March 15, 2024 - March 19, 2024

KP Green Engineering IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to KP Green Engineering IPO.

KP Green Engineering IPO Review Summary from brokers and analysts

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

KP Green Engineering IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

KP Green Engineering IPO Review by Dilip Davda (Apply)

[Dilip Davda] This is the flagship company of KP group that has wide interest in renewable energy. Its two previous IPOs have already migrated to mainboard and has amply rewarded its stakeholders. The management is confident for maintaining legacy of rewards. This is the third IPO from the group in the last eight years. It is also the historically biggest SME IPO so far for any exchange. Investors may lap it up for the medium to long term rewards. Read detail review...

KP Green Engineering IPO Peer Comparison

KP Green Engineering 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
KP Green Engineering Limited	3.14	9.18		25.51	15.69	Standalone
Salasar Techno Engineering Ltd	1.32	12.67	30.23	10.03	3.15	Standalone
Skipper Ltd	3.19	74.80	30.20	4.26	1.29	Standalone

Source: All the financial information for listed industry peer mentioned above is on a standalone basis sourced from the Annual Reports/Information of the peer company uploaded on the NSE and BSE website for the year ended March 31, 2023.

Notes:

P/E Ratio has been computed based on the closing market price of equity shares on the BSE and NSE on March 31, 2023 divided by the Diluted EPS.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as sum of share capital and reserves and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares adjusted for bonus and sub-division of shares.

KP Green Engineering IPO Review by Members

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

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KP Green Engineering IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	0	1
%	0.00	0.00	0.00	100.00

Member	Review
Kailashkumar Vasantray Bhensdadiya	Avoid Promoters are hiding poor financial data 1 March 10, 2024 8:18:50 PM

Member

Review

Kailashkumar Vasantray Bhensdadiya

Avoid

Promoters are hiding poor financial data

March 10, 2024 8:18:50 PM

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