IPO Period: July 12 to July 17
Price Range: Rs.62 to Rs.68
Minimum Share Lot: 100 shares
Recommnedation: Skip
Grade: Average
Expected Returns on Listing Day: Nil
Valuations: Expensive
Alpa Lab manufactures generic drugs, veterinary products & various other pharma products. The vaulations are on a bit expensive side & members can reserve the money for earning better yield in other upcoming IPOs. A clear 'Skip' call for this IPO.
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