What is the share price target for Lords Mark Industrie

Lords Mark Industries Limited – IPO Expected Date & Latest Developments

Lords Mark Industries is actively preparing for a public offering, with plans to raise ₹500 crore through an Initial Public Offering (IPO). The company aims to go public in the first half of 2024, pending regulatory approvals . The IPO proceeds will be utilized to bolster its subsidiaries, focusing on the development of medtech products, innovative diagnostic solutions, expansion of its pathology lab network across India, and the export of medical diagnostic products and machines .

Is Lords Mark Industries Limited Good to Buy?

The company is seen as a value play in the industrial sector, offering steady demand, but with a defensive tilt due to cyclical exposures. With enhanced production capacities and modernized operations, it is expected to deliver incremental revenue growth over the mid-term. Investors looking for a conservative industrial pick with a focus on operational efficiency may find it appealing.

Lords Mark Industries Limited Risk Profile

Overall, it has a moderate risk profile with a defensive orientation once production stabilizes. Cyclical Risk: Vulnerability to economic slowdowns in the manufacturing sector. Commodity Price Risk: Exposure to fluctuations in raw material costs. Operational Risk: Implementation of new technologies may come with initial execution challenges.