June 22, 2021

IPO Review: India Pesticides Limited

N V Chandrachoodamani / Categories, Premium, Stocks / June 22, 2021

India Pesticides is launching an IPO totalling to Rs 800 crore – with fresh issue of shares worth Rs 100 crore and an offer for sale worth Rs 700 crore by the promoter group. At the upper end of the price band of Rs 290-296 the post-issue market cap of the stock on listing would be Rs3,400 crore and the post-issue price earnings ratio would be 25 times. The offer closes on June 25. The proceeds from fresh issues are planned to be utilised towards working capital requirement and other corporate purposes.

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Richer, Wiser, Happier – Ideas to emulate

Srikanth Meenakshi / General, Categories / June 22, 2021

There are few things that are so beguilingly simple yet devilishly complicated as investing in the stock market. There are but a few hundred stocks to choose from, a price to buy, and a price to sell – and that’s it. What could be simpler than that? Of course, even the slightly informed would know

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June 22, 2021

IPO Review: India Pesticides Limited

Richer, Wiser, Happier – Ideas to emulate

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