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Varun Industries Limited IPO Message Board (Page 37)

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59. Ravi S Ghosh |   Link |  Bookmark | October 27, 2007 7:24:10 AM
How much should apply in varun in order to get 1-2 lots.
58. pk |   Link |  Bookmark | October 26, 2007 11:57:56 PM
Varun Industries Limited IPO is a fixed price IPO. Bidding status of fixed price IPO's are not available until they are close
57. Cutiest |   Link |  Bookmark | October 26, 2007 8:43:09 PM
is varun worth investing
56. Jigar |   Link |  Bookmark | October 26, 2007 5:36:56 PM
Anyone able to check the IPO bids received status for varun industries on NSEINDIA.COM
55. Harshraj |   Link |  Bookmark | October 26, 2007 4:46:45 PM
Varun is excellent public issue for long turm
54. Rajeev |   Link |  Bookmark | October 26, 2007 2:58:35 PM
Varun's wind plant project has been set up in collaboration with Suzlon Energy. They export stainless stell products to almost all part of the world. There pertoleum division is fast booming. Will definitely give profit to investors.
53. IPORAJA |   Link |  Bookmark | October 26, 2007 2:38:39 PM
P-NOTES BROKERAGE
Varun Industries is highly vulnerable to exchange rate fluctuations. Rupee has appreciated by 14.1 per cent over the last year. Varun Industries has a high leverage of 3.4 times and low interest coverage of 2 times, which we believe could be a major concern for the company's future plans and fund raising abilities. We also note the execution risks related to entering the Indian market. New businesses like iron ore mining and oil & gas drilling, wherein the company has no experience,” the Keynote report says.

positive is that some big broker are behind this IPO marketing so it will succeed to subscribe.
52. Rajeev |   Link |  Bookmark | October 26, 2007 2:29:33 PM
I agree with you Puneet. But the chances of allotment in Mundra will be 20% but with Varun it will be 80%. Those sitting on cash can go for both.
51. Puneet Singh |   Link |  Bookmark | October 26, 2007 1:30:48 PM
Hi friends,do u actually mean when u say this stock is hot or worst or just that u have applied for it so u r trying to make it hot?
Regarding varun industries,it was incorporated in 1989 but restructured in 1996. Last year its annual turnover was around 75 million USD and to mention,its the largest manufacturer* and exporter* of stainless steel cookware in India.
It can give 50% return on opening means u can expect a price of 90 per share on opening,but I personally would suggest you all to get ready for Mundra ports IPO as it will come out as a multibagger.

50. DevRaj |   Link |  Bookmark | October 26, 2007 1:20:34 PM
Request you to put the subscription details of Varun .

If it could do be done on daily basis for open issues then will be really thankful to you.
49. IPORAJA |   Link |  Bookmark | October 26, 2007 1:04:44 PM
Varun Industries Limited IPO is a fixed price IPO. Bidding status of fixed price IPO's are not available until they are close.
48. srinivas |   Link |  Bookmark | October 26, 2007 12:46:20 PM
where Can I find the day by day subscritpion status of this IPO, I am not able to find in www.chittorgarh.com under varunindustries IPO section, please suggest where can I find the info.
47. ipo |   Link |  Bookmark | October 26, 2007 12:10:35 PM
avoid!!!
46. purvish |   Link |  Bookmark | October 26, 2007 11:26:32 AM
good return
45. siddharth |   Link |  Bookmark | October 26, 2007 9:50:43 AM
premium on RS.90.............
this ipo looking hot
44. subramanian |   Link |  Bookmark | October 26, 2007 9:14:59 AM
money control says apply 4 star rating . apply recommendation by economic times and sp tulsian. fundamentals are good
43. Kareena Dhotiwala |   Link |  Bookmark | October 26, 2007 6:56:19 AM
Avoid Varun Industries. Hot stock tip at current price, buy Chandni Engg, a money magic will be come out in 2 months.Paisa hi paisa ayega.All the best.
42. JAIN VIVEK |   Link |  Bookmark | October 25, 2007 9:28:21 PM
it is not steel company. it exports stainless steel kitchenware and house ware items.
41. sujal |   Link |  Bookmark | October 25, 2007 7:55:41 PM
this is very good ipo
bcoz is steel company so steel is good sectore
40. sunny |   Link |  Bookmark | October 25, 2007 7:50:27 PM
what do you think will be the listing price?