Tarsons shared the price list today. Experts estimate more than 20% of listing profits

Speaking on the expected Tarsons share listing price; Abhay Doshi, Founder, Unlisted Arena, said, “The IPO of Tarsons Products Limited received a good response from the participants despite the high price tag. Strong growth prospects as well as good margins made the issue attractive. should reward investors. listing and it may be listed somewhere from 800 The 850 translates to about 20 percent profit, which is fair.”

As expected Tarson Products share price listing in bull market; Ravi Singhal, Vice Chairman, GCL Securities said, “In case of bulls, I am looking forward to share listing of Tarson Products. 845 to 920, paying premium of up to 35 per cent to the lucky bidders, who share through the allotment process.”

Nitin Shahi, Executive Director, Findoc said, “Tarson Products has a rich experience of being in business for more than 3 decades. Healthcare is the need of the hour and also they have a diversified and a very strong distribution network. Following IPOs is subscribed almost 75 times, which is quite a good number. Keeping in mind the future expansion plans of the company with experienced management support, investors should reap the benefits on the day of listing and expect around 25 to 30 per cent returns can do.”

When asked about the listing benefit from the IPO of Tarsons Products; Akhil Rathi, Vice President – Advisory, Marwari Shares & Finance Ltd. said, “Tarsons Products Ltd. is expected to list at a premium of around 30 per cent after a strong subscription to the IPO. The company’s revenues are stable and strong in FY2011. EBITDA margin has grown with a margin of 45 per cent. It offers a diverse range of labware products to various customer segments and the demand for its products is increasing. The company’s strategy to gain a foothold in existing markets and expand product portfolio is forthcoming Indicates revenue visibility across quarters. Also, it is available at fair valuation.”

Santosh Meena, Head of Research, Swastika Investmart Ltd. said, “Tarson Products has a strong financial position with very impressive margins and experienced management. The company has a strong cash flow and is expected to become debt free post IPO. Though valuations seem expensive, hence aggressive investors from long term perspective can hold this stock while those who were playing for listing gains should book profit as we are looking at around 20-25 per cent based on subscription data. Hoping for listing gains.

What does Tarsons IPO GMP represent?

According to Market Observers, Tarsons IPO is GMP Today 177, that means gray market is expecting Tarson Products share price list to be around 839 ( 662+ 177), which is about 26 percent higher than its upper price band 662 per equity share.

Disclaimer: The views and recommendations given above are those of individual analysts or broking companies and not of Mint.