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September 25, 2013 - September 27, 2013

Satkar Finlease IPO Review & Recommendations

Dilip Davda recommend to "Avoid" the IPO.

Satkar Finlease IPO Review Summary from brokers and analysts

Review By Apply May Apply Neutral Avoid Not Rated
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Satkar Finlease IPO Analysis By Brokers/Analysts

Reviewer Recommendation Past Reviews
Dilip Davda Avoid

Satkar Finlease IPO Review by Dilip Davda (Avoid)

[Dilip Davda]  Being exorbitantly pricing, Avoid this IPO. For 2012-13 earnings on fully diluted equity of Rs. 19.04 crore then the EPS stands at just Rs. 0.01 per share thus the asking price is at 1800+ P/E. Its NAV is at s. 65.10 as on 31.03.13 and will get diluted to Rs. 19.54 post this issue. Read detail review...

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