6 Comments
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Amit Agarwal's avatar

HI skand,

Nice write-up. One aspect which you have ignored is the dividend which this company has not declared and is supposed to declare soon. As mandated PSUs are supposed to declare 30% or profits as dividend which will amount to Rs.1.10 to 1.30 and incremental in future also.

that itself would amount to a yield better than savings account even if the IPO lists at 26/-

please mail me your comments at amit264agarwal@gmail.com

would love to connect with you .

reagrds

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Bombay Duck's avatar

Thanks. Would help to know your thoughts on government spending/fisc

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Aditya Kondawar's avatar

Hi Skand, well written, we at JST investments have written something similar

https://jstinvestments.com/irfc-ipo-everything-you-need-to-know/

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Soham Das's avatar

Hi Skand, good to read your write up. I am an India based value investor and write at sohamdas (dot) in. Would love to exchange emails and get a conversation going.

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Skand's avatar

Sure. Will email you soon.

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Joe Biden's avatar

Do you still own this?

What are your incremental positives and negatives since listing?

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