no news about mudra allotment. it will be very liberal. bigshare is worst registrar i have seen. the top one are karvy and intime. please fire bigshare by writing emails to them
Investors with an appetite for risk can consider subscribing to the initial public offer of Mudra Lifestyle. The price band of Rs 75-90 values the offer at 20-24 times its annualised FY-07 per- share earnings, on a fully expanded equity base. The pricing would be 10-12 times its likely FY-08 earnings, assuming that the capex plans proceed on schedule. Our estimates factor in a strong growth in revenues on the back of significant capacity expansion and robust demand from domestic garment retailers over a two/three-year period.