September 9, 2024 - September 11, 2024

Gajanand International IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Gajanand International IPO.

Gajanand International IPO Review Summary from brokers and analysts

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

Gajanand International IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Gajanand International IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is in the business of manufacturing and marketing of variety of cotton. It has posted growth in its top and bottom lines for the reported periods. Based on FY24 earnings, the issue relatively appears fully priced. Considering the current fancy and bright prospects for the company, well-informed investors may park funds for medium to long term. Read detail review...

Gajanand International IPO Peer Comparison

Gajanand International Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
Gajanand International Limited	2.17	2.17	17.16	4.61	19.3	2.12
Laxmi Cotspin Limited	-0.16	-0.16	3.67	-207.12	0.02	11	Standalone
Spright Agro Limited	0.12	0.12	1.31	486	0.23	58	Standalone

Note:

Industry Peer may be modified to finalise Issue Price before filing Prospectus with ROC.

Notes:

Considering the nature and turnover of the Company's business, the peer is not strictly comparable. However, the same has been included for broader comparison.
The figures for Gajanand International Limited are based on the restated results for the year ended March 31, 2024.
The figures for the peer group are based on standalone audited results for the respective year ended March 31, 2024,
Current Market Price (CMP) is the closing price of the respective scrip as of August 31, 2024

Gajanand International IPO Review by Members

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

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Gajanand International IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	0
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