Aavas Financiers Limited IPO Message Board (Page 17)

For A Avas financiers

CAGR 60+
Revenue up by 36%
Profit Growing Huge...
Client base is increasing.
NPA gross less than 0.5%

What else we need for a HFCs
But wait
Come to valuations Now????
As per Buzz it's coming at 820/-
If yes
It's High Priced
I am assuming NAV at 211/- FY 19
With 4000 Millions as fresh issue
It's Priced at 4X it's BV....

Gruh is Trading at 9X
But other HFCs at 3X
HENCE one need to wait with price

IPO size 1600 Crores
Bad thing is it provides loan to Low/Medium Income People.
Hence Recovery will become a stiff Job.
All depends on Valuations.

GMPs 150 153 on Saturday.
@Rajkot

This is Septa(.) Original Septa is not having dot (.) at the end of name..

(.) Ched wale ji aap ne to itne ched kar diye , itne ched kar diye ki hum to confused ho gaye????


NiMo became NaMo
kya milavat ka zamana aa gaya
kaun original kaun duplicate
mentor ke badle guru hi ban jate yaar.

Aavas Financiers Ltd. IPO:
Promotor Group:
Lake District - 49.84%
ESCL - 24.21%
Master Fund - 10.62%
Other Shareholders:
AU Small Finance Bank - 7.09%
Sushil Kumar Agarwal - 3.89%
Kedars AIF - 1.34%
Total 54 shareholders.
AUSFB sold this company (84%) (old name AU Housing Finance ) to this private equity firm in Jan-2016 at approx Rs.1000 crores.
For current promoter group average cost per share is Rs.245 and last in Mrach 2018 shares issued at Rs.428 per share.

2018 EPS is Rs.15.86 per share
Industry highest PE 35
Lowest 16
Average 25
Fast growing company so minimum price band at 35 PE will be 555 per share as the current trends in primary market and may be upto 615 in higher side at 39 PE. So fresh issue of Rs.400 crores and OFS of Rs.1000 crores, total 1400 crores IPO.
This is my evaluation maybe different from actual announcement so let's wait and till the time any comments are welcomed.

A must avoid type

sir,

a very educated analysis.

this is an issue which is MUST AVOID FOR ALL

regards

strictly avoid, cos asking higher rate from retailer, there is no proper justification for higher rate

Aavas data -
Financials:
Earnings per Share (EPS) 2016-17 INR 11.10
Earnings per Share 2017-18 (9M) INR 15.21
Upper Price Band/last EPS: 51.18
Book Value of the Share as on 31.03.2018 INR 157.03
Upper offer price/Book Value Ratio: 5.23
Return on Net Worth: 8.46 %
Peer Comparison:
Repco Home Finance PE 34.40
PNB Housing Finance PE 49.80
Can Fin Homes PE 26.20

Its better to avoid .Highly price.

Another Grameen Koota or Indostar ( In NBFCs )

Good company
Good management
Good fundamentals

Everything good
but but but

There is a limit for everything and so the price.

Promoters gone mad after AU response.They are not able to handle success and believe investors are blind bhakts.

I was very much enthusiastic after hearing GMP but now I think this would be available at the same price of AU within a month of listing.800+ is too much.

Greedy promoters, they may spend money for Grey Market Premium on alluring investors too.

In spite of GMP this IPO must be avoided as very unreasonably high price band fixed.

Avas 170-172

Dinesh Engineers Limited - Mainline IPO - LM Hem Securities Limited - Opens on 28 September. Closes on 03 October.

ipo size plz?

I am applying this ipo grey 170 rs tonight

though the cos fundamentals are fine the pricing is too high considering the fact that FIIs got it @ 225 and promoters @ 428

now they ask for 812 from retail. be cautious.

Retail investors should avoid if price is 812 because they allotted @ 428 in March 2018. Now they asking double price from us. Shows the mentality of promoters.

I think, they are riding high on the success of au bank.

@ Chanakya NI pothi

IPO Opens on : 25 September 2018
IPO Closes on : 27 September 2018
Issue Type: Book Built Issue IPO:
Fresh issue of Rs. 400 crore and offer for sale upto 8815439 shares amount to Rs.723.75 crore, aggregating to INR 1123.75 crore
Face Value: INR 10 per share
Price Band: Per Equity Share: INR 818 to INR 821
Minimum Order Quantity: 18
Minimum Application Amt for RII INR : 14778
Listing will at: BSE,NSE

There is difference in issue size & so number of shares on offer. Admin which one is correct

Avana Logistek Limited & Indiamart Intermesh Limited approved by Sebi.

Above 6 times of Price to Book. It is very costly.
We will wait how Qib and HNI responds this issue.

Bcoz of rupees falling
Fiiis are exiting, USD strengthen
NBFC not performing
Higher asking price
Big size issue
Playing with fire who subscribe
I don't think any gain on listing
Those who want to apply they should sell in grey market and book profit

If price Band Is Near 400/- Than Ok
But Above 500 Than May Be This IPO Is Under Coution

Price band above 800 ..now what you do....

*Avoid

Purchase from Secondry Market Thats My strategy.
Batter option is secondry Market may be listing in discound

*Aavas Financiers Limited IPO update:*
Forwarded msg
Opens on: *25-Sept-2018*
Closes on: *27-Sept-2018*
Price Band: *Rs 818 to Rs 821*
Bid Lot: *18 Equity Shares* & in Multiple there after
Issue Size : *Rs 1734 Crs at upper Band*
Face Value : Rs 10/- per share
Team Edelweiss

True
Let's see how grey market respond

Aavas
Kostak 450
Market eyes 1.5 to 2X in retail

GMPs

Ircon 32 34
Aavas 153 157 No Volume

Arjunbhai , tamara reply ni rah joi rahyo chu garden ipo na page par.Aabhar.

Price band 818-821

Awas financiers Ltd
1734.07 cr
18 shares
818Rs --821Rs
14778Rs application amount.

Aavas Financiers Limited IPO - Opens on 25 September. Closes on 27 September. Price Band - Rs 818 to Rs 821. Issue Size - Rs 1734.07 crores. Retail Size - 410,695 lots.