Zylog Systems Limited:
IPO Period: July 20 to July 25
Price Range: Rs.330 to Rs.335
Minimum Share Lot: 20 Shares
Recommnedation: Subscribe
Grade: Good - Hold on to short /Medium term
Valuations
The IPO is priced between a band of Rs.330-350. At the upper band, the company is priced at 10.5x its FY07 diluted EPS of Rs.33.36 and at 7.25x its FY08E EPS. The FY08 EPS is arrived at a conservative sales growth of 50% and net profit growth estimate of 45% against 79% net profit CAGR from FY05 to FY07
Premium: 200-220 Rs*
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment