Loss-making at scale, EV competition intensifying. Wait for visible profitability.
Sector tailwind exists but cash burn and intense competition make near-term margin path unclear.
GMP is the unofficial premium at which IPO applications trade in the grey market before listing. It's indicative only, sourced from unofficial dealers. Not a guarantee of listing gain.
| Company | Market Cap | P/E | P/B | ROE % | Div Yld % |
|---|---|---|---|---|---|
| Maruti Suzuki India LimitedMARUTI | ₹4.30 L Cr | 30.3 | 4.1 | 14.4% | 1.01% |
| Mahindra & Mahindra LimitedM&M | ₹4.10 L Cr | 20.9 | 4.1 | 18.8% | 0.96% |
| Tata MotorsTATAMOTORS | ₹3.59 L Cr | 9.2 | 2.8 | 31.8% | 0.50% |
| Bajaj Auto LimitedBAJAJ-AUTO |
Capital expenditure for expansion of cell manufacturing capacity; Research and product development; Debt repayment.
Listing-day pop possible given retail interest, but caution for long-term.
| ₹3.20 L Cr |
| 27.8 |
| 8.4 |
| 28.1% |
| 1.28% |
| Tenneco Clean Air India LimitedTENNIND | ₹2.25 L Cr | 36.1 | 18.1 | 43.0% | — |
| Eicher Motors LimitedEICHERMOT | ₹2.19 L Cr | 38.5 | 8.8 | 23.8% | 1.02% |
Compare this IPO's asking price to the P/E, P/B, ROE of established listed peers in the same sector. Substantially higher valuation than peers needs justification.
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