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Aurangabad based  Endurance Technologies Ltd, the largest two-wheeler and three-wheeler automotive component manufacturer in India in terms of revenue  and also number one aluminum die-casting company in the country  is coming out with a 1000 crore+  IPO on 5th October 2006.

Endurance Tech has announced a  Price Band of Rs. 567-572 its Rs 1160 Crore IPO. A quick peer comparison  is given below to assess its financial strengths vis a  vis other major players.

 Company Endurance Bharat Forge Motherson Gabriel Mahindra   CIE Munjal Showa Rico Auto
Revenue 5,273.96 7,780.08 38,395.20 1,438.23 3,861.25 1,501.84 1,021.20
Face Value 10 2 1 1 10 2 1
Operating Profit 413 1413.29 3425.2 131.12 303.1 127.44 93.98
OPM 7.83% 18.17% 8.92% 9.12% 7.85% 8.49% 9.20%
Net Profit 290.9 649.99 1273.7 75.25 87.23 61.15 29.44
NPM 5.52% 8.35% 3.32% 5.23% 2.26% 4.07% 2.88%
Share Capital 140.66 46.57 132.3 14.37 323.33 8 13.53
EPS 20.68 27.91 9.63 5.24 2.7 15.29 2.18
Market /Issue Price 472 938.7 315.75 119.8 188.25 207.7 64.15
P/E 22.82 33.63 32.79 22.86 69.72 13.58 29.43
RONW 19.93% 18.18% 30.00% 19.80% 4.34% 13.50% 6.26%
NAV 103.38 153.61 32.09 26.45 62.19 113.24 34.78

The company seems to be on strong wicket and presents a reasonable opportunity to investors.

  Related Link: Endurance Technologies IPO Analysis: http://www.ipoandmore.com/2016/09/28/endurance-technologies-ipo-analysis/