Venus Pipes & Tubes Limited IPO Message Board (Page 14)

Looks at the PE ratio of campus is 385 that is so high in the correction market ,btw don't compare with Nykaa ..

@Dipendu....
PE of campus is calculated on fy 2021 EPS.
But if you approximate the Dec 2021 EPS upto march 2022.
EPS should lie between 3.5-3.75....that brings down PE to 90-97 range...in BOA itself the PE is mentioned as 101 over issue price of 292.
Don't blindly follow the PE mentioned by financial websites and apps they are using the 2021 EPS of 1.77

I think with so much negativity all around in boarder market there will b significant downfall in uhni category applications.
With only 10% GMP and wounds given by black and white Rainbow will take time to heal.. taking all this factor into sight.. my assumption uhni category allotment ratio will b 1:7

Thanks Noorul.
Still 1:10, will be very remote chance to get allotment. Hopefully SEBI gives application wise subscription of SHNi vs BHNI, so that we can plan accordingly

@Suneel..How can we use subscription figures of one IPO to estimate the Other. I may wrong but currently HNI are playing blind. So far HNIs were calculating now they are estimating and predicting..And it may work in safer IPOs like Venus.

@suneel: as avenue informed, there is no comparison between two, both are completely different kind of ipos in many ways.....campus was a established brand and with big size, with more than 30% gmp during ipo time, had good demand from QIB's and in venus, its small size and will be in t2t category and currently having less than 10% gmp so we cannot think of any similar no. of applications here like in campus. Even rainbow was having around 5-10% gmp and similar size of campus and had good fundamentals but that had very less total demand in HNI. And in t2t category ipos, mostly hni/qib demand is less and retail demand is more like in hariom pipes, hp adhesive, uma exports (except some like sigachi).

@ suneel

how you calculated 788 application, please explain

@Bhav.. Approximate way. bHNI 10% of total share (- some ) 507410, equal to 507410/46 =11030 Lots. Since each applicant will get minimum 14 lots, total successful applicants 11030/14 = 788.
I hope I am correct in my assumptions

That's right Avenue.

Buy Adani Wilmar

Buy hdfc bank and tcs

My vote is only for Venus.

I am also applying only in venus
After this rainbow listing
Ab 5% gmp wala ipo nahi chahiye

@K.Atar... I am yet to see and compare them. Still at first glance Venus is a safer bet. will apply here.
For Prudent & Delhivery... a lot depends on subscription and market sentiments. I hope they do not follow Rainbow path due to HNI distribution unclarity and imbalance. I will be careful in these two.

@Avenue, its a small size ipo (for me it is its usp) . others are comparatively larger, we have seen what happened to veranda 200 cr ipo. it flew to the moon.
Only negative seems to me is Promoter holding
More views are invited.

I am also waiting for clarity of the experts here. I am also leaning towards just Venus.

@K.Atar,
I will surely apply in Venus pipes (btw, inspite of great results, Hari om pipes corrected too much, is that a negative point here ?🤔).

Avoiding other 2 (Delhivery/Prudent) completely due to this market conditions.

Thanks

@MRavi... Yes HariOm has corrected, but most of stocks have corrected by almost same margins. Venus is safest IPO among three, relatively, though nothing can be confirmed in current times. I will apply FF only if subscription is extra ordinary.

Venus looks promising among current 3 running IPOs.. but there is twist Venus amount can't b used pardeep poshpate which also looks very attractive and eye catching. Let's see how subscription figure goes to get some idea.

@Noorul. Funds availability may not be a major issue due to HNI limit of 2 or even 10L. most HNIs will still have fund for all IPOs. Let's see...

Arrival of Paradeep has presented a healthy dilemma, which one to target, looking at the recent trend, it can be said that we should target only one ipo at a time, which one out of two is going to shine on listing day is tricky now.

@MRavi Sir, in mu opinion these times have forced everyone to protect capital at first opportunity that's why we see correction everywhere (started by FIIs). However I feel that we should also do the same, doing cherry picking and keeping risk at minimum level by taking out capital (leaving the profit in stock - only if loss is bearable in future), and exiting if situations demand so.
**People are free to make their own decision as per their investment capability.

Undoubtedly, Venus is the best among three.

@K.Atar: As, by now, it is clear that mostly are avoiding both prudent and delhivery. Regarding venus, it is good to apply as per financials and future expansion plans. No idea how mostly all companies managing to have too good financials in 6/9 months of current FY while bringing ipo.
But as per current market situation and lesser than 10% gmp, we should be careful while applying in HNI category due to 14 lots allotment. Mostly all t2t group companies are hitting UC after listing and then LC after 2-3 days but here if market conditions won't improve and no much qib demand, then it may hit LC too after listing due to selling from HNI's so lets see the final demand in qib/hni to decide to apply in which category and how many applications etc. Better don't apply too many hni applications since if allotted in multiple and listing not as expected then it can be a big blow again like rainbow. Campus was a good brand and had good gmp, so that can't be compared here to apply for too many hni applications. Rest everyone can decide as per their risk/funds/holding capacity.