June 13, 2024 - June 19, 2024

United Cotfab IPO Review & Recommendations

Dilip Davda has given "May Apply" recommendation to United Cotfab IPO.

United Cotfab 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

United Cotfab IPO Analysis By Brokers/Analysts

Reviewer	Recommendation	Past Reviews
Dilip Davda	May Apply

United Cotfab IPO Review by Dilip Davda (May apply)

[Dilip Davda] The company that was primarily a trader in fabrics went on stream for manufacturing cotton yarn in April 2023, and thus has just one full year performance. The year marked boosted top and bottom lines that not only raise eyebrows, but also concern over its sustainability, being a highly competitive and fragmented segment. Based on FY24 super earnings, the issue appears fully priced. Well-informed/cash surplus investors may park moderate funds for the long term. Read detail review...

United Cotfab IPO Peer Comparison

United Cotfab Limited peer comparison with similar listed entities. (As on March 31, 2023)

Company Name	EPS (Basic)	NAV (per share) (Rs)	P/E (x)	RoNW (%)	P/BV Ratio	Financial statements
United Cotfab Limited	0.14	9.65	517.10	1.40	7.25	Standalone
Lagnam Spintex Limited	5.53	53.36	8.93	10.35	0.93	Standalone
Pbm Polytex Ltd.	0.43	183.75	209.12	0.24	0.49	Standalone
Vippy Spinpro Ltd.	18.25	121.50	9.47	15.02	1.42	Standalone

Notes:

All the financial information for the listed industry peer mentioned above is on a standalone basis sourced from the Annual Reports/Information of the peer company uploaded on the NSE and BSE website for the year ended March 31, 2023.
The P/E Ratio has been computed based on the closing market price of equity shares on the BSE and NSE on March 31, 2023, divided by the Basic EPS.
RoNW is computed as net profit after tax divided by the closing net worth. Net worth has been computed as sum of share capital and reserves and surplus.
NAV is computed as the closing net worth divided by the closing outstanding number of equity shares.
The face value of Equity Shares of our Company is ₹ 10/- per Equity Share and the Issue price is 7.00 times the face value of equity share.

United Cotfab IPO Review by Members

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

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United Cotfab IPO Review Summary by Members

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