Yes , No Close or Ample to Ample Peer But can consider 1.AMI ORGANICS as a Peer Not a very close peer , But some of its advanced APIs over lap each other or are alternatively used.
2.And also a listed Microcap Company ARVEE Laboratories has a portfolio related toContrast Media Intermediates .
3.Vishnu Chemicals Ltd. Has a reasonable Capacity of Saccharin Sodium ( Artificial Sweetner ) where Blue Jet is the biggest manufacturer in India and Vishnu Chemicals stands at No.3
Peer Comparison ( PE ) : Blue Jet healthcare - 37.5
So I think The Valuations are Justifiable Some of its API's are Manufacturered by very small players and it's market leader . One of its API is used to make Remdesevir You know What happened in Covid
So it think 15-20 % scope left on table
19. Hrishikeh| Link| Bookmark|
October 19, 2023 11:24:49 AM
Top Contributor (500+ Posts, 100+ Likes)
840cr OFS instead of IPO 😅
19.1. Gingal| Link| Bookmark|
October 19, 2023 11:32:29 AM
Top Contributor (200+ Posts, 100+ Likes)
Aji aisa mauka fir kaha milega, hamare jaisa ______ milega... fill the blanc
GMP : 1-2 Deals done today at 35 Premium But still Can consider No Premiums as of now Kal Shayad 50 tak dikh jaye
17.1. UjwalG| Link| Bookmark|
October 19, 2023 12:38:59 PM
IPO Guru (1300+ Posts, 600+ Likes)
Basically a overhang will be there since promoter needs to reduce holdings. But on the other hand low float will also be there. Institutions can corner this. My brain says, full ofs is a thorn nowadays, public is aware of this .Premium shld melt till listing. Lets see
I never understood how you guys are calculating expected price band, valuation and wheather ipo is cheaper or expensive? Someone pls send me any book or article helpful in analysing the company fundamental
Please note , the above financials are on Standalone Basis . Console Figures are not available yet But no significant differences will be seen ideally .
Considering the Financials EPS Of 2023 Comes at approx. 9.23 Rs./- share
If It valued at a PE of 28 Times Then Share price comes at 258 Rs.
So IPO size can be around 560 cr And M.cap - 4440 cr Let's Hope there are no significant changes in Capital structure A reasonable sized issue with okok chances of allotment
6.1. IEC| Link| Bookmark|
October 18, 2023 12:16:23 AM
IPO Mentor (700+ Posts, 400+ Likes)
These are good work by @Admin @ Chittorgarh.com Bringing list of ipo who are in pipeline we should appreciate this while date declaration is not in hand of admin without any authentication.