Tag: IRCTC IPO

Date: 11th Oct, 2019 Mid Cap – ₹ 5,120 cr. Mkt cap Industry: Railway PSU IPO Price – ₹320 /share We had published an investment report  IRCTC IPO – A matter of convenience. The response to the offer was excellent, with an 112 times subscription. The IRCTC IPO lists on Mon 14th Oct. Jainmatrix Investments…

Date 29th Sep 2019 IPO opens 30th Sep -3rd Oct at price range ₹315-320/share Industry – Railways PSU Mid Cap: ₹ 5,120 cr. Mkt cap Valuations: P/E 18.8 times TTM Advice: SUBSCRIBE with a 2 year perspective  Summary Overview: Railways are undergoing a dramatic transformation to improve service levels, technology, outsource and grow faster. Subsidiaries…