Tuesday, November 23, 2010

MOIL IPO

 Govt of India is back with another IPO, MOIL is one of PSU. I will stright away come to the numbers and valuations.

 No of shares                    16,80,00,000
 Net profit                         4,66,34,60,000.00
 Total Asset                      19617194000
 CMP                               375
 Book value                      99.84
 EPS                                 27.75869048
 PE                                   13.50928281
 Price/book value              3.756009615
Industry P/E                       36
Grey market Prem             250-255

    There is lot money left on the table

... post will be updated

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