Shemaroo Entertainment, an established integrated media content house in India, is bringing the issue at price band of Rs 155-170 a share which will turn into p/e multiple of 15-17 at post issue FY'14 eps of Rs 10.13.
Commenting on the above, GEPL Capital said, ''Considering strong growth which the company has witnessed in the number of movie releases across different languages & increasing contribution from catalog revenue we recommend Subscribe on the issue for listing gains.''
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