Just Dial, India’s no.1 local search destination, is coming with the IPO of Rs. 950.11 cr. (At higher price band). The Company has First Mover Advantage in the Indian Local Search Market. It has strong brand recognition. The Company enjoys the benefit of multiple platform service on large scale. The company has well experienced senior management team. At higher price band issue is priced at 55.74 times EPS.
OBJECTIVES OF THE ISSUE
The Company will not receive any proceeds from this Offer. The objective of the Offer is to carry out the sale of 17,497,458 Equity Shares by the Selling Shareholders and to achieve the benefits of listing the Equity Shares on the Stock Exchanges.
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