2017 Eps 10.5 and Sept 2017 Eps 7.6 translates into full year it comes 15. Price band is Rs.519 to 520. So 2018 Pe ratio is 34.6. It is very good stock to accumulate at the issue price. This Issue is will reward you like HDFC Life. Apply with full force. Motilal trading at 51 pe and Geogit 50 pe, Edelweiss trading at 38. Only concern is 10% Quota for Retail Bidders. Only 2.62 lakh forms available for retail. Very tough allotment for retail.
8.1. AhireR| Link| Bookmark|
March 15, 2018 9:58:36 AM
IPO Mentor (800+ Posts, 1000+ Likes)
That is more than enough for retailers.. U won''t see subscription beyond 3-4 times in retail..