Idea Cellular IPO Any thoughts?

#1
Just wanted to know if the forthcoming Idea IPO being offered in the price band of Rs. 65-75 (tick size 90 shares) is a worthwile investment? At what P/E multiples would it be trading at the upper end and lower end of the price band? Many thanks
 
#2
Their Profits are negetive so far..Lets look forward to more data..Must trade equal to expected FY08 - 09 earnings multiples. PE can range upto 30 to 50 times and more..
 
#3
Just wanted to know if the forthcoming Idea IPO being offered in the price band of Rs. 65-75 (tick size 90 shares) is a worthwile investment? At what P/E multiples would it be trading at the upper end and lower end of the price band? Many thanks
The company though currently in profit is having brought forward losses.
Do any body have a say on this?
 
#10
U can always check about any IPO on Official NSE webSite...apart from that......Idea IPO has been over-subscribed by about 50 times.....so there are chances that small investors will get only a small part of the no. of shares they have subscribed for...but if u get ...then I m sure ur money is going to get doubled.....though I agree ..fundamentally its Balance sheet is not very strong.....but good future of telecom industry made it popular IPO.
 

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