Au Financiers (India) Limited IPO Message Board (Page 62)

Be careful

Apply Or Avoid ?

Apply Or Avoid ?

This is 2000 karor rupees ipo retail investors will get one out of 4 applications allotment

During the year March 2017, the company sold its investment in subsidiary companies viz. Aavas Financiers (formerly known as AU Housing Finance) and Index Money and associate companies viz. M Power Micro Finance and Au Insurance Broking Services. The profit on sale of these investments of Rs 670.35 crore (Rs 516.86 crore, net of tax) is disclosed as an exceptional item. Profit after tax excluding exceptional item is Rs 325.85 crore in FY17.
If Awas was sold for 670 Cr, profit contribution from that business must be significant and excluded for future business.

Looks like cooked books for IPO and brokers touting for their bread/butter business

Also name makes it look like a china company!!! Au (Shakti kapoor may have trademark for that) hope it does not turn out like Ouch

hi egale eye madem, gamble sir and septa sir what is the next probable ipo after au please answer and also share about what is your stretgy to choose a IPO FOR APPLY
AND HOW MANY LOT

Au Financiers has beautifully manipulate all facts and figures......

Promoters sold subsidiaries of Au Financials in March 2017 viz. Aavas Financiers (formerly known as AU Housing Finance) and Index Money and associate companies viz. M Power Micro Finance and Au Insurance Broking Services. The profit on sale of these investments of Rs 670.35 crore (Rs 516.86 crore, net of tax) is disclosed as an exceptional item. Profit after tax excluding exceptional item is Rs 325.85 crore in FY17.

So their r noteworthy points from this... How much these subsidiaries were contributing to TOP and Bottom line.. as this will be missing in upcoming quators.... Also who purchased these subsidaries at this high price,,, It may be possible some PE companies may bought these who are allready invested (existing shareholder) in company. And will be benefited most by dumping the share in market.

GMP RS 85 AS markets closed

WHY PEOPLE SAY AVOID OR HIGH VALUATION. SALE IN KOSTAK @ 800 AND APLY. YOUR PROFIT IS CONFIRM. WETHER IT LIST ON PREMIUM OR DISCOUNT DOSNT MATTER.. IN WHICH INVESTMENT YOU EARN 7 DAY PROFIT RS 800 TO INVEST RS 15000. THOUGHT.

Listing gains is to be consider for some companies because they are overvalued as per PE ratio or EPS

An small investor where can he get Rs 15000 every time , he will earn money and then invest long term in good companies which he fell it is best

Investors friendly IPO after CDSL.
Apply Apply Apply

AU Finance GMP cracking up further

Kostak - 750
GMP - 84-87

Rajkumar tere broker ko boll Au 100 gmp pe bechana he kya?
Galat gmp dalana bandh karo!

Very High Valuation...One shall ignore this IPO...

AU FIN IPO
GMP 103-106

Very strange stock market. How a small company would now be a listed company. It is now confirm that India me paise ki kami nahi hai. Paisa ugane wali Kala honi chahiye.

it is not a typical small company. The biggest reason for buying would be they got the much coveted "Small Finance Bank" license from RBI. The biggest reason to avoid is that the premium they are asking is very high.
We have seen that the companies with ultra-high valuations (greedy) have a lukewarm response from the market eg (Eris life etc). So caution is necessary.

AU GMP 100-102
KOSTAK 875-900

GMP & KOSTAK RATE?

Nothing worth to praise about this company. Never heard about this in Jaipur. A simple small company ready to collect money from investors like us.

You are right, this company is making fool of investors. They have issued ipo in a time when market sentiment is high and positive so that retail investors madly investment in it. Be careful, before you invest otherwise our PM can''t do anything for you.

ye ipo bharne jesa he kya?

anyone have any idea about Ipo Financing..? If yes plz Share..!

Never do share business trading or IPO on borrows money. Always use your own spare money.

Apply Or Avoid ?