Security and Intelligence Services (India) Ltd IPO Message Board (Page 37)

1. Krishna Kishore | Link | Bookmark | July 22, 2017 2:23:46 AM

The object of the issue are:

1. Repayment and pre-payment of a portion of certain outstanding indebtedness availed by the Company
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Just avoid this IPO. Better IPOs are coming from August.
Avoid.. Avoid.. Avoid

2.1. Ankitxyz | Link | Bookmark | July 22, 2017 4:45:21 AM (300+ Posts, 300+ Likes)

SIS PE 72.58 (At price band of Rs.810)
Quess Corp PE 125

PE of SIS shows that the IPO is reasonably priced. As far as the purpose is concerned, the purpose was there in case of Quess Corp still it is trading at around 190% profit over issue price

2.2. Ankitxyz | Link | Bookmark | July 22, 2017 4:47:53 AM (300+ Posts, 300+ Likes)

SIS PE 72.58 (At price band of Rs.810)
Quess Corp PE 125

PE of SIS shows that the IPO is reasonably priced. As far as the purpose is concerned, the same purpose was also there in case of Quess Corp still it is trading at around 190% profit over issue price