In this IPO Allotment chance is good for retailer... Last day Subscription dekhake hi apply karana sahi rahenga... This should offer around price 1350, then only it will make sense... Market already in panic state...it's seller market.. high chance of no or minimum listing gain...
March 2019 EPS is 53.At upper price band ( As anticipated around 1450 ) P/E would be 27. Industry highest P/E is 44 for Bajaj Finance & Lowest P/E is 8 for Satin. Industry Average P/E is 21 as per prospectus.
When even blue chip financial companies are also falling is there value in investing in this IPO? The whole sector is facing a downturn. Advice please.
Because if the price band is attractive & the issue size is very large IPOs are the best way of investment as the secondary is always risky. It is already proved in the recent listing gain of Indiamart IPO & this gain is huge If you look the past history of IPOs like Bandhan Bank, PNBHFL, Indigo, Dr Lals pathlab etc.
FIIs are waiting for our upcoming IPOs and it is a very good news for our Primary Market.