September 5, 2024 - September 9, 2024

My Mudra Fincorp IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to My Mudra Fincorp IPO.

My Mudra Fincorp 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

My Mudra Fincorp IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

My Mudra Fincorp IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is engaged in providing finance related services under one roof. It is operating in a highly competitive and fragmented segment. It posted steady growth in its top and bottom lines. Based on FY24 super earnings, the issue relatively appears fully priced. Well-informed investors may park moderate funds for medium term. Read detail review...

My Mudra Fincorp IPO Peer Comparison

My Mudra Fincorp Limited peer comparison with similar listed entities. (As on March 31, 2024)

Company Name	EPS (Basic)	EPS (Diluted)	P/E (x)	RoNW (%)	Financial statements
My Mudra Fincorp Limited	10.09	10.09		49.74
Akiko Global Services Limited	4.21	4.21	16.15	78.36

Notes:

Akiko Global Services Limited was listed on July 02, 2024. As the data for March 31, 2024, is not available, the provided details of industry peer is of March 31, 2023 as per the information publicly available.
All the financial information for the listed industry peer mentioned above is sourced from the exchange announcements of the company above for the period ended March 31, 2023 and stock exchange data dated August 23, 2024, to compute the corresponding financial ratios. For My Mudra Fincorp Limited, the Issue price of equity shares is taken as the Current Market Price.
Further, P/E Ratio is based on the current market price of the respective script.
The EPS and RoNW of My Mudra Fincorp Limited are taken as per the Restated Financial Statement for the Financial Year 2023-24.
NAV per share is computed as the closing net worth divided by the weighted average number of paid-up equity shares as on March 31, 2024 (March 31, 2023 for industry peer).
RoNW has been computed as net profit after tax divided by closing net worth.
Net worth has been computed in the manner as specified in Regulation 2(1) (hh) of SEBI (ICDR) Regulations, 2018

My Mudra Fincorp IPO Review by Members

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

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My Mudra Fincorp IPO Review Summary by Members

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