August 10, 2023 - August 14, 2023

Shelter Pharma IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Shelter Pharma IPO Review Summary from brokers and analysts

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

Shelter Pharma IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Avoid

Shelter Pharma IPO Review by Dilip Davda (Avoid)

[Dilip Davda] The company is in the manufacturing and marketing of herbal products. However, the super profits shown by it for FY23 raise eyebrows and appear to be a window dressing. The asking price based on its super earnings appears to be lucrative at 8.4 P/E, but the sustainability of such performance going forward is a major concern. Though this issue is prima facie lucratively priced, there is no harm in skipping it. Read detail review...

Shelter Pharma IPO Peer Comparison

Shelter Pharma Limited peer comparison with similar listed entities. () (As on March 31, 2022)

Company Name	EPS (Rs)	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Shelter Pharma Limited	2.66	11.37	19.55	23.39
Dabur India Limited	8.11	33.31	64.85	24.43
Emami Limited	19.15	47.39	18.64	40.78

Notes:

The figures of Shelter Pharma Limited are based on financial statements as restated as on March 31, 2022.
Considering the nature and size of business of the Company, the peers are not strictly comparable. However same have been included for broad comparison.
The figures for the peer group are based on the standalone audited financials for the year ended March 31, 2022.

Shelter Pharma IPO Review by Members

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

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Shelter Pharma IPO Review Summary by Members

Review By	Apply	May Apply	Neutral	Avoid
Count	0	0	2	0
%	0.00	0.00	100.00	0.00

Member	Review
Mr G	Neutral since the company is more than a 50 years old and in the field of herbal remedies which is use by a mass after covid 19 so peolple can think on and can invest. August 8, 2023 6:45:16 PM
Waseem	Neutral Thanks for ur information Please Please solve my doubt Icici direct . SME pre open market me sell krne ke liye deta hai ya nhi ....... EXAMPLE AGR MUGHE SME IPO ME ALLOTMENT MIL GYA THEN ME PREOPEN MARKET ME SELL KR SKTA HU YA NHI icici direct application me August 11, 2023 8:26:04 AM

Member

Review

Mr G

Neutral

since the company is more than a 50 years old and in the field of herbal remedies which is use by a mass after covid 19 so peolple can think on and can invest.

August 8, 2023 6:45:16 PM

Waseem

Neutral

Thanks for ur information
Please

Please solve my doubt

Icici direct . SME pre open market me sell krne ke liye deta hai ya nhi
....... EXAMPLE AGR MUGHE SME IPO ME ALLOTMENT MIL GYA THEN ME PREOPEN MARKET ME SELL KR SKTA HU YA NHI icici direct application me

August 11, 2023 8:26:04 AM

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