Rs 70-80 would have been an attractive price for subscription. Even though the company is good, asking P/E 20 is too much. I was thinking to apply but didn't apply seeing the poor subscription. sarveshwar ka jala MMP bhi phuk phuk ke subscribe karta hai :D
31.2. COMMONMAN| Link| Bookmark|
April 4, 2018 11:44:51 PM
Top Contributor (300+ Posts, 200+ Likes)
True I Agree To You. Prsinf Should Be Such That Pe Should Be 10 Or 11 In sme this high Pe Wont sustain
Don't subscribe on seeing grey market premium, it is fake. Company is very sound but valuation are somewhat stretched. I am neutral to negative on this.
20. COMMONMAN| Link| Bookmark|
April 4, 2018 2:01:39 PM
Top Contributor (300+ Posts, 200+ Likes)
Subject to Premium Looks Fake. Asking is at PE Of 20... Company is good But Ipo Prise is High and LM is Not good That Can Support High Listing.