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Thyrocare Technologies Ltd IPO Message Board (Page 73)

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296. IPO Bird |   Link |  Bookmark | April 24, 2016 12:28:15 PM
how to trade in Grey Market? Whome to contact?
295. Eagleye |   Link |  Bookmark | April 24, 2016 12:14:54 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
While, Thyrocare is a good punt to buy in IPO but then sell soon after listing.

Whereas, Equitas & Ujjivan are both super good quality stocks to keep in long term portfolio

That''s the advise I have been given by market experts ...
294. mehul mehta |   Link |  Bookmark | April 24, 2016 11:12:41 AM
hdfc bank icici bank allow online ipo application if demat and trading account with same bank
293. Wizard |   Link |  Bookmark | April 24, 2016 10:58:19 AM
Till what time does Canara bank and SBI allow online filing of IPO application.

I want to shift the Demat and Trading account of one of my family member from Sharekhan to either of the above mentioned brokers.

Does Sharekhan allow filing of IPO via physical application(bank linked to trading account is HDFC bank)

Thanks in advance
293.3. AnSh |   Link |  Bookmark | April 25, 2016 12:10:08 AM
If you have Canara Bank`s account, it`s pretty easy. Just give them a call on this number before 2.30 (to be on safer side) 1800-103- 1369, 022-436- 038- 71,74, 75. It hardly takes a minute
293.4. Shivajee |   Link |  Bookmark | April 25, 2016 1:39:35 AM (700+ Posts, 100+ Likes)
You mean canara bank canmoney (dmat account) or just saving account without internet banking?
292. DCC |   Link |  Bookmark | April 24, 2016 6:24:01 AM
Dear board experts,
Give ur valuable opinion
Whether retailer should apply or not.?????
(For thyrocare & ujjivan).

We always follow u so please guide retailer like me.

Have A happy Sunday.
292.1. Septa |   Link |  Bookmark | April 24, 2016 6:43:33 AM (4000+ Posts, 4600+ Likes)
Apply for both TTL & UFL
292.2. DCC |   Link |  Bookmark | April 24, 2016 7:50:04 AM
Ok boss.

Will apply
291. CLD |   Link |  Bookmark | April 24, 2016 6:11:49 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Septa ji
Comming back to my friends application submission topic I have following view.

1. Benami property act was framed for stopping black money transactions in properties. Securities is not a property but is an asset class.

2. Since transaction in IPO is taking place through banking channel as such the money trail is accounted for.

3. The transaction can be regularised through an agreement between the parties where the shares can get transfered at IPO price before listing.

4. Parties can fix some nominal consideration amount for the purpose to cover the cost of the subscriber such as DP trandaction charges etc.

5. All tax liabilities will be taken care of by the other party.

I hope it should work legally. I would request especially CAs to comment. My previous post can be seen by clicking my name.

291.2. NKD |   Link |  Bookmark | April 24, 2016 9:15:08 AM
I doubt whether the ipo allotment transferred before listing. On physical this is not possible i think. Plz confirm at your end.
291.3. Chem cho |   Link |  Bookmark | April 24, 2016 10:44:13 AM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
Applying in father mother name , separate demat separate bank and trading account

the above person is alive , online application from father mother account , sell shares in father , mother account , remove profit from bank atm
, all transactions are done by father and mother , father and mother will be taxed as per rules

i think this is regal
290. PS Rao |   Link |  Bookmark | April 24, 2016 2:14:04 AM
Let me tell you about Thyrocare. They are starting Home Pathology where samples will be collected from homes.
You book the Package Doctor will come collect Blood Urine etc. Samples from your home.
Look how convinient for Old Aged people, children etc. You don''t need to wait ar lab center for hours.
Report will be emailed.

But Pricing is bit on a high side.
Hence I will not apply. Really liked new business ideas in healthcare business.
289. Gravitas |   Link |  Bookmark | April 23, 2016 11:15:32 PM (200+ Posts)
Guys, I just realised how unbelievably cheap Thyrocare services are. Just a few months back I had some routine tests (thyroid, vitamin D, serum etc) for my wife from Apollo & today we booked TTL online for the same tests for about 1/8th cost!
289.1. Septa |   Link |  Bookmark | April 23, 2016 11:22:10 PM (4000+ Posts, 4600+ Likes)
so more upside if price is jacked up :)
289.2. Gravitas |   Link |  Bookmark | April 23, 2016 11:54:13 PM (200+ Posts)
Yeah.

TTL website- There are many packages & discounts etc.. It feels like ur shopping on any e-commerce site....I mean in a good way.
288. CLD |   Link |  Bookmark | April 23, 2016 10:44:19 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Some senior members in this forum are unnecessarily wasting their time & energy on the IPOs which have not been listed for subscription. They give their views on the assumed data which many times change before put on subscription.

Everybody will agree that the price at which the IPO is put on subscription is the only important thing around which every analysis is to be done. Any analysis before the price band is announced is of no use.

