Thyrocare Technologies Ltd IPO Message Board (Page 76)

very simple multiply nav by rate of return on net worth

You have a rather unusual method of calculating fair value

Given the below data ... can any expert help me analyse what should be the valuation of Thyrocare relative to Dr. Lal ...




THYROCARE TECHNOLOGIES LIMITED
(Refer Page Nos. 101 & 102 of RHP dated 11th Apr’16)

Restated Consolidated Financial Statements:

Diluted EPS
Year Ended March 31, 2015 is Rs.8.98
9 Months ended December 31, 2015 is Rs.7.88 (not annualised)

Return on Net Worth
Year Ended March 31, 2015 is 16.20%
9 Months ended December 31, 2015 is 10.89% (not annualised)

Net Asset Value
Year Ended March 31, 2015 is Rs.54.26
9 Months ended December 31, 2015 is Rs.68.39


DR. LAL PATHLABS LIMITED
(Refer Page Nos. 99 & 100 of RHP dated 27th Nov’15)

Restated Consolidated Financial Statements:

Diluted EPS
Year Ended March 31, 2015 is Rs.11.48
6 Months ended September 30, 2015 is Rs.4.47 (not annualised)

Return on Net Worth
Year Ended March 31, 2015 is 27.85%
6 Months ended September 30, 2015 is 9.16% (not annualised)

Net Asset Value
Year Ended March 31, 2015 is Rs.57.56
6 Months ended September 30, 2015 is Rs.61.78

source ipo central

if you want to really value peers the ROE is most important it is same as what compound interest will do to ur money higher the rate better the return

A 10% rate take 7years plus to double and 20% takes 4 years to double.


same a higher return of equity

so now let compare these two the return in Dr lal is almost double which means this will also grow in double size if all other thing is same however here we find the EPS is all better in Dr lal so this will also have good effect on it future growth as it will start at a higher base.


presently Dr lal MC is approx 85 billion rupee and Thyrocare is approx 24 billion

if say the growth is half in Thyrocare compare to Dr lal my NAV would 42.5 billion less another 20% for less EPS meaning i can give it a MC of 34 Billion rupee and upside of 10 Billion which gives me a value of 632 rupee per share when the issue is offered at 446 an upside of at least Rs 185 premium of listing

This just based on RONW if i do a PE modelling the result will be more favourable price for THyrocare

a price of 748 is possible if u compare to Dr lal however that is not a fair value IMO

anyone knows about s. kumar shares? i have 2000 at 24rs

APPLY APPLY

Thyrocare GMP 202 - 205 (low volume)

eagleye ji
guide us about ttl & ujjivan''s ipo application & allotment ratio.

haha ri8 eagleye

ya sebi must stop ipo more than 15 PE

You must organise a Morcha outside SEBI HQ ... I shall join also

SEBI MUST STOP HIGH PE RATIO IPO

Yeah I agree .. SEBI must distribute free money to all of us !!!

SEBI Murdabad ... !!

Hi, can anyone tell me what is ratio of allotment of thyrocare

The Share Registrar is waiting for applications to reach them first before deciding on ration of allotment ... unfortunately they are not smart enough to decide the ratio before that

Thank you eagleye

Did anyone have any news on SEBI re introduction buy back condition on new IPO which is not got the nod from SEBI. In order to further protect RII given recent negative listing. Is this true or just a rumour

Septaji,

With due respect, I put my opinion.

Improving compliance will negative for the primary market. I don''t understand why anyone need "Safety net" for negative listing. Do they not smart enough to research before investing.

:) I agree 100% with u in regards to safety net for negative listing. But rumour is that SEBI is planning to put in place I have mention earlier I am also against it and explained in long why it is not good idea with example of just dial IPO which was an IPO with safety net. I just want to know if this real or rumour

I am travelling from Punjab to Bombay on a holiday... I don''t have netbanking. Can any one tell me how to apply for the Thyrocare IPO in Mumbai?

just use the trade on call facility....simplest way to apply an ipo....

just use the trade on call facility....simplest way to apply an ipo...

Hello,
Please let me know the Book value of Thyrocare Tec. Say if u know true.

plz inform preimum Thyrocare

THYROCARE TECHNOLOGIES LIMITED

Issue is 100% Offer For Sale for 10,744,708 Equity Shares = Rs.479.21Crs (at Upper Price Band)

Issue Breakup
A) QIB Portion 5,372,353 Equity Shares = Rs.239.60Crs
Of which
1) Anchor Investor Portion 3,223,411 Equity Shares = 143.76Crs
2) QIBs other than Anchor Investors 2,148,942 Equity Shares = 95.84Crs

B) Non-Institutional Portion 1,611,707 Equity Shares = Rs.71.88Crs
C) Retail Portion 3,760,648 Equity Shares = Rs.167.73Crs

Retail Portion 3,760,648 Equity Shares = 1,13,959 Forms (Market Lot being 33 Shares)

Equity Shares outstanding prior to the Offer and after the Offer 53,723,533 Equity Shares
Thus, Post Issue the Market Cap will be Rs.2,396Crs (at Upper Price Band)

Very small issue allotment will be difficult like Dr lal pathlabs maybe 2:10

Experts please advise ...
For 1 time subscription of Retail Portion ...

Ujjivan = 2,10,118 Forms
Thyrocare = 1,13,959 Forms

Sir ji
Ipo apply kar na chahiye nahi...
Please advise
....yes/no

I want sell my appliction thyrocare

I AM APPLYING THYRO WITHOUT ANY FEAR NO RISK

Good Decision !!!

I hope your decision will not change for the 3 hours (at least)

Eagleye, kya thyrocare k IPO me paisa lagana chahiye ya nhi....???
Aapki kya advice hai...????

How''s Fundamental of Thyrocare...?
One Should apply for IPO??

We all will test and make the share price go up. Anyway, good info khemka. Testing at home is new concept for many.