Au Financiers (India) Limited IPO Message Board (Page 59)

Very interesting, Mr Gamble has been posted some message on behalf of AU Financier on 26th June and that message is repeatedly showing on the top of the list by the Admin. Be careful, "dal main kuch Kala Lagta hai"

If someone adds comment recently on parent messages then that parent message shows up on top .
This is new feature

Take care of your hard earned money. Do not believe the manipulated facts of some agents
Good portfolio stocks are like Coal India, Hudco etc.

For retail, Some 4, 47, 500 applications will get atleast one lot (41 shares), (unless there are 10 lac applications, in that case it will be 1 out 2).
Soch Kar invest keejiye.

Some ppl seem to have vested interest, so keep pushing data/statistics.
Some one once said, Statistics is like a swimming costume, it titillates you but hides the real stuff.

Au Financiers ipo is an big issue of Rs 1912 Cr issue
Market players easily absorb issues below Rs 1000 and you get good listing gains up to 30 % above , unless there is God father to this issue you will find selling pressure even though it lists at premium
It is an good stock and worth applying I am in favour of this stock but as you see banking stock went down last three session
if you are getting it IPO price hold on and have a strict stop loss of Rs 375

30%gain karega don''t worry

Why premium fall down suddenly?

It''s going towards its fair value :D

Did you notice, company financial details were not published earlier, today only Chittorgarh published, after poor response from investors on day one. Do you believe such data? Some agent are here of the company posting on behalf of the company. Be carefull, Mr Gamble gave financial details of AU Financier''s subsidiary company AU Banking not AU Financier. It seems a company of Mrs and Mr Agarwal Family and taking the advantage of market condition. Be careful.

Yes septa sir,
We are waiting your valuable comments.

HDFC bank not showing AUBANK ipo. What is the problem?

Septa Sir...
Awaiting your valuable suggestion on this IPO.
Pls advise.

Investors are waiting for unblocking their Absa. Then pump in here.

QIB subscription need to be tracked....Today 0

.......Au small finance bank.....


@358...... PE 30,,, P/BV 5.09X


In 2017 total PBT is 504.5cr(excluding exceptional income)
In 1st half H1 PBT 264.2 cr
And H2 PBT 240.3 so.. .despite of slow down/demonetisation in NBFC space'' this didn''t affect.
because of good diversified Business and strong catch on rural area. And mainly focused on mid-small class community.

....in case of ujjivan and equitas H2 PAT decreased by 56 and 52% respectively.


.....peers......

Comparision of last yr (from 16 to 17)PAT/EPS growth

...,................PAT.............EPS

Ujjivan .......16%..............(-1.5%)
Equitas........(-4%)............(-2%)
Bajaj fin.. .....44%..............37%

AU SFB.. ... ...34%.............28%

RBL, indusind not much comparable.


Hence it is clearly seen that ujjivan, equitas failed in performing better last yr so p/bv near 2.3 is justified

....but see bajaj fin a golden share, trading P/BV 8X backed by extraordinary performance.

.......In coming yrs also AUSFC poised to grow substantially. ......

.....As of now AUSFB conducted operations through 269 branches, 121 asset centers, one central processing center and 10 offices. In addition, AUSFB plans to set up an additional 162 branches and seven central processing centers during the financial year 2018

i. e

..................................2017.........2016

Capital work
Under progress .........160cr......0.4cr

Intangible assest
Under devlop.. .............80 cr.......-......

Current Assest............4367cr.....2372cr

Current liability. ..........2760cr.. ..2372cr

Cash&BB......................624 cr.. .....123 cr


So it is justified that AU may trade near 5.7-6.2x P/BV .

i. e 70.34*5.7==400(PE 33.5)
70.34*6.2===436(PE 36.4)

LISTING Expected (imo) ::: 420 ( near 6X) or premium of 62 RS(17%)


Hugh 18347760(35%) share available for RII..and for 1 app 41 share
Thus. ...447506 forms req for 1x

So RII may subscribe by <= 2/2.2X appwise

Out of 2 ...1 will get alloted*.

Kostak rate= 750-850 last seen

..........If u sell in kostak say at 800 then indirectly u sold at only 39 premium :-(
.Not fair but yes u can always choose that option for no risk in any adverse conditions.


Concl.....

Subscribe for medIum term as well as listing gain.cause buy after suitable/fair valuation may never come :-)))

Any big dips like 200/300 points in nifty may affect but not likely to happen anytime soon imo.if not comfortable then sell in kostak and pocket whatever u get...!!

Really great analysis,

Expecting CDSL funds to be released by tomorrow.. So, on last day we will see a big jump in Retail Subscription. Expecting 3x by No of Applications.

