September 21, 2023 - September 25, 2023

Mangalam Alloys IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Mangalam Alloys IPO.

Mangalam Alloys 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

Mangalam Alloys IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Mangalam Alloys IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is operating in a highly competitive and fragmented segment. It posted static top lines for FY22 and FY23, but its bottom line surged in FY23 raising eyebrows. The sustainability of such margins going forward is a major concern. Well-informed/risk-seeker investors may park funds for the medium to long term. Read detail review...

Mangalam Alloys IPO Peer Comparison

Mangalam Alloys Limited peer comparison with similar listed entities. () (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 (%)
Mangalam Alloys Limited	5.46	5.46	42.58	14.65	13.70
Ratnamani Metal & Tubes Ltd	72.80	72.80	2,604.00	31.60	21.00
Arfin India Ltd	0.70	0.70	88.00	48.90	12.40
Panchmahal Steel Ltd	0.70	0.70	154.00	180.60	0.90
India Steel Works Limited	-1.50	-1.50	68.00	-1.20	-61.40

Mangalam Alloys IPO Review by Members

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

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Mangalam Alloys IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	1	0	0	1
%	50.00	0.00	0.00	50.00

Member	Review
Top Contributor	Apply for Listing Gain at Upper Price Band Apply September 15, 2023 1:50:06 PM
IPO mining (200+ Posts)	Avoid Didn't read RHP since it's not showing reducing losses that too a company established in 1988. Commodity itself is cyclical and there are better alternatives September 18, 2023 6:44:03 PM

Member

Review

Top Contributor

Apply for Listing Gain at Upper Price Band

Apply

September 15, 2023 1:50:06 PM

IPO mining (200+ Posts)

Avoid

Didn't read RHP since it's not showing reducing losses that too a company established in 1988.
Commodity itself is cyclical and there are better alternatives

September 18, 2023 6:44:03 PM

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