Aadhar Housing Finance Limited IPO Message Board (Page 33)

AADHAR 51 BUYERS!!

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​ @sang Aap aaye ho to jarur 100+ le jayenge
Welcome sir 🤗

Apply in full force or not?

AADHAR 55 BUYERS!!

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It’ll be oversubscribed multiple times so allotment not gonna be easy.

Govisi ji,

In BHNI, maximum application so far is in TATA tech which is 1.15 lakhs application.

Assuming it reaches TATA tech number of applications in BHNI. It will still be 8x subscription application wise.

So in comparison to most IPO it is extremely good. Also, TATA tech number of application is extremely difficult given the hype at that time and also availability of funding.

Same logic goes for retail.

If you want 100% allotment in any IPO like vodafone then sorry to burst your bubbles, it's not gonna happen that frequently.

Blackstone overhang might be one reason why it can have a muted valuation relative to peers. Blackstone to preserve its fund lifecycle will have to exit in next 5 years fully (I.e. go from 85% to 0%), and may lead to fears of selling pressure for next few years.

But yes, that fear would surely be there. And I suppose it could very well be a reason for such valuation as well.

Having said this, 5 years is a long time Rohit bhai. If company performs well, then FIIs and DIIs holding and going for block deals wouldn't be an issue.

Thats good point of selling overhang by promoter .
But such companies are slow performers. Visible from rev growth also.
Such companies are beneficial over a longer period, and you will see the compounding effect.

​@IpoZINDAHAI Did You Go through the RHP?? Please share your findings
positive and negative both , really appreciated

​@Aman Goyal Ji

Will share it. I haven't yet studied it. I will be doing the same over this weekend. 🙏

Read the RHP:

Positives:
- Gross NPA Just - 1.2%
- Net NPA Just - 0.8%
- Retail loans - 100% of AUM
- 81% total loan disbursement is towards people having income upto 6 Lakhs Rs.
- Company revenue growing at decent pace 20%
- PB ratio - 2.93 as compare to average PB ratio of similar companies are above 3.5
- The segment company is catering to according to me are one of the loyal customer base who are buying their first house ever. So, they will try and repay the loan with the best of their abilities.
- Future growth also seems good because Government also wants "Pucca Houses" especially affordable housing across the nation.

Negatives:

- As highlighted above, the promoters could be selling shares of the business in future once the lock in period is over. This could surely create selling pressure. (As highlighted by
rohiitian
, this could very well be a reason for such low GMP as well as such valuation)

- Peers are growing much faster than the Company at 30-40% while company's revenue has growth by 20% only. This according to me is also one of the reason for lower valuation than peers.

As per my understanding, 20-25% gains should easily be possible. I hope I am not wrong. 😊

10-15% reward with low risk is also a good IPO to go for. Lets see how will be the market sentiments..

As mentioned above in my reading. 20-25% atleast for me is easy in this IPO. GMP also now is indicating the same.

For all we know, this IPO would be a dark horse 🐎 and I hope most people apply in TBO. So that it could be comparatively easier allotment. 😉

Solid Anchor book..

Expected few more bigger FII names but still all in all excellent anchor book..

As mentioned earlier, I will be applying full with all 30 demats in this IPO.

QIB subscription also will be good in the IPO. 😊

​@IpoZINDAHAI 30 accounts kuch jyada hogaya, hai na? 10 hamebhi dilado 🙏

Applied full force in Aadhar in BHNI.

Applied full force in TBO with few BHNi and maximum retails.

Chances of discount listing is very very less. If at all it happens. I will hold for 20-25% gains. 😊

44k QIB subscription
Extremely good chances of allotment

Have been saying from the beginning. Go FF in aadhar, this is good IPO.

In a way very Happy that those with conviction will get good allotment in this IPO. 😊😊

​@IpoZINDAHAI Applied same strategy.

Holding all 9 BHNI.

As per my analysis 10-15% more gains has to be made. 😊

Fundamentals may lag behind sometimes but sooner or later they do catch up. 😊

Max SHNI 20 x
BHNI 6 x

In this primiyam bhni max 4 time

​@Paymzia you mean BHNI 6x amount wise?

Hdfc bank is good..cut off time 3 pm HNI.. retail 4 p.m.

​@Tejas Pandya  Thank you for the response.
Server Issue to nhi rehta na isme aur kai log bolte Hidden charges bahut he HDFC me is it true ?.

​@Aniii Recently one incident during vi ipo net banking was not working.. except that I never faced any issues.. about hidden charges I didn't find any..

​@Aniii ICICI bank is also equally good. Have been using their services since very long time. Last day cutoff time for applying varies from 3 to 4 pm.

HDFC Bank is too better (4PM) for retail
Also user interface is so good and easy accessible
but you have to enter your DP Details Manually every time while applying any IPO
I have total 19 accounts in HDFC bank including HUF and minor

Go with HDFC

Prio1: Kotak (IPO can be applied till 4 PM from App (best) and Web + Active Money yield 7%)
Prio2: ICICI Bank (IPO can be applied by Web, manual entry of demat account every time + MoneyMultiplier yield 7.2%).
Avoid HDFC even if they open branch in your home itself until u are happy to park money at 3% and tolerate errors and service outages. App is useless for IPOs at least.

​@IPOFreak Does ICICI allow IPO for minors online ? Thank you.

​@IPOFreak Kotal 4pm timeline is for BHNIs as well or only for retail

​@Dukes  3 PM HNI, 4 PM RII.

​@Jay Vagheshwari Maa Sorry, I have not used it for minors hence can't say.

​@Darpan Ganganagar Rajasthan Do you apply ipos for minor using netbanking HDFC BANK ? Tomorrow I am going to open savings account in HDFC BANK. Your reply will help me a lot.

Current GMP is 130 approx 45 % (posted by one of the member) so how can it disappoint in terms of listing gains.

​@Gagz Adhar GMP 83/84 only

It was 130 but not now it is around 83-85, do not know why there is dip in the GMP..🤔🤔

Its a law of average, few good listing then few bad ones. But if you keep if for a week, then it regains the old gmp levels.