Outlook and valuation: At the upper end of the price band (`245-`248), the issue is priced at 42.8x of its FY2017 earnings vs. Apollo hospitals (73.7x) and Healthcare Global (121.2x). On EV per bed, it is available on 3.8x vs Apollo (2.3x) and Healthcare Global at 2.1x. We like its growth story, better returns profile than peers and strong growth prospects ahead.
Shalby Limited
Published on 5th December 2017Related Post
KFin Technologies IPO
Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial s…
Sula Vineyards Limited IPO
Incorporated in 2003, Sula Vineyards Limited is Indias largest wine producer and seller as…
Archean Chemical Industries Limited IPO
Incorporated in 2009, Archean Chemical is a leading specialty marine chemical manufacturer…
Five Star Business Finance Ltd IPO
Incorporated in 1984, Five Star Business Finance Ltd (FSBFL) is an NBFC-ND-SI (Non-Banking…
Kaynes Technology India Ltd IPO
Incorporated in 2008, Kaynes Technology India Limited (KTIL) is a leading end-to end and I…
Bikaji Foods International Limited IPO
Incorporated in 1995, Bikaji Foods International Limited (Bikaji Foods) is among the India…
Global Health Limited IPO
Incorporated in 2004, Global Health Limited (GHL) is one of the largest private multi-spec…
Fusion Micro Finance Limited IPO
Incorporated in 1994, Fusion Micro Finance Limited (FML) is one of the youngest companies …
DCX Systems Limited IPO
Incorporated in 2011, DCX Systems Limited (DSL) is among the leading Indian players in the…
Electronics Mart India Limited IPO
Incorporated in 1980, Electronics Mart India Limited (EMIL) is the 4th largest consumer du…
KFin Technologies IPO
Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial s…
Sula Vineyards Limited IPO
Incorporated in 2003, Sula Vineyards Limited is Indias largest wine producer and seller as…
Archean Chemical Industries Limited IPO
Incorporated in 2009, Archean Chemical is a leading specialty marine chemical manufacturer…
Five Star Business Finance Ltd IPO
Incorporated in 1984, Five Star Business Finance Ltd (FSBFL) is an NBFC-ND-SI (Non-Banking…
Kaynes Technology India Ltd IPO
Incorporated in 2008, Kaynes Technology India Limited (KTIL) is a leading end-to end and I…
Bikaji Foods International Limited IPO
Incorporated in 1995, Bikaji Foods International Limited (Bikaji Foods) is among the India…
Global Health Limited IPO
Incorporated in 2004, Global Health Limited (GHL) is one of the largest private multi-spec…
Fusion Micro Finance Limited IPO
Incorporated in 1994, Fusion Micro Finance Limited (FML) is one of the youngest companies …
DCX Systems Limited IPO
Incorporated in 2011, DCX Systems Limited (DSL) is among the leading Indian players in the…
Electronics Mart India Limited IPO
Incorporated in 1980, Electronics Mart India Limited (EMIL) is the 4th largest consumer du…
KFin Technologies IPO
Incorporated in 2017, KFin Technologies Limited is a leading technology-driven financial s…
Sula Vineyards Limited IPO
Incorporated in 2003, Sula Vineyards Limited is Indias largest wine producer and seller as…
Archean Chemical Industries Limited IPO
Incorporated in 2009, Archean Chemical is a leading specialty marine chemical manufacturer…
Five Star Business Finance Ltd IPO
Incorporated in 1984, Five Star Business Finance Ltd (FSBFL) is an NBFC-ND-SI (Non-Banking…
Kaynes Technology India Ltd IPO
Incorporated in 2008, Kaynes Technology India Limited (KTIL) is a leading end-to end and I…
Bikaji Foods International Limited IPO
Incorporated in 1995, Bikaji Foods International Limited (Bikaji Foods) is among the India…
Global Health Limited IPO
Incorporated in 2004, Global Health Limited (GHL) is one of the largest private multi-spec…
Fusion Micro Finance Limited IPO
Incorporated in 1994, Fusion Micro Finance Limited (FML) is one of the youngest companies …
DCX Systems Limited IPO
Incorporated in 2011, DCX Systems Limited (DSL) is among the leading Indian players in the…
Electronics Mart India Limited IPO
Incorporated in 1980, Electronics Mart India Limited (EMIL) is the 4th largest consumer du…


