every one is saying its highly priced ,but the anchor book gets subscribed more than 14 times! what to say!!!
“At Rs850 a share, the implied valuation for the firm is 3.8 times post-issue book value (net worth) and 35 times the earnings of fiscal 2010, which appears quite expensive.”
-Pankaj Agarwal, analyst at the UK-based investment advisory firm Execution Noble.
“At Rs850 a share, the implied valuation for the firm is 3.8 times post-issue book value (net worth) and 35 times the earnings of fiscal 2010, which appears quite expensive.”
-Pankaj Agarwal, analyst at the UK-based investment advisory firm Execution Noble.
Broking firm Jaypee Capital Services has recommended to `Avoid` the issue. It believes the issue is overpriced and suggests investing after the stock lists.
The rationale is as under:
``At the lower price band, the stock is priced at 35x trailing FY10 EPS and 6.4x post issue book value. This, we believe is expensive, compared to Global MFIs which are trading in the range of 3.5-4.5x their book value. Though the company has a very robust business model, strong margin profile and return ratios and low NPAs, we believe the issue is overpriced and suggest investing after the stock lists. We recommend `Avoid` on the stock.``
today i am writing message in the name of raja bhoj but after listing of shares i will use my name as gangu taili. beacuse after listing i will be very poor and i will go to sks who will give me loan of 5000-6000 rs. for my tea stall to be opened on main road prime location.
DEAR CHITTORGARH, OF LATE, IN THIS COLUMN THERE ARE SO MANY SOCALLED IPO KINGS/QUEENS/MASTERS/ASLI/NAQLI PEOPLE WHO ARE CONFUSING/MISGUIDING THE ENTIRE INVESTING COMMUNITY JUST FOR FUN. IF SUCH THINGS CONTINUE FOR LONG, GENUINE PEOPLE WILL LOOSE FAITH IN THIS COLUMN. I HAVE COME ACROSS UNPARLIAMENTARY LANGUAGES ALSO. I REQUEST YOU TO PLEASE SEE THAT SUCH THINGS CAN NOT HAPPEN AGAIN AND AGAIN. TAKE IDENTITY OF PEOPLE IF POSSIBLE OR PHONE NUMBER ETC. AT THE SAME TIME YOU ARE GIVING EXCELLENT OPPORTUNITY FOR THE INVESTORS TO KNOW THROUGH THIS COLUMN SO MANY THINGS.
pARTICIPANTS, PLEASE DO NOT SPREAD RUMORS. THIS COLUMN IS NOT FOR FUN. IF YOU WANT FUN ONLY, GO TO OTHER SITES. DO NOT PLAY WITH OTHERS VALUED MONEY AS YOUR GOSSIP MAY GIVE WRONG DECISIONS OF OTEHRS. THANKS
respected SETU JAIN 250 AND MOTA BHAI 245 QIB TO INDIABULLS POWER KA 45 TIMES HUA THA. NICHE BUSINESS MODEL & FII INTRESTTO FCH MAIN BHI THA. HUGH OVERSUBSCRIPTION TO REL POWER MAIN BHI THA.
JAB LOSS LAGEGA LISTING PAR TO KOI QIB, FII, NICHE MODEL SHARE KO NAHI BACHATE. EVEN NHPC MAIN SAB QIB NAIN LAGAYA PAR BAAD MAIN KOI USKO BACHANE NAHI AAYA.
MORAL OF THE STORY :- OVERPRICED IPO MAIN NAHI LAGAYE
SKS anchor investor book open today already oversubscribed 15 times at higher band.......anchor investors include reputed financial institutions and fiis
sks ipo kay baad 218 pay 6 years tak trade hoga,yah share 25 paise may bhi bik sakta hi, VLS fianance ka rate 2800 tha aaj 10 pisay pay koi buyer nahi hi,finance co.kayal paper pay hoti hi inki aukat 1 paisay ki bhi nahi hoti ,bahti ganga may hath donay chala aya 985 pay ha ha ha ,yah india hi.