Page 14 - Astha Jain News Today : Breaking News, Live Updates & Top Stories | Vimarsana
Tatva Chintan set to become 2nd stock in July to double investor money on debut
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Tatva Chintan Pharma Chem IPO: Tatva Chintan IPO subscribed 56 times so far on Day 3; GMP spikes to 70%
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Tatva Chintan Pharma Chem IPO: Tatva Chintan Pharma Chem IPO subscribed nearly 9 times so far on Day 2
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At 48x PE, should you subscribe to IPO of this ‘clean’ chemical maker?
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Synopsis
Most analysts have ‘subscribe’ ratings on the issue, as the financial ratios of the company look strong and its shares are available at favorable valuations compared with its peers.
The company is going to list at a PE of 48.18 times with a market-cap of Rs 9,559.7 crore, while peers Vinati Organics and Fine Organics trades at 77.4 times and 75.1 times, respectively.
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NEW DELHI: Clean Science Technology, a specialty chemicals producer that will launch on offer for sale from Wednesday in the primary market, is a play on two of the most relevant themes in the current times.
India Pesticides Ipo subscription status: India Pesticides IPO subscribed 5 5 times so far on Day 3
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