June 26, 2024 - June 28, 2024

Diensten Tech IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Diensten Tech 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

Diensten Tech IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Diensten Tech IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is engaged in a highly competitive and fragmented segment of IT solutions and related services. It has posted inconsistency in its financial performance and based on its FY24 losses, the issue has a negative P/E. Its NAV too is negative. There is no harm in skipping this highly risky bet. Read detail review...

Diensten Tech IPO Peer Comparison

Diensten Tech Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio
Diensten Tech Limited	0.29	7.02		3.78	14.25
Ani Integrated Services Limited	2.55	48.44	59.96	5.26	3.16
Integrated Personnel Services Ltd	5.71	39.03	28.01	11.92	4.10

Note:

Industry Peer may be modified for finalization of Issue Price before filing Draft Red Herring Prospectus with ROC.
CMP is taken as of June 18, 2024.

Diensten Tech IPO Review by Members

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

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Diensten Tech IPO Review Summary by Members

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

Member	Review
Vicksa	Avoid No visibility. Looks like a managed IPO June 28, 2024 12:14:44 PM

Member

Review

Vicksa

Avoid

No visibility. Looks like a managed IPO

June 28, 2024 12:14:44 PM

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