Diluted EPS for FY 21-22 is Rs. 11.90 and Industry PE is around 64 as per DRHP, price band approx 225 is too low & 2000-2200 is too high. Expecting PB around Rs. 600.
Just read, Peer Company Tinken India Limited with double PAT margins available at 65PE. Price Band will be way lower than my initial guess (340 also possible)
IPO Open : 14-Sep-2022 IPO Close : 16-Sep-2022 Basis of Allotment : 21-Sep-2022 Initiation of Refunds: 22-Sep-2022 Credit of Shares : 23-Sep-2022 IPO Listing Date : 26-Sep-2022
36.1. Prasen Ipo| Link| Bookmark|
September 8, 2022 6:04:27 PM
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Retail : 35% or 10% ?
36.2. Gujju IPO| Link| Bookmark|
September 8, 2022 6:08:22 PM
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