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February 9, 2024 - February 13, 2024

Entero Healthcare Solutions IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Entero Healthcare Solutions IPO. Capital Market recommend to "Avoid" the IPO.SBICAP Securities Limited has "Not Rated" the IPO.

Entero Healthcare Solutions IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
Count 0 1 0 1 1
% 0.00 33.33 0.00 33.33 33.33

Entero Healthcare Solutions IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Capital MarketExternal link Avoid
Dilip Davda May Apply
SBICAP Securities LimitedExternal link Not Rated

Entero Healthcare Solutions IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Entero Healthcare Solutions IPO is 38. Their analysis recommends Do not subscribe for the IPO.

Reviewer Rating Score Rating
Capital Market 38 Do not subscribe

Entero Healthcare Solutions IPO Review by Dilip Davda (May apply)

[Dilip Davda]  The company is one of the leading and fastest growing healthcare product distributor in India. EHSL marked losses for FY21 to FY23 and turned the corner for H1 of FY24. Based on annualized FY24 earnings, the issue appears aggressively priced, discounting all near term positives. Well-informed/risk seeker/cash surplus investors may park funds for the long term reward as it holds prospects going forward. Read detail review...

Entero Healthcare Solutions IPO Peer Comparison

Entero Healthcare Solutions Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Entero Healthcare Solutions Limited-3.43-3.43174.21-1.86Consolidated
Medplus Health Services Limited4.174.17124.93177.213.365.91Consolidated

Notes:

(a) Financial information for Company is derived from the Restated Consolidated Financial Information for the year ended March 31, 2023

For listed peers:

(b) All the financial information for listed industry peer mentioned above is on a consolidated basis and is sourced from the annual reports/annual results as available of the respective company for the year ended March 31, 2023 submitted to stock exchanges.

(c) P/E Ratio has been computed based on the closing market price of equity shares on NSE on August 28, 2023, divided by the Diluted EPS.

(d) Return on Net Worth (RoNW) (%) = Net Profit / (Loss) after tax/ Net worth (Total Equity) at the end of the year.

(e)Net asset value per share (in ₹) represents net asset value per equity share post conversion. It is calculated as net worth as of the end of the relevant year divided by the number of equity share post conversion outstanding at the end of the respective year The Company shall undertake conversion of the outstanding CCPS into Equity Shares prior to filing of the Red Herring Prospectus. The conversion of such CCPS into Equity Shares shall depend on certain assumptions and variable factors based on the formula prescribed in the Shareholder's Agreement. The actual number of Equity Shares which may arise out of the conversion of CCPS may vary.


Entero Healthcare Solutions IPO Review by Members

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

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Entero Healthcare Solutions IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 1 0 0 4
% 20.00 0.00 0.00 80.00
Clear Search
Member Review
raj kk

Avoid

It's a clear avoid
Very high Valuations
Not much Profits
Present Market conditions
Low subscription
No listing gains
Risk of capital

February 13, 2024 1:07:15 PM
Redfox

Apply for Long Term at Upper Price Band

Currently three organized players in industry having ~7-8% market share total which is expected to go upto ~25-30% incoming 4-5 years so expect an even higher cagr of growth going forward driven by both organic and acquisitions, Which should give operating leverage leading to enhanced profitability in a business where scale is the biggest factor.

February 11, 2024 4:16:39 PM
JAGADISH RATNAKARAM

Avoid

Avoid

I Like It. 1

February 9, 2024 1:49:54 PM
Boondi consultancy

Avoid

Distribution business having very less margin and company came with insane valuation..

February 9, 2024 7:36:22 AM
rajaipo

Avoid

very high valuation bet decent ancer but not recommended to apply

February 8, 2024 10:39:53 PM

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1 Comments

1. Confusing Markets.     Link|February 7, 2024 3:15:03 PM
Beware this share will burn the capital. GMP can be easily created by spending few crores in market. God save the retail investors.