Varroc Engineering Limited IPO Message Board (Page 19)

Today
Indostar falls 4℅
OVERALL 8 ℅ since listing
Can anyone find some reason?
I m holding 2 lots

757.2. Dhan Ki Baat Jun 5, 2018 11:12:29 AM IST I Like It. 1 | Report Abuse
Top Contributor Top Contributor (400+ Posts, 400+ Likes)
next 4-5 years earnings is already priced in; any disappointment in result will be very negative. Higher Interest Rates will lead to slower loan growth. Earnings estimates will go down. 1000 is not easy. 500 and 300 much likely...

I told on June 5, 2018 that this will come to 500. (Price when posted Rs 576)

@ Huzefa, Kindly find the link for brokerages review https://economictimes.indiatimes.com/markets/ipos/fpos/varroc-engineering-ipo-kicks-off-heres-what-top-brokerages-are-saying/articleshow/64742897.cms

*VARROC ENG LIMITED*
*1ST DAY SUBS FIGURE AT 10:13 A.M.*
QIB 0.00X
NII 0.00X
RII 0.00X
EMP 0.00X
TOTAL 67.24X
Total No.of FORMS : 275
*Apps Wise : 0.00X*

Most of the Brokerage houses are saying valuations are expensive and only high-risk investors should opt for the issue.

In indian markets high risk investors only can survive!!!!!!

Yes gamble i m gone this year. Fed wit losses. I think you werre also gone away for some time and now only i m seeing you online recently

@RAJAKUMAR
Here is the news regarding HDFC MF IPO
https://www.business-standard.com/article/markets/hdfc-mf-gets-sebi-go-ahead-for-ipo-after-nearly-two-months-on-backburner-118062501194_1.html

further in yesterday newspaper B S says that HDFC mf had alloted 1.44 million shares to 140 distributors @1050 per share with a F V of 5 each though private placement in april.
more over expected price may be between 1400-1500

Dear VIE
Thankyou

Nekanti sea food and hdfc AMC ipo approved by sebi.

Dear AnkurGoel
Where to find HDFC AMC approval

Brokerage Recommendations:-

Angel broking: Neutral Rating
Centrum Wealth: Subscribe
Icici Direct :Subscribe for long term
Hem Secuirties: Subscribe Rating

Bhai logo me jis bhi ipo m paise lagaye uski band baj gayi... HAL, Bdl Tarachand me 20% toota
Ab varroc me lagau kya

Na bhai. Stay away.

hey all legends, can uh plz suggest ne wether i should invest in varroc or not!! Plz help me!! M confused!!

If you have any doubts
You may sell on KOSTAK around 375-400 in your city
Safe play

@MriDD
there is saying in equity market
"confuse come out."

Varroc has got good list of anchor investors incl. Axis, kotak, sbi, l&t, dhfl, sundaram, noruma capital, db international, dsp blackrock etc.
One can apply for decent listing gain.

Varroc Engineering IPO:

Backed by big auto group of India (Bajaj). Good product portfolio in auto ancillary segment.
Products used for two 2-3-4 wheeler and commercial vehicles. Good client list. All over world expansion. Good growth in topline more than 15% in last four years except one year. Excellent growth in bottom line in last four years except one year.

Some interesting things in which I am bullish:
- Operate in auto ancillary sector. Sector is hot in India.
- Products for two wheeler also. In India two wheeler always shows growth. In India there are no other options than two wheeler.
- Backed by Bajaj group. HERO and HONDA both are market leaders in two wheelers in India. Both are clients of company.
- Good governance. Last year we saw listing of Endurance Technologies and price after listing. Promoter of Endurance is brother of Varroc Engineering.

If we compare on P/E basis, it is asking 30 times of earnings. It looks fully priced. If we compare it with peers then it ranging from 26 to 44. Wide range.

Recommendations:
Apply. Don't miss this opportunity. Listing gain will be less. It will over subscribe by 3 times in retail. Apply one application per account. This is big issue. Chances are more to get allotment. After listing investors should wait for 2-3 quarters. If in financial nos. shows growth for next 2-3 quarters then it will be portfolio stock like Endurance Technologies.

Yes..I am holding Endurance technology since listing..

@satoria
sir
its better if u ask this question to LM who want there issue to be subscribe. HAAhaa

list of anchor investor subscribe to this issue---
https://www.bseindia.com/markets/MarketInfo/DispNoticesNCirculars.aspx?page=20180625-54

Easy allotment
low listing gains
Trustworthy promoters
Strong Fundamentals
Valuations little bit high
My view: Apply

All GMP websites put VEL at 60-70(GMP)
Kostak 350-400

Can I sell my application of SBI bank in Kostak?

You can sell any application to any one
If someone purchase it
Your sub broker or broker will do the trade
He will sell your allotted stock on listing day
Profit/loss calculate accordingly

I want to sell on KOSTAK? Can someone guide me how to do this.

capital market ranking 45

VARROC ENGINEERING LTD
Opens On:26-Jun-18
Closed On:28-Jun-18
Face Value:Rs. 1 Per Share
Issue Size:Rs. 1945.77 Crs.
Retail Quota:35% (681.02 crs.)
Price Band:Rs. 965/- TO 967/-
Retail Discount:0.00
Minimum Lot:15 SHARES
Minimum Amount:Rs. 14,505/-
Registrar:LINK INTIME
Listing On:Bse & Nse
Retail Lots Avaliable:4,71,840 LOTS
Basis Of Allotment:03-Jul-18
Unblocking Asba:04-Jul-18
Credit Of Shares:05-Jul-18
Listing Date:06-Jul-18

One should apply for listing gain it is cheaper than its peer like mother sun sumi and another listed comnies it demand 28 pe and listed peer trade more than 40 pe so definitely give listing gain ithink so and i apply

Yess

Yes of course
What Else?
It gives me satisfaction,that atleast someone make profit from my posts
500 posts12 months
Whatever I done/doing
I advised the same
When I sold at GMP I shared
I made profit I shared
I mad loss I shared
I hear something in my city I shared
I never got paid or took single penny for/from my post
I don't/didn't want any appreciation from other participants
At last
If I got something from administrator 's end
I fill obliged
Thanks

Great, Mr Harit.

Ur Mobile number plz.