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[Dilip Davda] The company rewarded investors of IPO well as it gave two free scrips and did a split of face value. However, the current market price at a P/E of around 81 and FPO pricing at a P/E of around 53 makes it an aggressively priced offer compared to peers as well as the industry average. As the coffers are empty, new investors will have to wait for long and thus similar gains are remote possibilities. There is no harm in giving this issue a miss. Read detail review...
Madhav Copper FPO Reviews, analysis and views by popular members. Read Madhav Copper Ltd. FPO reviews by retail investors to find recommended ipo to buy.
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