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MT Educare IPO: Valuation appears to be over-stretched

MT Educare: Amalgamation of group entities to get a better valuation for promoters, significant offloading of anchor-investor before listing and conflicts of interest between public company and promoters’ closely-held firms make the offer suspect.

March 27, 2012 / 19:22 IST
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By VS Fernando

MT Educare: Amalgamation of group entities to get a better valuation for promoters, significant offloading of anchor-investor before listing and conflicts of interest between public company and promoters
first published: Mar 27, 2012 03:18 pm

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