There will always be enough time for such analysis after price band is announced. I take the views of the members seriously only after price band offered is known.
288.1. Septa |   Link |  Bookmark | April 23, 2016 11:20:35 PM (4000+ Posts, 4600+ Likes)
CLD agree to disagree nothing wrong to discuss and research even if price band is still not official unofficial the price band will be around 315 -350 based on fresh issue and total number of share

this is just base on the info available we know fresh issue is approx 300 cr and total issue size is 1000 Cr so OFS is 700 crs we also know total share for sale from OFS is 19.85 million so price per share Rs 350 so it is guesstimate so price band would be 320-350 also we know all other details like EPS PE and ETC
288.2. CLD |   Link |  Bookmark | April 24, 2016 1:03:52 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
What should be or should not be is a differant matter.
It will be useful to everybody if all the analysis is done with respect to officially announced price band so that investors can take investment decision.
You can give actual comparisons with peers etc. & everybody will thus get valuable comments & suggestions from you for taking investment decision.
287. tushar |   Link |  Bookmark | April 23, 2016 10:26:29 PM
Is it 35%?
286. tushar |   Link |  Bookmark | April 23, 2016 10:25:31 PM
Eagleeye can u explain ...Retail portion of both IPOs?
285. Scanner |   Link |  Bookmark | April 23, 2016 10:08:26 PM
Thyrocare
out of TNW as on 3112015 (consolidated) amounting to Rs. 364.52 Crores , Goodwill on consolidation amounting to Rs. 106.86 Crores, which is of no use as per investors point of view. It is just an accounting jugglary. Adjusted TNW as on 31122015 is Rs. 257.66 Crores only. BV per share pre IPO is Rs. 47.98 (5.37 Crores share) per share.
if we add amount to be raised from IPO i.e. 479.21 crores in Adjusted TNW than Post issue Adjusted TNW will be Rs. 736.87 Crores than revised BV per share will be Rs. 114.30 per share.
if we apply the formula of Price to BV (with similar multiple to Dr Lal, as given in valueresearchonline), i.e. 7.65 times than Fair value for Thyrocare comes to Rs. 875 per share.
Experts septa and Eagleye are requested to correct me, if modification needed.
It has to be noted that Thyrocare enjoys better EBITDA margin and ROCE than Dr Lal.
285.1. Septa |   Link |  Bookmark | April 23, 2016 10:23:29 PM (4000+ Posts, 4600+ Likes)
I like to take both tangible and non tangible assets in my valuation I am of that school of thought.

As i mention earlier fundamental it is very very expensive price for any business model however the present thinking by so called sophisticated investor is this sector will see big increase CAGR both in top line and bottom line so given such high valuation is okay.... so better be in it and benefit in rally but have ur stop loss and move on
284. Scanner |   Link |  Bookmark | April 23, 2016 9:24:23 PM
Thyrocare

Interim Dividend paid by promoters post 31032015 till RHP publication : 37.90 Crores + 7.05 Tax on Dividend , total outflow : 44.96 Crores
Profit earned in 9 months : 40.02 Crores
Dividend as a % of Profit earned : 112.34%, which is not a healthy sign

284.1. Septa |   Link |  Bookmark | April 23, 2016 9:54:42 PM (4000+ Posts, 4600+ Likes)
it is dampener but indigo took all for short time it had negative NAV
283. Scanner |   Link |  Bookmark | April 23, 2016 9:18:45 PM
Thyrocare
As per Restated Consolidated ABS 31122015 (RHP)
Contingent Liabilities : 52.82 Crores
TNW as on 31122015 : 364.52 Crores
As a % Contingent Liabilities / TNW : 14.50%, which is a very high ratio
282. Vishnu mkn |   Link |  Bookmark | April 23, 2016 8:19:37 PM
Rental me kitne % share milange totel IPO ke
281. mehul mehta |   Link |  Bookmark | April 23, 2016 8:14:17 PM
Eagleye gmp of parag milk ?
280. Eagleye |   Link |  Bookmark | April 23, 2016 7:29:05 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Market expectation are :

Thyrocare - RII category to oversubscribe by 4,9 times (in number of forms basis)
Ujjivan - RII category to oversubscribe by 2.5 times (in number of forms basis)
280.2. Eagleye |   Link |  Bookmark | April 23, 2016 9:04:55 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
responded to your query 281
280.3. abhinavgupta |   Link |  Bookmark | April 23, 2016 11:39:28 PM (200+ Posts)
thanks
279. Viraj |   Link |  Bookmark | April 23, 2016 6:29:02 PM
IPO Mentor IPO Mentor (900+ Posts, 1100+ Likes)
pls don''t misguide about gmp..
279.1. Masterstroke |   Link |  Bookmark | April 23, 2016 9:45:14 PM
Why u said so sir? Is there something u want to tell?
278. abhinavgupta |   Link |  Bookmark | April 23, 2016 4:51:36 PM (200+ Posts)
Can anybody put some light on registrars karvy vs linkintime . which one is known for good allotment
278.3. Eagleye |   Link |  Bookmark | April 23, 2016 8:11:19 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
NIL employee quota in Thyrocare
278.4. jraj |   Link |  Bookmark | April 24, 2016 11:58:51 AM
My experience with Karvy defy the theory of probability. Never got any allotment in any recent issues managed by them.
277. tushar |   Link |  Bookmark | April 23, 2016 4:37:58 PM
Can anybody define Retail portion of both the ipo?