March 6, 2024 - March 11, 2024

Shree Karni Fabcom IPO Review & Recommendations

Dilip Davda has given "Apply" recommendation to Shree Karni Fabcom IPO.

Shree Karni Fabcom 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

Shree Karni Fabcom IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	Apply

Shree Karni Fabcom IPO Review by Dilip Davda (Apply)

[Dilip Davda] The company specializes in technical fibre and fabrics. It has also entered in to bags manufacturing and specialized fabrics that is used across various purposes and this trade is run on B2B model with many renowned customers. For the reported years, the company has posted growth in its top lines. While its bottom line posted pressure due to accounting adjustments for its expansion plans that are now fully ready to reap benefits and this is reflected in its current working for FY24 till November 30, 2023. The management is confident of maintaining this trend in coming years with addition of high margin products in its portfolio. Based on annualized super earnings of FY24, the issue appears reasonably priced. Investors may lap it up for the medium to long term rewards. Read detail review...

Shree Karni Fabcom IPO Peer Comparison

Shree Karni Fabcom Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	EPS (Diluted)	NAV (per share) (Rs)	RoNW (%)	Financial statements
Shree Karni Fabcom Limited	23.80	23.80	260.22	21.34	Consolidated
Nobletex Industries Limited	19.17	19.17	88.94	24.16	Standalone

Source:

All the financial information for unlisted industry peer mentioned above is sourced from the annual report of the relevant companies for Fiscal 2023, as available on the websites of the MCA.

Notes for peer group:

P/E Ratio cannot be computed as the peer company is an unlisted company.
Return on Net Worth (%) = Profit for the year ended March 31, 2023 divided by Total Equity of the Company as on March 31, 2023.
NAV is computed as the Total Equity of the Company as on March 31, 2023 divided by the outstanding number of equity shares as on March 31, 2023.
Market capitalisation to revenue from operations cannot be computed as the peer company is an unlisted company.

Shree Karni Fabcom IPO Review by Members

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

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Shree Karni Fabcom 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
NDN FINANCIAL SERVICES	May Apply for Listing Gain at Upper Price Band Today I am personally visit at this company The company is engaged in the business of manufacturing technical textile for the luggage, medical arch support, chairs, shoes and apparels industry. It specialises in woven fabrics. Apply for listing gain follow me on X @NVASOYA1800 March 10, 2024 2:48:17 PM

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Review

NDN FINANCIAL SERVICES

May Apply for Listing Gain at Upper Price Band

Today I am personally visit at this company The company is engaged in the business of manufacturing technical textile for the luggage, medical arch support, chairs, shoes and apparels industry. It specialises in woven fabrics. Apply for listing gain follow me on X @NVASOYA1800

March 10, 2024 2:48:17 PM

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