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''Subscribe'' Sharda Cropchem IPO: Hem Sec
Source: IRIS | 02 Sep, 2014, 04.43PM
Rating: NAN / 5 stars.
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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''.

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