Anybody would like to comment on this ipo. As I am a newbie would like other forum members to comment on this,whether one can apply for the ipo.Thanks
Valuations are high in my opinion and i suggest to wait and it will surely close below the listing price.
To call the valuation ‘high’ is an understatement. The valuation is ridiculously high. You’ll be able to buy as many shares as you want much below the issue price, a few months after listing.
100% agree with Mr. chaitanyak and Mr. Vikkramm.
High Valuation
PR is around 56 at current price.
Tough Competition from Fruity, Maaza, Slice.
Mango Sip is 96% of Revenue
Private Equity players SAIF Partners and Aditya Birla are exiting at IPO Value.
I feel, we should wait. According to me, the ideal price would be anything between 100-120 for this share.