In terms of valuation, based on annualised FY25 earnings, the company is seeking a P/E of 24.6 times. The post-issue market capitalisation is expected to be ₹701 crore, which the brokerage considers to be fairly priced.
In terms of valuation, based on annualised FY25 earnings, the company is seeking a P/E of 24.6 times. The post-issue market capitalisation is expected to be ₹701 crore, which the brokerage considers to be fairly priced.