The demanded valuation also looks reasonable. However, the bank is involved in several legal proceedings including those filed by some of the existing investors regarding the offer for sale. The verdict is pending. This may be a major deterrent for risk-averse investors. Given these factors, the issue looks more suitable for investors with a higher risk appetite.
Atul Suri bets on IT, pharma and FMCG for next six months
But the thing that really stands out for me at the moment are the things that I am working on, which takes up my time,