Your view on Syngene (Biocon's) IPO

raj_hpking

Well-Known Member
#1
Hi,

What are your views about Syngene (Biocon's) IPO.
 

rkkarnani

Well-Known Member
#2
It has mixed response from Analysts. Most recommend to Apply in IPO, where as a few say the IPO is good but priced a bit higher!
Considering its from Biocon stable, it should list at a premium.
 
#3
This IPO has received positive reviews from almost all major brokerage houses, except Angel Broking. Their contention that it is highly priced is laughable as they compare it with foreign options where we can not invest.

Some have compared SYngene opportunity to Infosys.
 

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