Market cap of 800crore is only twice of FY20 annualised sales,reasonable valuations- happy to buy a business which is kind of a monopoly or a restricted business with only 2x sales/mcap
Rajakumar sir & Aniketiaf sir, can I apply for listing gain only?
84.1. Aniketiaf| Link| Bookmark|
March 4, 2020 7:06:07 PM
IPO Guru (1800+ Posts, 10200+ Likes)
For me, it's a must apply IPO. Listing Gain may/ maynot be there. But In medium term, it will act like spandana finance. Very good for long term also. Thanks.
Looks like the shares offered quantity is not rightly calculated in the table of subscription, can you please check and update... 50% qib should be 2,410,254 and 35% retail should be 1,687,177 and NII should be 723,076...