June 24, 2024 - June 26, 2024

Shivalic Power Control IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Shivalic Power Control IPO.

Shivalic Power Control 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

Shivalic Power Control IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Shivalic Power Control IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company is in the manufacturing of LT & HT electric panels which is highly fragmented segment. It marked average growth in top lines, but boosted bottom lines from FY23 onwards is surprising. The sustainability of such margins raises concern. Based on FY24 super annualized earnings, the issue appears fully priced, discounting all near term positives. Well-informed may park moderate funds for the long term rewards. Read detail review...

Shivalic Power Control IPO Peer Comparison

Shivalic Power Control 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 (%)	P/BV Ratio	Financial statements
Shivalic Power Control Limited	4.19	4.19	17.93		36.82	5.58
Saakshi Medtech And Panels Limited	9.53	9.53	32.49		29.32		Standalone
Marine Electricals (india) Limited	1.59	1.56	14.68	22.54	10.83		Standalone

Source:

Financial information for the listed industry peer mentioned above is on a standalone basis and is sourced from annual reports and financial statements the filings made with stock exchanges available on the company website, www.bseindia.com and www.nseindia.com for the Financial Year ending March 2023.

Source: Shivalic Power Control Limited: Based on the restated financial statements of the Company for year ended F.Y 2023

Shivalic Power Control IPO Review by Members

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

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Shivalic Power Control IPO Review Summary by Members

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

Member	Review
Dhanvantri	May Apply for Listing Gain at Upper Price Band Debt Equity 1.09 which is higher Borrowing is higher than reserve .This issue is called most awaited sme IPO. May apply for listing gains. June 18, 2024 5:01:47 AM

Member

Review

Dhanvantri

May Apply for Listing Gain at Upper Price Band

Debt Equity 1.09 which is higher Borrowing is higher than reserve .This issue is called most awaited sme IPO. May apply for listing gains.

June 18, 2024 5:01:47 AM

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