Sharda Cropchem is bringing the issue at price band of Rs 145-156 a share which will turn into p/e multiple of 12-13 on post issue eps of Rs 11.85.
Commenting on the above, Hem Securities said, ''The company with its asset light business model, core competency in seeking registrations, global distribution network and diversified portfolio is looking attractive investment opportunity. Hence, we recommend ''Subscribe''.
Disclaimer: IRIS has taken due care and caution in compilation of data for its web site. Information has been obtained by IRIS from sources which it considers reliable. However, IRIS does not guarantee the accuracy, adequacy or completeness of any information and is not responsible for any errors or omissions or for the results obtained from the use of such information. IRIS especially states that it has no financial liability whatsoever to any user on account of the use of information provided on its website.