HomeNewsTrendsExpert ColumnsSwajas Air Charters IPO: Analysis by VS Fernando

Swajas Air Charters IPO: Analysis by VS Fernando

Notwithstanding Global Vectra’s plight (current price Rs 20 as against its IPO price of Rs 185) Swajas Air Charters vie for a price of Rs 90 to Rs 100 discounting its latest earnings 38 to 42 times! How one justifies such a steep pricing especially when the deflating rupee and rising oil seriously threaten profitability?

September 26, 2011 / 16:02 IST

26 Aug, 2025 12:21

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By V S Fernando, IPO Analyst at India Aarthik Research

Notwithstanding Global Vectra

first published: Sep 26, 2011 12:11 pm

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