With no listed peers and parent company (SAT Industries) trading near ATH, the market participation prospects of Aeroflex Industries looks good. It's poised well for its debut, thanks to its small issue, decent financials, and a good GMP command so far. My only concern is regarding the asking price. With a P/E of 46.3, Aeroflex is surely wearing the greed cap and hoping to take the first mover advantage in its niche. If global markets remain volatile till listing (Sep 1), there could be some jitters in this counter.
However, I'll apply with FF as allotment will be very tough. Thanks.
Always in restraint of Mrs. Crow.