## Comment on The IPO Markets - Part 1

Thanks for the kind words. This is encouraging ðŸ™‚

The money doubled because of VC’s valuation.

Consider this, you go to a vegetable market and buy 250 GMS of Onions at Rs.18…going by this, how much is the value of 1 Kg of Onion? Simple calculation will give you the answer

=18/0.25 = 72

Hence, the valuation of 1 Kg of onion is Rs.72/-

Likewise, the VS is buying 14% at 5Crs, so how much is 100% of the business?

= 5Crs / 14%

=50 Crs.