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Indian Bank IPO

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  #1  
Old 10th February 2007, 09:42 PM
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Default Indian Bank IPO

Guys indian bank is comimg to IPO .
I want to have ur opinion on that IPO.
Is it worth buying those shares, if not now whether in future is it useful.
Thanx in advance for replies .
please help me guys i am a beginner
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  #2  
Old 10th February 2007, 11:31 PM
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Default Re: Indian Bank IPO

Indian Bank Is Not A Bad Bank . Right Now The Intrest Rates Are Going Upward, But Unfortunately Psu Banks Cant Hike Their Rates So There Is Some Uncertanity In The Market About Banks .if U Want To Invest In Banks Pvt Banks Is The Best Option ,invest In Good Small And Medium Cap Pvt Sector Banks.
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  #3  
Old 19th February 2007, 06:05 PM
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Default Re: Indian Bank IPO

Indian bank subscribed 32 times

Will open in range of 125 - 130

FY07 Diluted EPS Rs 17
FY08 Diluted EPS Rs 21

One year Target Rs 170
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