Diluted Eps 12 as on 31 March 19 and 11 as on Sep 19 translate into full year may be Rs22 RONW is 15 as on Sep 19 NAV 123 as on Sep 19 So pe is 13.5 times is good. First look it is good. Lets wait and see how subscription takes place. Debt equity ratio 1.06 as on Sep 19 is also good.(RHP 215)
39. AhireR| Link| Bookmark|
February 28, 2020 11:44:14 AM
IPO Mentor (800+ Posts, 1000+ Likes)
EPS FOR FY 17-18 13.45 EPS FOR FY 18-19 12.35 EPS FOR 6M 19-20 11.3 BOOK VALUE 123.74 PE for 6 moths eps turns out to be 26.54(without considering half year earnings) P/B VALUE 2.42 No peers to compare. I think it's a very nicely priced ipo BUT it won't attract a good subscription reasons 1. SBI cards will absorb all the liquidity. 2.Even if SBI cards doesn't get good subscription then it means corona ka rona.. In both ways it is disturbing to antony.. I look this as an opportunity to invest in antony. This is my own perception. Do your own analysis.
@Pandit ji, with all due respect, there is no GMP started yet, so would you please let us know on what basis it is going to give us listing gains?
32.3. Pandit Ji| Link| Bookmark|
February 27, 2020 3:42:41 PM
Top Contributor (400+ Posts, 200+ Likes)
@Techuser
It's a very small issue, gmp will start soon, once the price band is announced, as it's a very small issue, promoters may not be interested in advertising much, good to issue for listing gains,
Ok lets hope for the best anyways, lets hope we can make some good profit in the month of March, as there are a few promising IPOs in the list already!
This will be good IPO for LISTING GAIN. This sector and buisness model will boom in INDIA. Also see the size of IPO is 300 cr. Wait for price band ... It will be good to subscribe.
31.1. Paymzia| Link| Bookmark|
February 27, 2020 1:52:16 PM
IPO Guru (2300+ Posts, 4400+ Likes)
Good one as of now no one there in listed space. Bright future. Price band may be between 260 to 300 .