Tag: ipo
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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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Vikas Ecotech – Get ‘Vikas’ for your Investments
Date: 24th Apr 2017 CMP: Rs. 21.25 Small Cap – Mkt Cap is 610 crores Industry: Specialty Chemicals Target price is Rs. 52.7 by May 2019, a growth of 143% over 25 months A High Risk but High Gain opportunity for aggressive investors Summary Overview: Vikas Ecotech is engaged in mfg. and trading of specialty…
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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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Bharat Electronics OFS – A Value BUY
22nd Feb 2017 CMP: Rs 1,510 Large Cap – Mkt Cap 33,700 crores Issue Period: 23rd Feb 2017, one day only OFS Floor Pricing: Rs 1,498/share. Retail gets a 5% discount Advice: Investors can BUY with a 2 year perspective Summary Overview: BEL is a PSU Navaratna engaged in design, mfg. and supply of electronics…
