Comment on The IPO Markets - Part 1

Karan patel commented on 22 Apr 2017, 01:11 AM

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Initially the Valuation of the company was Rs 5cr. At this stage the company had that much balance in their account. After the initial investments the valuation of the company became Rs 50cr. But bank balance is somewhat around. 4cr(profit from the previous work operations) .

Suppose now , promoter thinks to sell the whole company to someone else , he will sell as per valuation ?? Is it so?

Ie. Newbie will pay 50cr to the promoter and buy the whole company.

Am i right here or missing something??

Thank you very much for your articles. Your way of writing is awesome.

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