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Q.

Muthoot Finance IPO.What are the expectations?Should Buy or Not?

About: Money

Tags: money, finance, buy
Asked by honey jain, 19 Apr '11 03:26 pm
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Answers (4)

1.

The average price of promoters each share each share is Rs. 0.57,
Book value is Rs. 19 and offer price is Rs. 160/175
The company had issued bonus share to its promoters twice in ratio of 1:44,
The company has issued 2 crore share to various institutions at Rs. 123/133
Increased interest rate, new norms of CAR, negative cash flow during last three years,
Stiff competition from unorganized sector is some risky factor

Turnover, profit, market cap and RONW are double compared to its peer companies, outlook positive

- The average price of promoters each share each share is Rs. 0.57, book value is Rs. 19 and offer price is Rs. 160/175 -The company had issued bonus shares to its promoters on October 21, 2008 in ratio of 1:7 beside it had again issued bonus share to its promoters on August 29, 2009 in ratio of 7:36 shares ...more
Answered by jatin, 19 Apr '11 03:29 pm

 
  
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2.

This Company core object to lend against Gold. Now gold are trading very high due to inflation. Assume if gold shed 20-25% of its value all gold loan will became NPA reason gold loan almost cover 80-85% of the pledge gold. the cushion is only 15- 20 %........ think the condition of this scrip. take caution before investing
Answered by jaya prakash, 19 Apr '11 07:42 pm

 
  
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3.

Yes go for it crisil has giving 4 grading for this company it means above average fundemantals apply
Answered by Kuldeep Kharbanda, 19 Apr '11 04:01 pm

 
  
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4.

Average
Answered by anil garg, 29 Dec '11 11:55 am

 
  
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