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Personal Finance for Indian Investor => IPOs and Rights Issues => Topic started by: resh on January 31, 2013, 01:05:39 PM

Title: V-Mart Retail Review + Subscribe or AVOID
Post by: resh on January 31, 2013, 01:05:39 PM

Here are the brokerage Reviews of V-Mart Retail IPO,

ICICI Direct has the following Review and Recommendation,

Quote

At the IPO price band of | 195-215, the stock is available at 1.1x-1.2x annualised 8MFY13 post issue diluted EV/sales. We believe this pricing does not leave much on the table for investors as some of its larger peers are trading at similar multiples. Investors can stay away from the issue and monitor the company’s performance before entering the stock.