Varroc Engineering Limited IPO Message Board (Page 2)

RS 1032

I THANK ALL WHO HAVE NOT APPLIED IT WAS AGAINST MY ADVICE

WE GOT GOOD ALLOTMENT

You are amazing chem chon, one time you say ' Week hand ' and buy at 999 other time say if sell at 1042 it would been 8% profit

You first decide k kya krna hai ?

@MARKET KID
IF SOLD OR BROUGHT AT HIGH OR LOW
I AM ONLY TELLING IT WAS A VERY GOOD ISSUE AND NOW 9 % GAIND

AND 100% ALLOTMENT TO ALL WHO APPLIED

YOU REALLY MISSED IT

This message has been removed by a moderator.

thank bro

Well, avg of base and NSE listing is around 1025+ as I had expected.

Still holding 1 lot, let's see...

Thanks, IPO Calling yours Guess and Analysis is correct

Varroc GMP may b anything... But imp is this only ????


@967 m.cap 13k cr on sales 10.4k cr

.................... Varroc.......... Endurance

M.cap....... ... 13k cr........... 17.7k cr
EBITDA......... 985cr............950cr
margin...........9.6%................14%
Sales............. 10.4k cr...........6.5k cr

Ev/sales......... 1.3..................2.8
PS....................1.25...............2.7
PE....................29...................45
Ev/EBITDA...... 16..................19

PAT................451cr.............391cr
margin.......... 4.4%.............5.9%
RonW.............16%...............18%

Promotor......... 85%............82.5%


ET trading at much higher valuation due to it's superior Ebitda and PAT margin.
Varroc margin under pressure may b due to aggressive acquires, higher R&D... But it's improving gradually

So imo

13k cr - 15k cr = Attractive price = 967-1120rs
15k cr - 17k cr = Fair price.......... = 1120-1280rs
17k cr - 20k cr = sustainable w/ good margin only= 1280-1500

1500+ = let's talk after 2019's general Election



Electric vehicles are future but not near i.e within 2-5 year, so don't obsess with it!!

Plus varroc 's major portion of revenue coming frm outside India, so rising $ will also improve financials a bit

In short : imo varroc is onther MahLog in making!!!



Note : It' s not required for any stock to trade at fair price range within specific time period or ever.

Looks like ipo price indeed was attractive but RII completely missed.

1120 must be coming then!

@ MARKET KID

YOU are really a kid when it was falling it was buy at 999 or 1001

and when it was rising it was sell at 1044 - 1040 -1035 any rate

every sec time the buy /sell time change you have to learn

and not make coments like PVSH AT LIST GORCERY RATES ARE STABLE NOT STOCK MARKET

Should i Sell or hold ? If hold, then what should be the selling price ?

If u r flipper 5% is good within 7 days, FD may have taken 9 months for same 5%

Hi Gamble,
I am investor, is it good stock for long term.(4-5 years)

Consolidation between 1000-1050 expected for 2 days. Thereafter the stock will fly to 1175 levels.

Allotted with 205 Shares

Sold 200

Gain of Rs. 5k + 5 shares

Thank You freinds for valuable contributuins. Let us meet in HDFC AMC issue.

Bye Bye Varroc.

Will dbu @1015

Congrat , profit of 300 type rs

Some gentlemen here rightly predicted listing price at 1015. Thanks to them, very decent listing will hold for minimum one year,

Opened at 1022

Nse - 1015 & BSE - 1032...Why this difference?

Will dbu at 1015

1015 on NSE
1032 on BSE

Settled at 1032/-.Good. News

Pre open 1015

Good listing
NSE: 1015
BSE: 1032

65 rs up
enjoy good listing........

only 48

1015

Why fall the price????

IPO calling bhag gya