Sunday, March 13, 2011

PTC India Financial Services IPO Price Band seen at 26-28 -Subscribe with a long term view

The initial public offer of PTC India Financial Services starts on 16/03/2011 in the price band of 26-28.





EPS: 0.74



P/E Ratio:  37.8 times



i m recommending a subscribe view on this ipo on long term basis as pricing on current years earnings are in pe multiple of 37.8 times which is very expensive but considering the long term growth story of india.