Starcraft IPO date, review, price, details | Stockcraft Pigeon Team | Next in IPO 2021

Starcraft IPO: Upcoming IPOs in 2021 cents In this Storecraft IPO review, we tell you about the Strocraft business, we analyze the presence of the Starcraft industry, the brand talk of the Starcraft: pigeons, Gulma, Black & Decker, IPO Listing Date, Price Band, Investment IPO Size, Profession, and Appropriate Details.

Starcraft's next IPO in 2021

A new IPO will be launched after the first home finance. The company's name is Steve Craft. We will talk about this in detail. We will keep you informed about the entire industry, the company's business, and its finances. Finally, we will discuss the important dates that you as an investor need to know.

Without further ado, let's talk about the industry in which this company operates.

The company operates in the kitchen appliance industry. The company specializes in kitchen appliances. It manufactures them through various brands and sells them to end consumers.

The global kitchen industry is valued at 25 253 billion. Let's take a look at home appliances and consumer electronics from India. In 2017, the total size of this market was Rs 20,500 crore. It is expected to reach Rs 31,500 crore by 2022. From here you can see the growth of this sector in recent days. (Growth is expected in the future as well.) In 2017, the market value of kitchen appliances was Rs 1,480 crore. This growth rate is expected to increase by 9.9% by 2022. The market is expected to grow to Rs 2,300 crore by 2022. The craft company is mainly owned by two brands, Pigeon and Gulma.

It manufactures and markets various devices on the market. First, analyze the company's market share in the kick-top section. Pigeon and Gulma have a 25% market share in Kickstop. With a 25% stake, Starcraft is Coca-Cola's market leader in the upper class. The other players are Faber and Elika with 20.03% and 17.4% respectively. You can also see other players and their market share. One thing is clear, Stockcraft is the market leader in this segment.

Now let's talk about the other part of the equipment that this company makes. This is a pressure cooker.

The company sells its components to consumers as a final product. Let's look at the company's market share in the pressure cooker segment. The market leader of this segment is Prestige with a market share of 48%.

Hawkins is in second place with a 34.7% market share. This market is heavily controlled by Prestige and Hawkins.

In the last few days, Stockcraft has started gaining a fair market share. So far, Stockcraft's market share is 8.10%. So it was an industry-wide conversation. Now let's talk about strong workmanship. The stock craft was incorporated as a company in 1999. It manufactures a wide range of utensils, utensils, and kitchen utensils. The company mainly manufactures these products. The company has two manufacturing plants: the first body in Himachal Pradesh and the second in Bangalore. The distribution network is essential for this industry so that the product can reach the end-user. Starcraft has 429 dealers in 24 states.

Starcraft basically has three brands under which it sells its products: Pigeon, Gulma, and Black + Decker. These are the three different brands where it sells its products and markets them to consumers.

Your pigeon brand is targeting a value segment where the price range is normal. More and more people are being attacked here. Let's understand the importance of pigeons for this company. The brand accounts for 75% of total stock craft revenue. Its second brand, Gulma, is considered more premium than the Pigeon brand. This is to keep the price a little higher. This product was launched to target the premium segment. Black + Decker specifically targets the premium segment which is more expensive. The brand was launched to target the premium segment. In India, the company has a presence in 24 states. In addition, it is present in countries such as the United States, Sri Lanka, and the United Kingdom. It has also entered into agreements with brands. Let me give you an example in this regard.

If you go to Walmart, you will see stock craft products.

Details of Starcraft IPO

Now, after talking about the company, let's take a look at its financial affairs, ie the company's performance in recent years. Here you can see the company's revenue and profits.

The company's revenue in 2018 was Rs 534 million. At the time, the company was running at a loss. Its deficit was Rs 121 million. In 2019, the company's revenue increased from Rs 534 crore to Rs 632 crore. Although its profits increased from time to time, the company incurred losses. In 2020, the company's revenue and profit stood at Rs 6,772 crore and Rs 3 crore respectively.

Let's look at the company's semi-annual results before September 30, 2020. The company posted revenue and profit of Rs 3,529 crore and Rs 288 crore respectively. The company's assets have improved recently. In 2018, the company's assets were worth Rs 399 million. It is currently Rs 469 crore. Sales have increased by 14% every year for the last 5 years. The firm's P / E ratio of its value is 33.

