Karvy is very corrupt since last 2 decade..capture all retailers cota of ipo allotment for some brokers and retailers bought them in listing at very high price only to be trapped for years....karvy should be permanently banned from ipo
11. Rkg| Link| Bookmark|
June 18, 2015 7:39:35 AM
Top Contributor (500+ Posts, 200+ Likes)
However, if we annualized these earnings and attribute to its post IPO equity then asking price is at a P/E of 85 and is at a P/BV of 6 plus making it aggressively priced offer. Although it has no listed peers and is the first to go for listing with this kind of business module, it might attract fancy, but based on its pricing, it appears to be “High Risk/Low return” bet. Management has claimed that there are very few organized players in this segment that is growing at rate of 20% plus annually and MBL has a minor market share hence it hopes for bright prospects going forward. This IPO’s BRLMs’ mandates have mixed trends on performance post listing. THESE ARE THE COMMENTS OF DILIP DEVDA AND I FULLY AGREE WITH THIS.COPY PASTED FOR READERS BENEFIT.
I think now i dont need to write anything In 2008 dhirendra singh acquired 67% shares at 2.88 Public sab janti h Avoiddddddddddddddddddddddddddddddddddd
it seems to me bit costly... i wud recommend to buy stocks, which already beaten up in market and has potential to up... indo count, Intrasoft etc .. !! refer "TheMultibagger com"
Offer Opens On : Wednesday, June 24, 2015 Offer Closes On : Friday, June 26, 2015 Price Band Rs.290/- to Rs.320/- Bid Lot 45 Equity Share & in multiples thereafter Registrar Karvy Computershare Private Limited Issue Size INR 400 Crs QIB Rs. 300 Crores - 75% of the Net Issue NIB Rs. 60 Crores - 15% of the Net Issue Retail Rs. 40 Crores - 10% of the Net Issue