Tarsons Products IPO listing view By Mr. Aayush Agrawal, Swastika Investmart Ltd
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Below is quote on Tarsons Products IPO listing view by Mr. Aayush Agrawal, Sr. Research Analyst - Merchant Banking, Swastika Investmart Ltd
Tarsons Products has strong financials where margins are very impressive and it also has well-experienced management. The company has a strong cash flow and it is likely to become debt-free post IPO however the valuations look expensive therefore aggressive investors with a long-term view can hold this stock while those who were playing for listing gain should book profit because we are expective some listing gain of around 20-25% based on subscription figure and grey market trend current GMP 180 (+27℅).
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