AU SMALL FINANCE BANK LTD
Last updated on
28 Jun 2017 | 05:00:00 PM
Sr.No.      Category      No.of shares offered / reserved      No. of shares bid for      No. of times of total meant for the category
1      Qualified Institutional Buyers (QIBs)      1,04,84,434      -      0.0000
1(a)      Foreign Institutional Investors (FIIs)      -      -      
1(b)      Domestic Financial Institutions(Banks/ Financial Institutions(FIs)/ Insurance Companies)      -      -      
1(c)      Mutual Funds      -      -      
1(D)      Others      -      -      
2      Non Institutional Investors      78,63,326      5,01,348      0.0638
2(a)      Corporates      -      2,788      
2(b)      Individuals (Other than RIIs)      -      4,98,560      
2(c)      Others      -      -      
3      Retail Individual Investors (RIIs)      1,83,47,760      34,32,848      0.1871
3(a)      Cut Off      -      32,92,997      
3(b)      Price Bids      -      1,39,851      
4      Employee Reserved      10,00,000      1,32,922      0.1329
4(a)      Employee (Cut off)      -      1,30,708      
4(b)      Employee (Price)      -      2,214      
5      Reservation PortionShareholder      -      -      
5(a)      RPS (Cut off)      -      -      
5(b)      RPS (Price)      -      -      
Total      3,76,95,520      40,67,118      0.1079

Do not forget that people''s money is still stucked in CDSL..
There will be a good subscription and listing!!

AU gmp further cracking... May be punters are being cautious

Kostak - 625
GMP - 74 - 76

IPO-Ready AU Small Finance Bank On RBI’s Caution List
A day ahead of its IPO, AU Small Finance Bank has been placed under the caution list by the Reserve Bank of India to monitor the foreign shareholding of the company which is hovering around the permissible limit of 49 percent.
AU Small Finance Bank''s Rs 1,912 crore initial public offering (IPO), at a price band of Rs 355-358 per share, opens on Wednesday.
The small finance bank has already passed resolutions for increasing foreign institutional investors (FIIs) or foreign portfolio investors (FPIs) limit under portfolio investment scheme up to 49 percent of its paid up capital. FIIs, FPIs, global depository receipts, American Depository Receipts, FDI, NRIs, persons of Indian Origin (PIOs) are all the sources – who collectively are not allowed to hold over 49 percent in small finance banks in India.
The limit can be enhanced only after prior approval from the RBI.

SUMMARY
AU Small Finance Bank placed under RBI’s caution list a day ahead of its IPO.
RBI to monitor the foreign shareholding of the company which is hovering around the permissible limit of 49 percent.
The limit can be enhanced only after prior approval from the RBI.
The Rs 1,912 crore IPO, at a price band of Rs 355-358 per share, opens on Wednesday.
A day ahead of its IPO, AU Small Finance Bank has been placed under the caution list by the Reserve Bank of India to monitor the foreign shareholding of the company which is hovering around the permissible limit of 49 percent.
AU Small Finance Bank''s Rs 1,912 crore initial public offering (IPO), at a price band of Rs 355-358 per share, opens on Wednesday.
The small finance bank has already passed resolutions for increasing foreign institutional investors (FIIs) or foreign portfolio investors (FPIs) limit under portfolio investment scheme up to 49 percent of its paid up capital. FIIs, FPIs, global depository receipts, American Depository Receipts, FDI, NRIs, persons of Indian Origin (PIOs) are all the sources – who collectively are not allowed to hold over 49 percent in small finance banks in India.
The limit can be enhanced only after prior approval from the RBI.
In a notification on Wednesday, RBI said the total foreign shareholding through all sources in the company has reached the trigger limit. "Hence purchases of equity shares of this company would be allowed only after obtaining prior approval of the Reserve Bank," it said in a notification.
As per the extant rules, foreign shareholding in small finance banks is governed under foreign direct investment (FDI) policy for private sector banks. The present rule allows an aggregate foreign investment of up to 49 percent under automatic route and it can be enhanced up to 74 percent through an approval process.
The Jaipur-based AU Small Finance Bank was a non-banking finance company earlier -- AU Financiers India. It was one among the 10 entities that were given SFB license by RBI in June 2015. It started operations as an SFB in April this year.

Today very poor subscription figure because of high valuation.i think we need review of our subscription.valuation too much high be careful....

IPO GREY MARKET AND ITS WORKING

IPO Grey Market is an unofficial market where IPO applications or shares are bought and sold before they become officially available for trading on the stock exchange.

All transactions are done in cash on personal basis.

SEBI, Stock Exchange or Brokers are not involve or back these transaction.

It includes:
* Trading (selling or buying) IPO Applications at certain rate (premium) and
* Trading (selling or buying) allocated IPO shares before they list on stock exchanges.

Grey market trading is usually done among the small set of people who trust each other as there is no official platform or rules define for these trading

Terms used:
* Grey market premium: Premium amount at which IPO shares are traded on stock market before they get listed on stock exchange. It can be positive or negative based on demand and supply of stock.

* Kostak: Premium amount at which IPO applications are being traded in IPO Grey Market.
‘Kostak'' is especially for people who do not want to take risk with IPO allotment or listing gains.

Who decides Grey Market Price?
Just like stock market or commodity market trading, IPO Grey Market

Premiums are decided on basis of demand and supply.

If there are more buyers than sellers, the price goes up and vice versa.

Precaution:
As there are no regulatory bodies involved in Grey Market Trading and therefore there are no limitations on price momentum. Grey market premium may rise or fall suddenly. Of course there are no circuit filters in place.

Did you noticed, company financial details were not published earlier, today only Chittorgarh published after poor response from investors on day one. Do you believe such data? Some agent are here of the company posting on behalf of the company. Better avoid..

today is day1