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Dilip Davda and Indsec Securities have given "Apply" recommendation to Tolins Tyres IPO. Swastika Investmart Ltd has given "May Apply" recommendation to Tolins Tyres IPO. Capital Market has "Neutral" view about the IPO.
Review By | Apply | May Apply | Neutral | Avoid | Not Rated |
---|---|---|---|---|---|
Count | 2 | 1 | 1 | 0 | 0 |
% | 50.00 | 25.00 | 25.00 | 0.00 | 0.00 |
Reviewer | Recommendation | Past Reviews |
---|---|---|
Capital Market![]() |
Neutral | ![]() |
Dilip Davda | Apply | ![]() |
Indsec Securities![]() |
Apply | ![]() |
Swastika Investmart Ltd![]() |
May Apply | ![]() |
The Captial Market (CapitalMarket.com) rating for Tolins Tyres IPO is 42. Their analysis recommends Avoid, however active risk seekers can try for the IPO.
Reviewer | Rating Score | Rating |
---|---|---|
Capital Market | 42 | Avoid, however active risk seekers can try |
[Dilip Davda] The company is in the business of tyres and tread rubber manufacturing and marketing along with supply of related products. It marked setback for FY23 following market conditions and volatile crude oil and natural rubber prices. It marked improved performance for FY24 following consolidation of activities with added capacities. Based on FY24 earnings, the issue relatively appears fully priced. Investors may park funds for medium to long term. Read detail review...
Tolins Tyres Limited peer comparison with similar listed entities. (As on March 31, 2024)
Company Name | EPS (Basic) | EPS (Diluted) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | P/BV Ratio | Financial statements |
---|---|---|---|---|---|---|---|
Tolins Tyres Limited | 9.52 | 9.52 | 36.8 | 25.87 | Consolidated | ||
Indag Rubber Ltd. | 6.15 | 6.15 | 87.46 | 39.94 | 6.79 | 2.82 | Consolidated |
Vamshi Rubber Ltd. | 1.87 | 1.87 | 32.54 | 27.94 | 4.46 | 1.63 | Standalone |
Tvs Srichakra Ltd. | 140.98 | 140.98 | 1,451.55 | 33.76 | 9.7 | 3.28 | Consolidated |
Grp Ltd. | 169.78 | 169.78 | 1,250.57 | 24.07 | 13.58 | 3.27 | Consolidated |
Elgi Rubber Company Limited | 2.33 | 2.33 | 37.91 | 45.12 | 6.15 | 2.84 | Consolidated |
Source: All the financial information for listed industry peers mentioned above is sourced from the audited financial statements of the relevant companies for Fiscal Year 2024, which are available on the Stock Exchange websites.
Notes:
Tolins Tyres IPO Reviews, analysis and views by popular members. Read Tolins Tyres Limited IPO reviews by retail investors to find recommended ipo to buy.
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Review By | Apply | May Apply | Neutral | Avoid |
---|---|---|---|---|
Count | 0 | 1 | 0 | 1 |
% | 0.00 | 50.00 | 0.00 | 50.00 |
Member | Review |
---|---|
Dhanvantri |
May Apply for Short Term at Cut-off Price Listing gain will be nominal asIt will be T/T BE Purchase on listing might run to upper circuit.After delivery Sell book profit September 8, 2024 12:51:34 PM |
chIPOrgarh (200+ Posts) |
Avoid Could list in discount as this clashes with Bajaj. September 2, 2024 9:05:59 PM |
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