Unexpected market falls can''t rule out in may , us fed might going to rates hikes in June hurriedly before any Chinese bad number may stop her to do so as was in few months ago ,
Even in the case of Manpasand Beverages and Interglobe Aviation many of these people scared away retail investors but look at the listing gains that successful applicants got on listing day and beyond. Parag Milk Foods is also like an FMCG company and ratios don''t necessarily apply. It''s important to see strength of brand.
Indianshowbiz manpasand margin r five times better then parag and indigo the margin is 20 times better. This company NP margin is 2% and below the sector as a whole will re rate. So stop comparing this with other stock....
One more thing i want to add INDIGO is fastest growing company of india in terms of every prospects after eicher motor. it is positioned at number 2. Eicher motor at number 2.
Parag Milk Foods is a Consumer Value Added Products Portfolio in FMCG space uniquely positioned with Cows Milk Healthy Products with Market share in Cheese of 32% and premium priced rich Gowardhan Ghee.
Parag Milk Foods is coming with IPO at a pre IPO valuation of Rs 1600 crore as against their sales for FY 16 of over Rs 1600 crore. Less than 1 time revenue. Looks attractive.
single digit by the time issue close it will be zero AVOID even if it list at premium it will not be much operator may or may not play on this counter safe option avoid just based on fundamental.....
Do not get after 12 Rupees discount. Its like gajar shown to fleece u of ur money. Its not necessary that one should apply in every IPO. Be smart to see the game.
203.4. Eagleye| Link| Bookmark|
May 3, 2016 6:06:06 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Fully agree with you ... Septa Sir & RKS Sir
203.5. Eagleye| Link| Bookmark|
May 3, 2016 6:54:50 PM
IPO Guru (6600+ Posts, 21900+ Likes)
anoop golechha Sir,
You do not know about Septa Sir? ... surely you must be a new kid on the block !!!