Varroc Engineering Limited IPO Message Board (Page 11)

Varroc Discount 9 rupees Due to over allotment in HNI category after spillover of retail shares

what will happen if retail fully sub. ?

Jaymin mere bhai varocc premium 8-10..!!!

Ahmadabad..!!

The market is going down for the moment, so the listing will be between Rs 850 & 900 (most probably nearer to 850). So purchase as much as possible on the first day. Since the fundamentals are excellent, the share will be between 1250 & 1300 within 3 months.

Good Joke men..!!

Premium 8-10 in Ahmadabad..!!!

Varroc 8-10..!!

Ahmedabad

It looks as a potential koi to me and at the same time, a bit risky as well.

So I took the risk and applied 1 lot yesterday, lets see howa the listing and further performance

Need guts to put in bid.retail quota just sailed through.market price will be determined by how qib &nii, thought Process pans out

Well, qib, hni as well as dii and fii will come hunting on the listing day for sure...

..Bharat forge and Endurance trade at 7x and 3x Ev / annual sales...while Varroc beggs to trade at 13,000 Cr. EV vs 10,000 Cr. sales ...

Okay ..the PAT margins may be half of what Bharat forge generates (Although Varroc betters Motherson and falls a tad short of Endurance in this regard ) .Still the market cap should be at least 20,000 Cr. if not more ..

And a still a few have been calling it expensive for the heck of it... ...lol! That's (not even) funny ...:D

@. ???????????????? Helios Online ???????????????? Atheist ????????????????

lol! Their carrom criterion points to a rather neutral stance.( high dose according to your analysis).....But then why would anyone mind the carrom being flat if they have a knack to pocket the Queen....

@Anarchist, mostly people like the carrom board flat, even they apply powder on it to make the same slippery, but most don't like the queen's @$$ flat, hence, they run about crying about flatness... and their bitter experience of one night stand!

I think it will open at around1150+

Need guts to put in bid.retail quota just sailed through.market price will be determined by how qib &nii, thought Process pans out

Guys beware, gmp is -20. do not get trapped in this ipo with some of the advices floating around here....

Check now, RII subs is almost 100% now, negating a few technical cancellations, there will be negligible spillover of allotment of shares to other categories, so why GMP low?

Thoda jaldi bta rhe ho bhai

I forgot to apply.

Oh, the same had happened to me one time when on the last day of subscription, I was checking on the subs figure, my better half came up and we did that for 1+ hour, while SBI ASBA cutoff time had passed, I was like throwing up on myself... forget and move on!

Subscription Figure decreased by 5000 shares in last half an hour on BSE (in Retial).

On NSE, it decresed by around 500 shares and then increased by almost 700 shares (in Retail).

If you have got so much patience and the eyes of a hawk, then bless you! You are ought to become a market analyst, we might see you on TV someday!

Still lot of time left till conclusion of bids in evening, but the trend shows that retail/employee/hni will remain undersubscribed... Anyway, let the offline and other misc. bids come in and check the final figures at about 7PM.

This is a fairly big issue in terms of total amount raised and given current market scenario, this was expected from rii/employee/hni, but hni could have been higher...

Good indicators are that anchor allocation was good, fii interest and QIB > 3X... DIIs FIIs might have interest to buy on listing day!

Comments?

Hmm, quite honorable subscription ending at turbulent market scenario... I was quite optimistic and applied 1 lot, let's see on listing day, I surmise listing price > 1025...

Check now, RII subs is almost 100% now, negating a few technical cancellations, there will be negligible spillover of allotment of shares to other categories, so why GMP low?

Varroc Engnieering will give better return than RITES & FINE. This is fundamentaly very strong company

till 6:45
Retail subscription is 93℅
0.93 x
I think it will oversubscribe in retail by 12:00

it will close at 10

At 19:00
QIB:9.1529
NII:2.4519
Retail:0.939
Employees:0.6493
Total:3.5894
Firm allotment of one lot is assured for all retail investors.

Subscription at 7.00PM

QIB 9.15x
NII 2.45x
RII 0.94x
Emp 0.65x

Total 3.59x

Retail
NSE
3      Retail Individual Investors(RIIs)      70,42,606      17,35,995      0.25
BSE
3      Retail Individual Investors (RIIs)      70,42,606      48,24,885      0.6851

Going to be 100% (0.25 + 0.685) in retail also.

Applied THREE Applications for Long Term Investment

Somewhere reason may be of non availability of funds due to late unblocking of Rites & Fine IPOs.
Retail investors stucked.

@Anarchist whats your view on varroc for the listing assumption.

Next week HDFC premium also start i think...!!

@ Monty Tailor

I think Varroc is a wonderful stock to own....I don't know what the retail investors might do on the listing day as they usually act hastily based on the spur of the moment fear / greed ...But again this is not the kind of stock that could disappoint the investors ...or so I'd like to believe ..

Thank men..!! highly appriciated

Any idea about gmp ????

-ve ( 20 - 25 )