Gala Print City IPO Review & Recommendations

Gala Print City IPO Review by Dilip Davda May apply

[Dilip Davda]  <p>If we annualize these earnings and attribute to fully diluted equity post issue then asking price is at a P/E of 104 plus. Thus issue is aggressively priced.</p> <p>Merchant banker has erratic performances for its past mandates. This is 17th IPO from its stable.</p> <p>DISCLAIMER: No financial information whatsoever published anywhere here should be construed as an offer to buy or sell securities, or as advice to do so in any way whatsoever. All matter published here is purely for educational and information purposes only and under no circumstances should be used for making investment decisions. Readers must consult a qualified financial advisor prior to making any actual investment decisions, based on information published here. As SME issues have entry barriers and low preference from broking community, any reader taking decisions based on any information published here does so entirely at own risk. Author has no plans to invest in this offer.</p> <p>&nbsp;</p> <p style="margin: 0in 0in 0pt; text-align: justify;">&nbsp;</p> Read detail review...