Price Band Rs.195- RS.205/-per share. Bid Lot 65 Shares( and in multiples of 65 shares thereafter.), Face Value Rs. 10/- "At the higher price band of Rs 205, the stock is valued at ~33x its FY14 diluted EPS of Rs 6.3. Our back of the envelope calculations estimate the stock to be trading at ~16x its FY16 (E) EPS of ~Rs 13 and 7.5x its FY16 (E) EV/EBITDA. Given a) VRL’s pan India presence, b) ownership model and c) return ratios we believe, VRL is under- valued and hence there is a high probability of listing gains. Hence, we recommend “Subscribe” on VRL IPO for short term and medium term investors" Thank You
Inspire India Financial Solutions; which is one of the leading private sector in financial services from Bangalore. With an aggregate of 10000 customers as on 31 March 2015. Accomplished advisory service providers offering personalized investment advisory and financial planning services to individual investors,
Monday, April 13, 2015
Hurry Hurry.. VRL Logistics Limited. Offer Period 15th Apr 2015, Issue close- April 17th , 2015,
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment