SKS Microfinance ipo valuation – SKS Microfinance ipo
SKS Microfinance ipo brice band is 850 – 985 so if SKS Microfinance final issue price is Rs985 then in terms of price to book value perspective it is offering at 4.32 where book value post issue is Rs 228
and with eps of Rs24.30 and p/e of 40.52
so apply for ipo for long term and book profit at Rs1200 in 6 months.
issue is expensive but worth to apply.
Hdfc bank is trading at price to book value of 6 times