May 16, 2024 - May 21, 2024

Hariom Atta & Spices IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Hariom Atta & Spices IPO.

Hariom Atta & Spices 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

Hariom Atta & Spices IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Hariom Atta & Spices IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is operating in a highly competitive and fragmented segment. It posted an average financial performance for the reported periods. Based on FY24 annualized earnings, the issue appears fully priced. Small equity capital post-IPO indicates longer gestation period for migration. Well-informed/cash surplus investors may park moderate funds for the medium term. Read detail review...

Hariom Atta & Spices IPO Peer Comparison

HOAC Foods India Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
HOAC Foods India Limited	2.84	2.84	11.74	16.90	0.37	4.09
Contil India Ltd.	2.01	2.01	2,381.46	77.11	8.46	0.07	Consolidated
Jetmall Spices And Masala Ltd	0.49	0.49	16.22	32.65	0.03	0.99	Consolidated

Source:

All the financial information for listed industry peers mentioned above is on a consolidated basis, sourced from the filings made with stock exchanges, available on www.bseindia.com and www.nseindia.com for the period ending 31st March 2023. The CMP and related figures are as on May 09, 2024.

Hariom Atta & Spices IPO Review by Members

Hariom Atta & Spices IPO Reviews, analysis and views by popular members. Read HOAC Foods India Limited IPO reviews by retail investors to find recommended ipo to buy.

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Hariom Atta & Spices IPO Review Summary by Members

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