July 24, 2023 - July 28, 2023

Khazanchi Jewellers IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Khazanchi Jewellers 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

Khazanchi Jewellers IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Khazanchi Jewellers IPO Review by Dilip Davda (Avoid)

[Dilip Davda] KJL operates in a highly competitive and fragmented segment with many players around. The sudden boost in its top and bottom line for FY23 raise eyebrows and concern over the sustainability going forward. Even on the basis of FY23 super earnings, the issue appears exorbitantly priced. There is no harm in skipping this pricey issue. Read detail review...

Khazanchi Jewellers IPO Peer Comparison

Khazanchi Jewellers Limited peer comparison with similar listed entities. (Standalone) (As on March 31, 2023)

Company Name	EPS (Rs)		NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	EPS Diluted	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Khazanchi Jewellers Limited	7.62	7.62	36.30	18.37	20.98
Deep Diamond India Limited	0.26	0.26	3.07	30.83	8.53
Eighty Jewellers Limited	1.39	1.39	23.39	35.88	5.94
Moksh Ornaments Limited	1.14	1.14	9.50	9.49	12.03

Khazanchi Jewellers IPO Review by Members

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

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Khazanchi Jewellers 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

Member	Review
IPOse Dukhi Atma (200+ Posts)	Avoid Clear avoid,, too much debt,, and profit to revenue ratio is very less July 19, 2023 4:57:39 PM
PHARROAD WALE BABAJI	Avoid रिपिया दोरा घणा कमाई जै और घणी कंपनी यां है बजार मैं! July 24, 2023 7:12:07 PM

Member

Review

IPOse Dukhi Atma (200+ Posts)

Avoid

Clear avoid,, too much debt,, and profit to revenue ratio is very less

July 19, 2023 4:57:39 PM

PHARROAD WALE BABAJI

Avoid

रिपिया दोरा घणा कमाई जै और घणी कंपनी यां है बजार मैं!

July 24, 2023 7:12:07 PM

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