July 16, 2024 - July 19, 2024

Kataria Industries IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Kataria Industries IPO Review Summary from brokers and analysts

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

Kataria Industries IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Kataria Industries IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is primarily in the business of LRPC strands and steel wires manufacturing and marketing. Recently it diversified into real estate segment to increase its income stream .It posted an average financial performance so far. Based on FY24 earnings, the issue appears aggressively priced. There is no harm in skipping this “High Risk/Low Return” issue. Read detail review...

Kataria Industries IPO Peer Comparison

Kataria Industries 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
Kataria Industries Limited	4.91	4.91	22.62	18.53	21.70	4.24	Standalone
Kamdhenu Ltd	15.23	15.23	61.88	39.76	24.44	9.79	Standalone
Incredible Industries Limited	1.05	1.05	27.08	45.19	3.87	1.75	Standalone
Bharat Wire Ropes Ltd	9.68	9.68	73.50	33.88	12.85	4.46	Standalone

Notes:

Considering the nature and size of the company's business, the peers are somewhat different. However, the above company is included for broad comparison.
The figures for Kataria Industries Limited are based on the restated standalone financial statements for the year ended March 31, 2023.
The figures are based on the Standalone financial statements for the year ended March 31, 2023 of Kamdhenu Limited, Incredible Industries Limited and Bharat Wire Ropes Limited from the Annual reports of the Companies available from the website of the Stock Exchange and website of the Companies. CMP of the peer group is as per the closing price as available on www.nseindia.com and www.bseindia.com
The P/E Ratio for the peer has been computed based on the closing market price of respective equity shares as of February 23, 2024, sourced from the Stock Exchange website, divided by the Basic/diluted EPS, as applicable.

Kataria Industries IPO Review by Members

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

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Kataria Industries IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	2	0	0	1
%	66.67	0.00	0.00	33.33

Member	Review
Baba Voss	Avoid Over priced July 16, 2024 7:26:32 PM
ChetanJ	Apply for Long Term at Upper Price Band Promoters background solid, strong fundamentals and consistency 1 July 13, 2024 10:35:14 AM
JAIN MK	Apply for Long Term at Cut-off Price very dedicated management, aprox 50 year in wire industry. last 3 to 4 year very huge capital expansion. July 16, 2024 1:12:40 PM

Member

Review

Baba Voss

Avoid

Over priced

July 16, 2024 7:26:32 PM

ChetanJ

Apply for Long Term at Upper Price Band

Promoters background solid, strong fundamentals and consistency

July 13, 2024 10:35:14 AM

JAIN MK

Apply for Long Term at Cut-off Price

very dedicated management, aprox 50 year in wire industry. last 3 to 4 year very huge capital expansion.

July 16, 2024 1:12:40 PM

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