May 24, 2024 - May 28, 2024

GSM Foils IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to GSM Foils IPO.

GSM Foils 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

GSM Foils IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

GSM Foils IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is operating in a highly competitive segment that also faces volatility in commodity prices. The company has posted inconsistency in its top and bottom lines. Based on FY24 annualized earnings, the issue appears fully priced. Well-informed investors may park moderate funds for the medium to long term. Read detail review...

GSM Foils IPO Peer Comparison

GSM Foils 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	Financial statements
GSM Foils Limited	28.25	165.16	1.13	13.26	0.19
Synthiko Foils Ltd.	0.95	33.36	70.47	2.85	2.01	Standalone
Mmp Industries Limited	7.28	91.68	36.00	8.22	2.86	Standalone

Notes:

The company's figures are based on Restated Financial Statements for the year ended March 31, 2023, after the Bonus Shares allotted on March 1, 2024, took effect.
The figures for the Peer Group are based on the Standalone Financial Statements filed for the financial year ending March 31, 2023.
P/E Ratio has been computed based on their respective closing market price on March 22,2024 as divided by the Basic EPS as on March 31, 2023.
CMP is the closing prices or the last traded price of respective scripts as on March 22,2024.
The Issue Price determined by the Company in consultation with the Lead Manager is justified by the company in consultation with the Lead Manager based on the above parameters.

GSM Foils IPO Review by Members

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

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GSM Foils 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
chIPOrgarh (300+ Posts)	Apply for Listing Gain at Upper Price Band Became public limited in Sept '23. Purchases eat more than 80% of revenue. Paltry profits. Small issue obviously would sail through on the back of GMP. May 18, 2024 12:23:42 PM

Member

Review

chIPOrgarh (300+ Posts)

Apply for Listing Gain at Upper Price Band

Became public limited in Sept '23.
Purchases eat more than 80% of revenue. Paltry profits.
Small issue obviously would sail through on the back of GMP.

May 18, 2024 12:23:42 PM

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