Kent RO Systems IPO

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MAINBOARD

NSE • Lot Size: 1200 • Others

Price Band

₹94 - ₹94

Lot Size

1200

Issue Size

₹83.65 Cr

GMP

N/A

Subscription

76.21x

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IPO Schedule

Open

Allotment

Listing

About Kent RO Systems

Kent RO Systems is a prominent player in the water purification industry in India, known for its RO (Reverse Osmosis) technology-based water purifiers. The company also offers a range of other healthcare products, including air purifiers and vegetable cleaners.

Key Strengths

Strong brand recognition and established market position in the RO water purifier segment.
Wide distribution network across India, including online and offline channels.
Focus on innovation and technology, leading to a diverse product portfolio.
Healthy Return on Equity (ROE) of 19.90% indicates efficient use of shareholder funds.
Established track record of financial performance and profitability.

Risk Factors

•Intense competition from both organized and unorganized players in the water purifier market.
•Fluctuations in raw material prices and currency exchange rates could impact profitability.
•Changes in government regulations related to water quality standards could affect the business.

Valuation Analysis

The IPO is priced at a P/E of 19.34, which seems reasonable considering the company's growth prospects and strong brand presence; however, investors should carefully evaluate the valuation in comparison to its peers in the consumer durables and water purification industries.