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September 19, 2024 - September 23, 2024

Kalana Ispat IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Kalana Ispat IPO.

Kalana Ispat 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

Kalana Ispat IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda May Apply

Kalana Ispat IPO Review by Dilip Davda (May apply)

[Dilip Davda]  The company is engaged in the business of manufacturing/trading and providing related services in metal products. It marked minuscule earnings from FY21 to FY23 and posted bumper profits for FY24 i.e. pre-IPO year, that raise eyebrows and concern over its sustainability. Its future prospects hinges on solar power plant installation. Based on FY24 super earnings, the issue appears aggressively priced. Well-informed investors may park funds for long term. Read detail review...

Kalana Ispat IPO Peer Comparison

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

Company NameEPS (Basic)EPS (Diluted)NAV (per share) (Rs)P/E (x)RoNW (%)P/BV RatioFinancial statements
Kalana Ispat Limited3.033.0313.8721.7521.885.08
Supershakti Metaliks Ltd11.6311.63217.1331.43217.13
Incredible Industries Limited1.281.2828.3637.264.5
Gallantt Ispat Limited9.349.34101.5739.839.19

Notes:

  1. Net Asset Value per Equity Share is calculated as net worth attributable to equity shareholders as at the end of Fiscal period/year divided by the outstanding number of Equity Shares used in calculating basic earnings per share.
  2. All the financial information for listed industry peers mentioned above is on a standalone basis. It is sourced from the respective company's annual reports / annual results as available for the year ended March 31, 2024, submitted to Stock Exchanges. Our Company's financial information mentioned above is also for the Financial Year ended March 31, 2024.
  3. The P/E Ratio has been computed based on the closing market price of equity shares on BSE on September 10, 2024 (except for one of the peer Supershakti Metaliks Limited, whose closing market price of equity shares on BSE Limited on September 06, 2024, being the last available trading day, is taken for computation), being the last trading price available divided by the Diluted EPS provided.
  4. Return on Net Worth is computed as restated net profit/(loss) after tax attributable to equity holders of the company divided by restated average Net Worth for Equity Shareholders.

Kalana Ispat IPO Review by Members

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

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Kalana Ispat IPO Review Summary by Members

Review By Apply May Apply Neutral Avoid
Count 0 0 0 2
% 0.00 0.00 0.00 100.00
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Member Review
SkAS

Avoid

are re rere aya kya hua

September 26, 2024 9:48:01 AM
chIPOrgarh (300+ Posts)

Avoid

May Avoid.

I Like It. 1

September 19, 2024 9:25:43 PM

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