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At 48x PE, should you subscribe to IPO of this 'clean' chemical maker?


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. ....

Sumeet Shah , Astha Jain , Dinesh Gupta , Bayer Ag , Clean Science Technology , Marwadi Financial Services , Vinati Organics , Fine Organics , Clean Science , Aditya Birla Capital , Marwadi Financial , சுமீட் ஷா , ஆஸ்தா ஜெயின் , தினேஷ் குப்தா , சுத்தமான அறிவியல் தொழில்நுட்பம் , மார்வாடி நிதி சேவைகள் , நன்றாக இருக்கிறது ஆர்க்யாநிக்ஸ் , சுத்தமான அறிவியல் , மார்வாடி நிதி ,