The exchange that hosts most of our trading is finally listing. NSE is seeking a valuation of up to Rs 5.26 lakh crore, pitching shares between Rs 2,000 and Rs 2,100 to large investors during a global road show. That makes it India’s biggest ever public issue, ahead of Hyundai Motor India.<\/p>\n
Understand the structure before you apply. The entire issue is an offer for sale, so no money reaches the company, and it comes after a year when profit fell about 15 per cent to Rs 10,302 crore. Existing owners like LIC and other institutions are selling into strong demand.<\/p>\n
The business itself is remarkable, with margins near 55 per cent and returns on equity above 30 per cent. But price decides your return. At roughly 48 times earnings, much of the good news is already paid for. So apply with a small amount and a long holding view.<\/p>\n","protected":false},"excerpt":{"rendered":"
The exchange that hosts most of our trading is finally listing. NSE is seeking a valuation of up to Rs 5.26 lakh crore, pitching shares between Rs 2,000 and Rs 2,100 to large investors during a global road show. That makes it India’s biggest ever public issue, ahead of Hyundai Motor India. Understand the structure… Read More »Should you buy into the biggest stock market listing India has ever seen<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-4913","post","type-post","status-publish","format-standard","hentry","category-ipo"],"_links":{"self":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/4913","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/comments?post=4913"}],"version-history":[{"count":2,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/4913\/revisions"}],"predecessor-version":[{"id":4915,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/posts\/4913\/revisions\/4915"}],"wp:attachment":[{"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/media?parent=4913"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/categories?post=4913"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/maxiomwealth.com\/askguru\/wp-json\/wp\/v2\/tags?post=4913"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}