Tarsons Products Limited IPO Message Board (Page 31)

Any GMP update?

It''s same 200-220 as 1st day response not incouraging.

Zee business Anil singhvi suggest big avoid. Be careful before applying.

App dur raho is ipo se

He also had said ignore sigachi small ipo

Tarsons Products - For those who care beyond the GMP (based on FY21 consolidated financials & post-money (top end of the price band)):

Tax Adj. RoCE (%): 20.5%
RoE (%): 25.6%

EV / Revenue (X): 15.0x
EV / EBITDA (X): 33.2x
P / E (X): 51.1x

Good industry, great company, decent growth in COVID era, great financials and a GREAT GREAT VALUATION, as well! 50x P/E for a medico supplies company which has no product, R&D, patent or scientific moat is a bit over the top for me. Comparison with leading international players in the prospectus is misleading as those are global, multi billion dollar companies with true scientific moat.

I mean, if one has to really play the story of the aging of the Indian population then there are cheaper priced pharma companies with decent return metrics, more expensively priced but better on return metrics diagnostic companies, cheaper priced but not as good in return metrics hospital companies. And 2 of these 3 categories (except pharma due strong performance during COVID times) are pretty much secular growth for the foreseeable future. Hence, whilst everything is great for this Company I feel its just too dearly priced and also I see it slowing down massively in growth as COVID has receded. The business generates good cash and hence the issue is mostly secondary with very little primary - this is not as much a concern except for the fact that the secondary sale is being done at peak valuation based on peak financial performance - perfect timing some would say!

Now to the debate of Tarson vs GoColors for self-funded HNI''s:

As is evident, I''m no fan of both these businesses at these valuations on a fundamental basis. But If I must apply to enjoy the listing pop, then based on a GMP of 200 for Tarsons / 425 for GoColors and HNI subscription of 150x for Tarsons / 300x for GoColors, gross absolute gains in INR terms are nearly the same for both. Hence, for those who stayed away from LVA, Tarsons is a must apply and for those who did apply in LVA, GoColors is a must apply because in this current frenzy both these companies may deliver a listing pop despite already being generously priced! Keep minting!

@NeoLongus

Good points 👍

Also, you should mention that Tarsons has just 6 employees in "R&D and Engineering" and just 6 in "Quality Control" .... An average of ONE of each per plant 🤣

I shall flip when it stabilizes post listing.

I tried posting a twitter link about a series of tweets about Tarsons... Makes for good reading. The Admin didn''t let the twitter link through.

I guess you all can search for it by the IPO name.

off topic query...
I hold a few allotted lots of Aditya Birla AMC and cartrade. Should I buy more to average.
If yes at what price it is safe to buy and average Aditya Birla AMC and Cartrade respectively??

@ lokes.. what i remember.. at a time of listing of car trade.. few people sledge me becaz i predict one night before that car trade share will go down.. exit as ASAP. Few people started arguing me that it will go up to 2200 level with in few days .. dat time i replied them for this you have to wait for the half of your life.. dat was just a statement i made in that heat of moment.. but its looks like my words comes true.. anywys i immediately exit on listing day.. with 2000rs token money loss.. and i never saw those guys again in this forum..

@noorul : I accept I was also proved wrong in this ☹️ never thought of this going this much down and that too one way except one bounce. Reasons might be many like whole auto sector is not doing good and didn''t participated in nifty rally in last 6 months and there are so many second hand car dealing companies so tuff competition, everyday I am seeing so many Ads in TV for other companies like OLX auto, droom, cars24 etc but didn''t saw about cartrade.

Regarding AB AMC atleast I was sure that it will go down after listing and same thing happening. I didn''t applied there.
Both of these became very dull shares.

Taraon Must Must Apply

Thank you Sir. Will apply from my all accounts.🙏

Your ipo Suggestions on Sigachi Industries locked in upper circuit, surges 270%

Hi,
Please help.
If I apply for IPO from 4 different account for 1 lot then do I need to maintain 4 times the share amount?

Yes

Company is in manufacturing disposable consumables in Medical field. Throughout the year requirement .....

Good confidence shown by employee on very first day...

GMP 180

🌟 Tarsons Products IPO
🔸Basic Details
Dates : 15-17 Nov
Price Band: 635-662
Lot Size : 22 Shares
Retail Quota: 35% (Approx.2.45L Applications)

🔸Financial Analysis FY 20-21
EPS : Rs 13.43
Book Value: Rs 47.65
PE Ratio: 49.29x

🔸GMP : Rs 180-Rs 185

Thank you KDKing🤴 Sir for your prompt reply. it was my first message on this platform , sent at 15.48 and got reply at 15.58

Thanks

hello forum members, i am super new to ipo''s. my first application was for nykaa in the retail segment, i applied one lot and got allotted, i sold it for around 2200. my question to you today is regarding allotment in the retail segment during oversubscription, at what multiple does the subscription in retail becomes a lottery system. for example a stock is subscribed 3X in rii and if i apply for 12 lots, will i get around 4 lots ?. i know that during a slight oversubscription, allotment is done using pro-rata and applicants tend to get at least 1 lot plus more lots according to how many lots they have applied.

No, it means that there are at least 3 people to get 1 lot... You have to be very lucky to get that 1 lot. Anything more than 1 lot in oversubscribed IPOs means unnecessary blocking money.

You may get more than 1 lot in IPOs subscribed less than 1 time, but it happens rarely...

You can get more than 1 lot if shares are left after giving one lot to every applicant. It depends on number of applicants. In a issue subscribed 2-3 times chances of getting more shares exist.

Dear forum members please tell me that can I apply an ipo from two different demat account by using hdfc asba for one account and other by google pay linked to the same hdfc savings account
Thanks in advance

Yes you can do if mother is Joint holder.

Yes you can do if mother is Joint holder.

How to sell application ?

Will apply from 9 accounts in retail after seeing last day subscription status and GMP.

GMP Rs 200

hello, eagleye, Please send your suggestion daily in the group about every IPO''s. Your GMP is perfect all the time. So please active & help to investors.

This is quite disappointing as 1 day delay in would have made day night difference in subscription numbers ..
Hope gmp get pasts 50%

1 day delay?

Latent view money won''t be available to apply with FF...so we might see slightly less subscription.

Latest GMP stable at 200.... 30%

On cards, looks a great company.

FullForce should be the way.

Anybody with a different opinion?

Expert GMP pls