Price band looks Expensive. Like Previous Rishabh, Issue size is also small.Better to invest in current market which look good after correction,instead of applying in this IPO and stuck your good amount of money
good management.but needs to be priced properly.should get it at a discount to indian hotels.or else "WE" should dump it like EMAAR MGF or WOCKHARDT....
TODAY DEMAND OF HOTELS ARE VERY MUCH BUT HOTEL SECTOR IS NOT GOOD.I WILL SUGGEST PEOPLE NOT GO FOR IT .IT IS GOOD BUT NOT SO GOOD AS INDIAN HOTELS.I WILL SUGGES YOU TO BUY STOCKS IN OPEN MARKET.STOCKS LIKE:ABAN OFFSHORE AT 950 WITH A STOP LOSS OF 900.TARGET-1250.NIFTY STRONG SUPPORT AT 4250-4350 LEVELS.THIS IPO WILL OPEN BETWWEN 300-450.SO,I WILL SUGGEST PEOPLE TO NOT GO FOR THIS IPO :-]