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[Dilip Davda] The company operates in a highly competitive and fragmented segment with many big players around. The sudden boost in its bottom line for 8M FY23 raises eyebrows and concern over sustainability going forward. Even based on such super earnings, the issue appears aggressively priced while based on its track records so far, the issue appears exorbitantly priced. It has current equity of Rs. 10+ cr. that will rise to around Rs. 14 cr. post IPO, the top line is around Rs. 6+ cr. and wants Rs. 11 cr. from IPO proceeds, isn’t it a big surprise? There is no harm in skipping this pricey issue. Read detail review...
Retina Paints Limited peer comparison with similar listed entities. (Standalone) (As on March 31, 2022)
Company Name | EPS (Rs) | NAV (per share) (Rs) | P/E (x) | RoNW (%) | |
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EPS Basic | |||||
Retina Paints Limited | 0.72 | 3.29 | 41.67 | 5.16 | |
Asian Paints Limited | 32.68 | 143.99 | 85.56 | 21.94 | |
Indigo Paints Limited | 17.67 | 135.96 | 58.24 | 12.93 |
Retina Paints IPO Reviews, analysis and views by popular members. Read Retina Paints Ltd. IPO reviews by retail investors to find recommended ipo to buy.
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