Price when posted : NSE: Rs. 367.70
it will zoom to 2k -3.5k within 5 yrs
But if you want to buy after 2 qrtrs of working after the issue of all the licenses then you may have to pay may be above 1000 rupee.
2 complete qrtrs at least if not 1 full year of working is needed after ALL LICENSES ARE in to put a fair price on JIO FINANCE and its future growth rate.
I see 5K in 5 years if they get licenses quickly and repeat performance like what they have done in telecom area.
I see no problem there.
MARKET VIEW
OUTLOOK
SECTORS
STRATEGY
VIEW
PERSONAL FINANCE
INSURANCE
INVEST
MUTUAL FUND
GENERAL