@ khushbir singh that means listing gain of 16.67 to 25 %.But there is a cap of 5% as circuit limit.only in case stock move in pre opening session then only above price may be achieved otherwise not.moreover for first 10 trading session it will be in T group with 5 % circuit limit.lets see how it will list.
@ JAI MATA DI EVEN IF WE CONSIDER THE DEBT REPAYMENT OF 580 LAKH FROM IPO PROCEEDS IT INTEREST COST WILL BE REDUCE BY RS 55.1 LAKH WHICH FURTHER LOWER THE PE AT 14.93. LETS SEE HOW IT LISTS. HAPPY INVESTING...
Every thing possible on listing because it is relative concern of mahickra chem. Both promoters are related. It is more bigger than mahickra chem. Both are in same bussiness. Mahickra trading on very very high P.E. mahickra came on 37 P. E. at rs 25. And UCCL came at 18 P. E post issue. So see what happen.
AVOID. MEGHMANI ORGANICS one of the largest in the world with multiple times topline than ushanti is available at 10 P.E, WITH 10 years of listing record. Ushanti at 16-18 P.E. Fundamentally it is big avoid. If there is something fishy than GOD knows, anything can happen on listing.
Completely agree with you AKMP. This company is nothing in front of MEGHMANI, BODAL. One can compare this company with DYNAMIC INDUSTRIES which is available at 9 P. E. DYNAMIC INDUSTRIES revenue is almost double than USHANTI. Both are manufacturers of dye chemicals.
Completely agree with you AKMP. This company is nothing in front of MEGHMANI, BODAL. One can compare this company with DYNAMIC INDUSTRIES which is available at 9 P. E. DYNAMIC INDUSTRIES revenue is almost double than USHANTI. Both are manufacturers of dye chemicals.
i dont agree. Even if i calculate their land value it justifies and should have higher market cap With land of 3000sq. mt, at Vatwa & 75000sq. mt land at Saykha, the company's enterprise value is around Rs 45-50 crore
@ jonny I already applied for 1 lot on day one itself. I will not wait with oversubscription data.see my comment earlier. If i satisfied with valuation i will apply otherwise not applied