If we annualize latest earnings and attribute it on fully diluted equity post issue, then asking price is at a P/E of around 18.47. Since this company will be the first mover in the segment, there is no average industry P/E is available.
Considering its 36% CAGR and business model it will command a P/E around 50-70 in near future which translates its price b/w 947-1326. So people got allotments keep your patience tight for atleast 1 quarter.
Gmp of route mobile is 312 - 316 rs Touch new high every day..
554. MAMU| Link| Bookmark|
September 20, 2020 8:06:06 PM
IPO Guru (1700+ Posts, 1100+ Likes)
Ahmedabad trading at 307/- Bumper listing expecting. If it will not open up by expected range of even 270/- then sureshot will affect on upcoming ipo whivh will start from tomorrow.
@552 IPO MITRA Very true observation ....Through this platform so many people earned a lot of money...& Invest their own hard earned money by trusting the experts recomendation /suggestions..Hat's off to Team chittorgarh..all mentors...IPO Guru...and top contrubutors....Thanks again...
If grey market is 310 then guys who have been alotted Congratulations. Tomorrow it is 100% going to list above (350+310) unless something really really bad happens.
It is so heartening to notice the depth and coverage of knowledge and information available in our forum. I am in constant learning despite being in stock market for last 20 years and using this platform for last 7-8 years.
We should be very proud of our forum in which folks can
- Communicate the listing price of a stock with 1000% confidence using all powerful 100% accurate GMP. - Share the range (with 100% precision) within which the stock will trade on a day. - Communicate the closing price of the stock on a day even before that day starts. - I am so enthralled to see the confidence of our folks. While writing the recommendations/suggestions...the words used are ..something "will happen" and not "may happen" - I believe that next Big Bull will be born out of our forum only where there is so much certainty even in something so uncertain like "Stock Market" which is even more uncertain in current un-predictable environment.
Only one word of caution to all of us...use this certainty and positivity judiciously and avoid unnecessary euphoria. It is your own hard earned money. Even if you lose it all.....no one will shed even a single tear.
What is the expected price to raise in 6 months ? I have applied for one lot and I have allocated with that one lot . What is the start date expected price . Can any one please answer this question in detail . I am new to market and this is first time I have applied IPO .
GMP means additional profit ? Example route mobile IPO price per share is 350. GMP of this is 300. Means first day it is expected to start in market with 350+ 300 = 650. Can anyone please respond
Yes, you got it right. GMP (Grey Market Premium) is the premium at which market punters are willing to buy in the off market segment (cash). Obviously they will not purchase the shares at a price at which they will make a loss. Most of the times Grey market buyers market predictions are correct. So tomorrow Route will open at a minimum of (350+300) Rs.
543. Eagleye| Link| Bookmark|
September 19, 2020 7:35:16 PM
IPO Guru (6600+ Posts, 21900+ Likes)