Another positive GMP seems to be a trap on the last day of subscription. The sector and the company currently for me are not even worth looking into. Staying away.
89. Romy HNI| Link| Bookmark|
March 14, 2023 12:11:15 AM
IPO Mentor (500+ Posts, 400+ Likes)
Durr se namaste
88. Romy HNI| Link| Bookmark|
March 14, 2023 12:10:09 AM
IPO Mentor (500+ Posts, 400+ Likes)
Windlas Biotech is into generics contract development & manufacturing. It is entering into Injectables which is a higher margin business. Market assigns it a P/E of 11-11.5. Here this company is asking for 18 P/E even though it is not nearly as good as Windlas. Also, I haven't read about the company but is it a CDMO or only a CMO? Disclaimer - I am holding Windlas Biotech. Disclaimer - Views are my own and in no way represent the views of my employer. This is not a stock recommendation and I am not a SEBI-registered advisor. Please do your own research before investing.
86. ipo share| Link| Bookmark|
March 13, 2023 11:33:53 PM
IPO Guru (1600+ Posts, 800+ Likes)
Market in very bad condition. Think many times before applying in this SME. Save your fund for future good IPO. Total avoid for me. Not going to apply, even if there may high/better GMP tomorrow.