Hello Harit, I would recommend Sandhar Technologies and below are the reason: - 1) Two-wheeler market is booming and it is likely to be so in this year as well, hence it will directly benefit ancillary companies like Sandhar. 2) The results are good to excellent in 2 wheeler industry from last 1 to 1.5 years and likely to be so in future. Every major company Hero, TVS, Honda, bajaj, Yamaha have grown. 3) The client list of company is excellent and being an OEM manufacturer they will be in market for long time. 4) If you say you have got 1 shot, then avoid PSU IPO''s, they have mixed history.
Think twice and don''t go ahead just because of suggestion. If I were you I would 50% in Sandhar and 50% in ICICI securities to avoid any troubles. Both of them look really good. Hope this helps!
Dear Harit Bandan Bank it is costliest IPO even then you can apply because Qib subscribed 1.2 times even at first day itself. It seems it will subscribe above 30 times. If qib subscribes above 30 times means you can apply. Sandhar is very good auto component company. Now we cannot judge by good company by its financials. Qib and Hni subscribes well then it is a good company for listing gainers. For you, Bandhan is closing on 19th on the same day Sandhar opens. So you cannot know how sandhar subscribe by QIB and HNI. My prediction is Bandhan Bank fund can be used for ICICI. So you go with Bandhan If Qib Subscribes above 30 times
@rajakumar Thanks But if u check my earlier post I sold it @650*8 So I have submitted already Now I have room for 10 lots max. I have to take call for that funds
Dear Harit Then you go for Sandhar if Qib and HNI participates well. My prediction is ICICI also good. Dont look 2017 results. 2017 result it coming at a pe of 49. But 2018 results it coming at a pe of 34 is very good. Because it will list new financial year. Here also we must consider only if Qib and Hni subscribes well.
Bandhan Bank Limited IPO Latest Subscription Figures as on Second Day @ 03:20 PM Qualified Institutional Buyers (QIBs) 1.5805 Non Institutional Investors(NII) 0.0202 Retail Individual Investors (RIIs) 0.2666 (26%) Total 0.5835
217. Jainvipul| Link| Bookmark|
March 16, 2018 2:33:16 PM
Top Contributor (400+ Posts, 300+ Likes)
There are many poitives like low NPA, low cost of resources, high NII, low operating cost to name a few. Problem is wether the very high valuation will or will not translate in to a listing gain for making the effort to invest. Think not, in this market.