Quote on Shriram Properties Limited IPO opens at ₹95, which is a discount of 19.5% to its issue price of ₹118 By Yash Gupta, Angel One Ltd
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Below is quote on Shriram Properties Limited IPO opens at ₹95, which is a discount of 19.5% to its issue price of ₹118 By Mr. Yash Gupta, Equity Research Analyst, Angel One Ltd
Shriram Properties Limited IPO opens at ₹95, which is a discount of 19.5% to its issue price of ₹118. Currently, the company is trading at price to book value of 1.83 times, which is attractive compared to other listing residential developers. We suggest investors to hold the stock if they have received the allotment and investor who has not received the allotment can buy at the current price.
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