Punj Lloyd IPO

#1
Hi experts,

What do you make of the IPO of Punj Lloyd issue?

From a valuations perspective , it seems a bit stretched compared to its peers like L&T, HCC but they have very long relationship with clients in India and overseas. The added advantage I got to know was Rakesh Jhunjunwala has a stake in the company.

Please advise.

Thanks,
Kool
 
#2
Yesterday I had a chat with a partner in a broking firm who advised me to go for Punj Lyod vis a vis Tulip as he said it's a second L&T.The only downside was that allotments will be minimal.
 
#5
Hii all
Punj Llyod IPO looks good and is definitely a apply.However would like to know what could be the listing price expected since i want to buy on listing with a long term view of 1 year.
 
Thread starter Similar threads Forum Replies Date
M Introductions 1
P Advanced Trading Strategies 3
S Equities 4
A Equities 1
S Equities 5

Similar threads

Broker Special Offers

Intraday Higher Leverage

Save up to 90% in brokerage and get higher leverage for intraday trades.

Name:Phone:
Email:City:
State:
Are you a day trader?