Investlive

Steep valuation for loss-making brands is the current fashion of Indian capital market!

Strong fundamentals versus steep pricing

Strong fundamentals and steep discounting of industry peer Happiest Minds make the offer more attractive

IPO valuation compares well with peers though many a QSR chain’s present plight may advise caution

Sound fundamentals, growth prospects and reasonable valuation make it an acceptable offer

Creating a `value-perception’ and selling that `dream’ at a huge profit is the new paradigm invented by start-ups floated by professional-founders! When will Sebi wake up from its slumber to stop this `trading of losses’ by the scheming fatherless-motherless start-ups?

Boom-time valuation and promoter’s negative cost of holding make the offer a risky proposition.

Absurd valuation of a predominantly trading company whose bottom line turned black only on the eve of public issue and accumulated deficit is twice the equity capital defies all logic of issue pricing

Optimal pricing during equity market boom is bound to impact the stock price severely when the market takes a turn