February 27, 2024 - February 29, 2024

Platinum Industries IPO Review & Recommendations

Anand Rathi, Arihant Capital Markets Ltd, BP Equities (BP Wealth), Dilip Davda, HENSEX Securities, Indsec Securities, Master Capital Services Limited, Mehta Equities, Stoxbox by BP Equities Pvt Ltd, Swastika Investmart Ltd and Ventura Securities Limited have given "Apply" recommendation to Platinum Industries IPO. Capital Market has given "May Apply" recommendation to Platinum Industries IPO.

Platinum Industries IPO Review Summary from brokers and analysts

Review By	Apply	May Apply	Neutral	Avoid	Not Rated
Count	11	1	0	0	0
%	91.67	8.33	0.00	0.00	0.00

Platinum Industries IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Anand Rathi	Apply
Arihant Capital Markets Ltd	Apply
BP Equities (BP Wealth)	Apply
Capital Market	May Apply
Dilip Davda	Apply
HENSEX Securities	Apply
Indsec Securities	Apply
Master Capital Services Limited	Apply
Mehta Equities	Apply
Stoxbox by BP Equities Pvt Ltd	Apply
Swastika Investmart Ltd	Apply
Ventura Securities Limited	Apply

Platinum Industries IPO Capital Market Rating

The Captial Market (CapitalMarket.com) rating for Platinum Industries IPO is 48. Their analysis recommends May subscribe for the IPO.

Reviewer	Rating Score	Rating
Capital Market	48	May subscribe

Platinum Industries IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is a multi-product player in PVC stabilizers, lubricants etc. and has created a niche place with innovative quality products that brings high margins. The company posted growth in its top and bottom lines and the management is confident of maintaining the trends in coming years. Though on the basis of FY24 annualized earnings the issue appears fully priced, it is worth grabbing for the medium to long term rewards considering bright prospects ahead and its timely expansion plans. Read detail review...

Platinum Industries IPO Peer Comparison

Platinum 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 (%)	Financial statements
Platinum Industries Limited	9.42	9.42	15.37		61.26	Consolidated
Supreme Petrochem Limited	26.49	26.49	98.06	24.39	27.02	Consolidated
Apcotex Industries Ltd.	20.82	20.82	91.82	22.36	22.68	Consolidated

Notes:

P/E Ratio has been computed based on the closing market price of equity shares on the BSE website on July 06, 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 shares capital and reserves surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.

Platinum Industries IPO Review by Members

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

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Platinum Industries IPO Review Summary by Members

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

Member	Review
Bharat Deshwal	Apply for Listing Gain at Cut-off Price Company is operating it's business in highly demand segment, company's overall performance like ROC, ROCE, PAT are excellent and in growing phase. Price bend is also considerable. Can apply for listing gain atleast February 24, 2024 1:56:29 PM
Mani Kasi	May Apply for Short Term at Lower Price Band Apply for short term. February 27, 2024 2:29:33 PM
TARU PANDYA	May Apply for Listing Gain at Upper Price Band Sach me 50% premium??? 40 % ??? February 26, 2024 8:38:32 AM

Member

Review

Bharat Deshwal

Apply for Listing Gain at Cut-off Price

Company is operating it's business in highly demand segment, company's overall performance like ROC, ROCE, PAT are excellent and in growing phase. Price bend is also considerable. Can apply for listing gain atleast

February 24, 2024 1:56:29 PM

Mani Kasi

May Apply for Short Term at Lower Price Band

Apply for short term.

February 27, 2024 2:29:33 PM

TARU PANDYA

May Apply for Listing Gain at Upper Price Band

Sach me 50% premium??? 40 %
???

February 26, 2024 8:38:32 AM

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