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Q.

Edleweiss capital IPO ? How is it ?

Tags: edleweiss capital ipo
Asked by Neelam, 14 Nov '07 06:46 pm
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Answers (3)

1.

EXCELLENT. GO FOR IT !
Answered by Sher, 14 Nov '07 06:47 pm

 
  
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2.

may be good
Answered by pratap, 14 Nov '07 06:47 pm

 
  
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3.

After Motilal Oswal which got listed at premium and relegare getting over subscribed by 156 times proves investors are interested in Broking firm aswell.
Most Important question is does the price band Rs.725-825 Justifies?It is slightly higher than what it should have been.With this in Mind I would rate this issue as GOOD.Reasoning are as below.
1)Strong research back up.good financial growth in the first 6 Months of FY08.
2)Though subscribed at lower level follwing Fii have taken for long term, Americorp,GPC Mauritius and sequoia capital shows the companys strength.
Another area of concern is higher Market Cap to sales ratio.16.65 as compared to 8.35 to Motilal oswal.The ratio might come down in future because of its performance.
It is also in to internal treasury operations,wholesale financing.which caters into IPO Funding,providing loan against shares and Mutual funds.
The first Five Months has been really stunning and outstanding.
If you are a long term player you should go ...more
Answered by santhosh venkataraman, 14 Nov '07 10:17 pm

 
  
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