July 26, 2023 - July 28, 2023

Shri Techtex IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to Shri Techtex IPO.

Shri Techtex 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

Shri Techtex IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

Shri Techtex IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company operates in a highly competitive segment with many players around. Its FY21 performance raised eyebrows and after that, though the top line marked growth, its bottom line expressed declining margins. Hence, the sustainability of margins in the future is a significant concern. Though the issue appears reasonably priced, well-informed cash surplus investors may park funds with a long-term perspective. Read detail review...

Shri Techtex IPO Peer Comparison

Shri Techtex Limited peer comparison with similar listed entities. (Standalone) (As on March 31, 2023)

Company Name	EPS (Rs)	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Company Name	EPS Basic	NAV (per share) (Rs)	P/E (x)	RoNW (%)
Shri Techtex Limited	5.19	16.99		30.54
Garware Technical Fabrics Limited	77.17	498.30	37.67	15.73
Shubham Polyspin Limited	0.69	11.93	25.28	5.94

Notes:

The EPS, P/E Ratio, and RoNW of Shri Techtex Limited are taken as per Restated Financial Statement for the Financial Year 2022-23.

Shri Techtex IPO Review by Members

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

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Shri Techtex 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
B.M.SURANA IPO Guru (2700+ Posts, 5300+ Likes)	Apply for Long Term at Upper Price Band Reasonable Price [ Apply after last day 1PM QIB HNI Response dekh kar ] 2 July 26, 2023 4:12:44 PM

Member

Review

B.M.SURANA

IPO Guru (2700+ Posts, 5300+ Likes)

Apply for Long Term at Upper Price Band

Reasonable Price
[ Apply after last day 1PM
QIB HNI Response dekh kar ]

July 26, 2023 4:12:44 PM

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