An interesting fact is that this company has a very high debt at the moment, it has a debt of 200+ CR. Starcraft's operating profit margin is about 13%. This is all the information you need. But if you want to understand the real picture, let's compare a company to an industry. Now compare the key parameters of Stockcraft with other public trading companies.

We have faced various competitors like Prestige, Hawkins, Orient Electric, and Budge Electrical.

The P / E ratio of the company will be stated as 33. Its competitor-prestige has a P / E ratio of 56. Hawkins has a P / E ratio of 48. The company has a P / E compared to major competitors. The ratio is not very high. THE industry P / E ratio is 62. The company's P / E ratio is 50% lower than the industry. However, the next important thing for a company is its operating profit, which is competitive.

The company's operating profit margin is 13.88%. While big competitors like Hawkins have operating profit margins in this range.

Hawkins is slightly better because it has an operating profit of 14.54%. Prestige's operating profit margin is 12.27%.

Power company Bajaj Electrical has an operating profit of 4.22%. Orient Electric's operating profit margin is 8.91%.

Here we can see the difference as Bajaj Electrical and Orient Electric also produce other products that do not compete with Starcraft.

Starcraft craft and opportunities

Now let's discuss the pros and cons of investing in this company. First, I will talk about professionals.

The first is the return of the company, which has been recording losses for many years. It is now a for-profit company. The company's operating profit margin of 13.8% is quite healthy compared to other competitors. The second is the company's low P / E ratio compared to the subsidiary industry. As I told you, it's 40% less than the industry. In terms of urbanization, the demand for this segment improves, and the city can be seen as a key engine of growth for the company in recent times. In recent times, the brand class has changed from unorganized players. If this trend continues in the future, the company could benefit from it. But the company's benefits will be known in the future.

The next supporter is that the company operates in an industry that has not entered a state of stagnation. There are stages of development and stagnation for every industry. After stagnation, it slows down. The company's operating industry has seen an increase. Further growth is expected in this particular industry. The pigeon marks of this company are very common and people know them well.

The first is that the equity of the company's shareholders is negative. One of the implications of this is that when a company's liabilities exceed its assets, the equity of its shareholders becomes negative. In this case, the total liabilities of the company at the same time exceed its assets so the equity of its shareholders is negative. (If you look at their financial statements)

The other important thing is that the company's outstanding debt is quite large. Currently, the company has a debt of Rs 205 million. Its biggest brand, Pigeon (which contributes 75% of the revenue) is in controversy. This company could be severely affected if any inappropriate news/settings are found for this brand. Because the company depends more on the brand from which it gets 75% revenue.

The next important point is that the company trusts its distributors because they are the ones who promote their products. In the future, we will learn how the company reduces its dependence on distributors. In the future, alternative strategies for selling products through different channels will be known. Relying on just one thing in a business can be a point of failure. The company should pay attention to this. This is important not only for the company but also for you, as an investor, to know the points of failure. In addition, the company's sales are concentrated in South India. Also, the sale amount is outstanding. When sales are concentrated in one place, the company faces challenges. A company has to look for different channels and areas for different diversity.

Starcraft IPO date and price

Now let's talk about the important dates that you as an investor need to know if you are bidding for the IPO of this company.

Offers for this IPO will be from 25 to 28 January 2021. The company's temporary listing date is set for February 5. Let me tell you again that it can be changed at any time. If any of these reports exist, we will update them from time to time.

The price band of this IPO is between Rs 384-385. You can bid within this price range. If you want to order 1 lot, you have to order at least 38 shares. The lot size is 38 shares and the price band is between Rs 384 and Rs 855.

The total size of the company's IPO is about Rs 4,412 crore. Out of this last number used in the company, Rs. 95 million. While the remaining Rs.

I hope you enjoyed this article and the shared information is enough for you to decide/analyze the IPO.

You can read more about the industry and the company so that you can make the right decision to invest / not invest in this IPO. If you want to invest, do it in the long run. Comment below: If anyone bids on this company's initial public offering. Also, state your reason in the comments.

We bring all subjects for purely educational purposes. We do not recommend buying or selling.

We just want to give you the right information so you can decide how to use your funds.

The joy of investing!