February 8, 2024 - February 12, 2024

Rudra Gas Enterprise IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Rudra Gas Enterprise IPO.

Rudra Gas Enterprise 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

Rudra Gas Enterprise IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Rudra Gas Enterprise IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company is in infrastructure segment with major focus on gas pipelines and fiber cable network. It also does renting of constructions machinery and vehicles. It marked steady growth in its top and bottom lines for the reported periods. The company has orders on hand worth Rs. 250 cr. approx. Based on FY24 earnings, the issue appears fully priced. Investors may park funds for the medium to long term rewards. Read detail review...

Rudra Gas Enterprise IPO Peer Comparison

Rudra Gas Enterprise 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
Rudra Gas Enterprise Limited	6.71	15.21	9.39	44.09	4.14	Standalone
Likhitha Infrastructure Limited	15.28	63.39	15.43	24.11	3.72	Consolidated

Notes:

All the financial information for listed industry peers mentioned above is on a consolidated basis sourced from the Annual Reports of the peer company uploaded on the BSE website for the year ended March 31, 2023.
The P/E Ratio has been computed based on the closing market price of equity shares on the BSE on March 31, 2023 divided by the Basic EPS.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as the sum of share capital, reserves, and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares

Rudra Gas Enterprise IPO Review by Members

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

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Rudra Gas Enterprise IPO Review Summary by Members

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

Member	Review
User in use	Apply for Long Term at Upper Price Band Co financials looks very good, and they have pending orders worth 250 crores, which will generate good profit in future, and the industry in which RGEL is working is in the bullish phase and they also have presence in more than 15 states.. February 7, 2024 4:04:09 PM

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Review

User in use

Apply for Long Term at Upper Price Band

Co financials looks very good, and they have pending orders worth 250 crores, which will generate good profit in future, and the industry in which RGEL is working is in the bullish phase and they also have presence in more than 15 states..

February 7, 2024 4:04:09 PM

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