The issue is fairly priced at par with Thomas Cook. Cox & King is not a new company and they are in business for past 250 years. With the rise of disposible income more and more indians will travel abroad on holiday. India tourism market offers good grouth potential for next 10 years. Therefore I think one should apply for the IPO.
cox &KNGS IS A GOOD COMPANY N HAVE SHOWN VERY GOOD RESULTS IN THE LAST THREE QUARTERS.This an established brand in the hospitality industry and have various businesses in thir kitty.Revenur generation is assired n post IPO,the EPS may be around 10 n may be more coz they going to reduce their debts substantially thus adding to income.One should not compare to some of the recent IPOs cox they were overpriced and was clearly evident n people invested in them coz of greed n the markets too were rising.They were almost new projects n could have been evaluated from a longer prospectives.I recommend thsi IPO