Go for the SNOWMAN LOGISTICS IPO apply for 300 Shares at Rs. 47 will cost you Rs. 14,100 and will increase your chances for alloment as per the New SEBI IPO Norms, Snowman has good fundamentals with Gateway Distripacks holding 48% and Mistibushisi Corp holdin 12.63% in this comany - Company has FY 2013-14 EPS of Rs. 1.96 and at Rs. 47 the PE is 25. Companys FY 2013-14 EBITDA margin was 24.48% and Net profit margin was 14.49 %, Companys debt is Rs. 90.4 Cr giving Debt to Equity Ratio of 0.72x Its in a 12000 Cr indusrty which is grwoing at 15 % - so good opportunity grab it.. For successful Allotment buy for 300 shares at Rs. 47 bhavikkshah.blogspot.in
Posted on: Tue, 26 Aug 2014 10:19:21 +0000
Trending Topics
Recently Viewed Topics
© 2015