Varroc Engineering Limited IPO Message Board (Page 22)

GMP : 85 - 90 ( Not Justified )

fine org : 20 - 25 ( Avoid )
RITES : 30-32 ( Apply )

Whenever such IPOs are born, the market collapses at the same time

yes

At Rs.967 it coming around 29 pe. ( 31 st March2018 Earnings Eps is Rs. 33.4)
Motherson sumi Trading at a pe of Rs. 40
Bharat Forge Trading at a pe of Rs. 48
His brother company Endurance trading at pe of Rs. 51
Book Value is Rs.212 as on Dec 2017( Nine months ended)
Motherson sumi and Bharat Forge both trading at 4.5 times of the book value.
Varroc also 4.5 times of the book value at the issue price.
His brother company Endurance is trading at almost ten times of the book value.
Attractive valuation. Qib and HNI responds this issue well.

Kostak 350 in Rajkot

Wed - 4 July - Fund Releasing
Thu - 5 July - Demat Credit
Fri - 6 July - Listing day

IPO Open : 26-Jun-18
IPO Close : 28-Jun-18
IPO Size : 1945.77 Cr (Approx)
IPO Lot Size : 15 (Minimum Lot)
Price Band : 965 - 967 Per Share
Min-Amount : 14505 (Minimum Amount)
Retail Discount : N/A
Retail Portion : 35 %
Listing On : NSE - BSE
Face Value : 1 Per Equity Share
Equity : 20221730 Share

Better to avoid such fraud IPO who want's to list IPO @ Rs. 1 face value

Dude, Your understanding with regards to face value is foolish

Bhai fv se analysis?? Aisa kaun krta hai bhai..????????

What can be the size of ipo?

F. V. RS 1 ONLY

FV doesn't matter...

One more OFS.

apply or not for listing gain ?

This message has been removed by a moderator.

????????

As on 31.3.17 Eps is Rs.27.7
As on 31st Dec 17 22.8 (Not annualized) if we anuualized it may come around Rs.30/=.
So the price may be above Rs.1000/= 30+ PE.
Its book value as on 31st Dec. 17 is Rs.212/=

Next 'Rail' IPOs in July-August

RVNL ( Rail Vikas Nigam Ltd. ) 500 cr.
IRFC ( Indian Rail Finance corporation ) 1000 cr.
IRCON -> 500 cr.

Fundamental and market share looks impressive. Let's wait for pricing