Varroc Engineering Limited IPO Message Board (Page 20)

GMP of VEL is 50-60
GMP of Rites is 30-32
GMP of Fine Organic is 18-20

Dear sirs,
Many thanks for your valuable services. I would like to know about the details of upcoming ipos in July 2018.
Looking for your early reply.

Varroc engineering may be subscribed for long term.... But for listing gain one has to look at the subscription figures on d last day

Industry PE is 71.23 times .

What about Varroc Apply or Avoid ?

Kya short term ke liye motherson sumi buy karna chaiye... Listing tak??

recommendations on VEL

CENTRUM BROKING

At the higher end of the price band of Rs 967, the issue is priced at P/E of 43 times (post dilution) on FY17 and 29 times on FY18 basis, which is at a discount compared to peer group average of 45.5 times in FY17 and 41.8 times in FY18, observes Centrum Broking in its IPO note.
The company has a strong clientele; the current strategy of diversifying its product base, up-gradation of technology along with any M&A opportunity could further enhance its position, the brokerage says.
"Given this along with decent balance sheet position (debt to equity 0.3 times and RoE nearly 18 per cent as of March 2018) and comfortable valuations, we suggest that investors can subscribe to the issue," Centrum says.

CHOICE BROKING

Choice Broking seems a little sceptical of the offer. The brokerage notes that the company is asking a premium valuation to its peers.
"Thus, the issue seems to be fully priced. However, considering the global market position, future strong growth outlook, low profitability and expensive valuation, we assign a 'Subscribe with Caution' rating to the issue."

ANGEL BROKING

Angel Broking too finds the valuation high as compared to its peers like Motherson Sumi, which is trading at 26.4 times. Further, VEL has lower RoE at 16 per cent against Motherson Sumi at 25 per cent (FY18), it says. The brokerage has 'Neutral' rating on the issue.

100 % listing gain...

बहुत महंगा लगता है।सोच समझ कर निवेश करें।
लम्बी अवधि के लिए लिस्ट होने के बाद निवेश करें ।
निवेश के लिए मारूति इससे बहुत अच्छा है।

लिस्ट के बाद तो ओर महंगा हो जायेगा।

आप ठीक कह रहे हैं ।महंगा हो सकता है, किन्तु confidence
and stability भी होगी ।

Thanks Aniketiaf sir for giving suggestions on Varroc Engineering. I am following your guidance and applying 10 forms

Booked some profit or not ?

Dear administrator
Is my status of TOP CONTRIBUTOR
Cancelled?
It's No longer seen on my post

Congratulations Harit !!!

Thanks
But it's not for me only
It's for our group who has faith and trust
Towards me
Made it possible

These companies atleast have some business on the ground to show, unlike the ones existing at the mercy of whimsical owners cum customers motivated by selfish ideas about dividend and bonus ripping and shareholder rip off.

Recent IPO market action shows that shit too has no dearth of buyers when sold cheap....

Company's Business is really Growth oriented.
In India. Auto parts are going to grow only as Automobiles have become a necessity rather than luxury.
Invest in the business. Growth prospects are high.

Good company with bright prospects. Issue size is big so chances are high for allotment in retail quota. I expect 3X subscription in retail.

Even if it gives 8 to 10% it is better than the issues which gives 30-40% listings with minimal allotment chances.

Evening gossip
VEL CAN GIVE YOU VERY HEALTHY RETURN ON LISTING
I don't endorse this rumor
Do your research before subscribe

what's for this IPO?...

Fine & varroc both avoid
Only RITES looking profitable for now

frnds khud decision liya kro ye aniketif n harit sb fraud h qib n hni k piche bhagte h as like retailers

Sorry Rahul
Take your own way

Go for long term .

Those who apply for listing gain, this ipo is worthwhile. It will give 100% listing gain. ????????????

Varroc kostak 350(few trading)