Hindustan Media promoters were Issued shares at 650 Rs per share in Jan2010.It has a profit of 4.9 Cr for 9 months ending Dec2009.HM ventures is trying to raise 300 Cr.That means with an EPS of approx 13 it is demanding a PE of 50 assuming shares are issued at 650.
ONE CAN UNDERSTAND THE CLASS OF A COMPANY HAVING REGD OFFICE AT FAIRDEAL HOUSE (GODOWN TYPE BUILDING). THERE MAY BE ATTRACTION IN GREY MARKET DUE TO BASE AT AHMEDABAD.
Humnay ise form may pada tha public ko lootnay kay liya NHPC walo ko phasi do, kiya unko phasi day de gai hi. Ya woh log jangal may loot paat ke koi yojna bana rahay hi.
Dear Sreedhar, It's smart! Really smart! I reiterate what I have already commented! How I wish I were your neighbour! Keep going! I want to enjoy your success!
Never enter a amdavad company if you have hard earned money.remember the fate of one company that came 2 months back. There is always a satta in this ipos and they are sucking hard earned money of poor investors. Beware.