Category: IPO/FPO ANALYSIS
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Security and Intelligence Services IPO
Good Growth but Expensive Date 01st Aug 2017 IPO Open 31st Jul – 2nd Aug at Rs. 805-815 Mid Cap: Rs. 6,000 cr. Mkt cap Industry – Security Services P/E: 66.5 times Advice: The IPO is rated as AVERAGE Summary Overview: SIS is a provider of private security and facility management services in India and…
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AU SF Bank IPO – Transformation Required, Valuations Stretched
Report dated 26th June IPO Open 28-30th June at Rs. 355-358 Valuations: P/E 31 times TTM, P/B 5.1 times Large Cap: Rs. 10,000 cr. Mkt cap Industry – Small Finance Bank Advice: AVOID Overview: AUB is a Jaipur based small finance bank (SFB) which operates in 3 business lines: vehicle finance; MSME and SME loans.…
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Eris Lifesciences (IPO) is Strong on B2D
Date 15th June; IPO Open 16-20th June at Rs. 600-603 Valuations: P/E 34.3 times TTM, P/B 15.4 times Mid Cap: Rs. 8,300 crore Mkt cap Industry – Pharma sector Advice: Investors can BUY with a 2 year perspective Overview: Eris is an Ahmedabad based firm that develops, manufactures and sells branded pharma products from the…
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S Chand IPO: An Educational Content Powerhouse
IPO Open 26-28th Apr at Rs. 660-670 Mid Cap: Rs. 2,328 crore Mkt cap Industry – Education Publishing P/E 36.8 times TTM Advice: Investors can BUY with a 3 year perspective Summary Overview: SCL is a 70 year old firm that delivers books, content and services in education to the K-12, higher education and early…
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CPSE ETF FFO 2 – An Energizing Offer – BUY
FFO Applications: 15-17th Mar; Listing by 7th Apr ETF has 10 PSUs; Oil and Gas heavy Raising amount: Rs. 2,500 cr. Managed by Reliance Nippon Life Asset Management Central PSEs, Exchange Traded Fund, Further Fund Offer 2 Buy with a 1 year perspective Overview: The Scheme is a further follow on issue (FFO 2) after…
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Avenue Supermarts IPO: The Mart of Choice
Date 7th Mar 2017, IPO Open 8-10th Mar at Rs. 295-299 P/E 39.9 times TTM Large Cap: Rs 18,660 crore Mkt cap Industry – Retail Advice: Investors can BUY with a 2 year perspective Overview: D-Mart is an emerging national supermarket chain, with a focus on value retailing. Total income for FY16 was Rs 8,606…
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Bharat Electronics – Post OFS Note
1st Mar 2017, CMP: Rs 1,518 Large Cap – Mkt Cap 33,900 crores OFS Retail Cut off Price: Rs 1,557/share plus a 5% discount Advice: Buy now from the secondary market at CMP Here is a post Offer for Sale (OFS) note on Bharat Electronics Ltd (BEL). About the OFS Offer OFS Application dates were…
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