The small equity capital post-IPO indicates a longer gestation period for migration to the mainboard. There is no harm in skipping this issue. Read detail review...

De Neers Tools IPO Peer Comparison

De Neers Tools Limited peer comparison with similar listed entities. (Consolidated) (As on March 31, 2022)

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 (%)
De Neers Tools Limited	7.97	7.97	37.63	12.80	21.17
Taparia Tools Limited	214.41	214.41	783.20	0.05	27.59

De Neers Tools IPO Review by Members

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

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De Neers Tools IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	0	1
%	50.00	0.00	0.00	50.00

Member	Review
Advik rastogi	Avoid Negative cash flow low operating margin and high debt equity makes it unviable issue sudden increase in profitability raises eyebrows April 20, 2023 8:25:41 PM
Mohammed Osman Hadi	Apply for Long Term at Upper Price Band From past three years the company has posted good financial years, ipo money too will accelerate growth, so Subscribe at upper price band 1 April 22, 2023 3:48:40 PM

Member

Review

Advik rastogi

Avoid

Negative cash flow low operating margin and high debt equity makes it unviable issue sudden increase in profitability raises eyebrows

April 20, 2023 8:25:41 PM

Mohammed Osman Hadi

Apply for Long Term at Upper Price Band

From past three years the company has posted good financial years, ipo money too will accelerate growth, so Subscribe at upper price band

April 22, 2023 3:48:40 PM

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