Bandhan Bank Limited IPO Message Board (Page 34)

I think the promoters and Lead Managers of Bandhan Bank must explain to the investors how their Bank commands more value than the best managed HDFC bank whose track records is there in public domain. Then only investors should consider to apply in the IPO.

Dear Aniketiaf, uchit Patel, Gamble sir & other experts ,

What expect about bandhan retail subscription

Bandhan bank retail subscription App wise minimum 1.3times And maximum 1.8times

Looks like all(Hal, bdl, Bandhan) needs to be avoided. Better be safe in not applying these highly priced ipos. Govt/promotors are greedy for achieving Mar disinvestment target. So they are coming with very very high priced ipos as they know LIC is there to subscribe these and they will make money.

Banking sector going through a very tough phase. Valuations are on higher side. No proven track record in commercial banking segment. It is better to avoid it.

Navneet ji sell in grey market rather thn avoid.

We, retail investors must teach lesson to Promoters of Bandhan Bank by not subcribing its IPO. Like others in this group, why should we invest in this bank, where other listed Banks are available for cheap. Blindly let us not invest in any IPO, without any workings.

I should apply....I sold all my 12 applications @825

Don''t judge only by valuation
There are other things to watch for
Sometimes future performance not evaluate in price band
Many market guru didn''t recommended DIXON,apex,psp,sankara
Due to higher value
Everybody recommended
GIC,sbi life,hg infra
Now track those stock & decide

This priority is only for long term investors:

- BDL
-HAL
-Bandhan Bank
-Karda Construction (issue size is small, T group company but P/E is low)

I am not tracking Karda Construction. I am not going to apply Karda Construction. For Bandhan Bank I will see Anchor investors list, QIB and NII participation.

Dear solution of queries, Aniketiaf, uchit Patel, Gamble sir & other experts ,
Please arrange all 4 upcoming IPO in priority order so that We can select and apply as most of us will face lack of fund for all IPO at a time.
Thanks in advance

Simple
Watch GMP on web
Set the order accordingly
My preference would be
B.B
B.D.L
H.A.L
KARDA

contra.call
Instead of participation to all 4
Apply B B & BDL
more then one lot
IMO

Arranging coming IPOs priority wise-

1. Karda( very tough allotment )
2. Bharat Dynamics
3. HAL
4.Bandhan( almost everybody will get )

The sequence is made in consideration with listing gain.
Thanks.

Most of ipo success on grey market support.

Many invester first sell in grey market and then apply .

So bandhan subscription may be good due to grey mkt support

Another bad news for market ::::
https://m.economictimes.com/news/economy/foreign-trade/donald-trump-threatens-to-impose-reciprocal-tax-on-india-china/amp_articleshow/63233790.cms

B B
Kostak 675/buyer
Rising

@sunil
Friend , like you,i have not much experience
What I do!
Collect pre printed form my broker
Sign it & revert back
He offers me GMP,KOSTAK
I accept
I give authority on behalf of me to sell on listing
Next day we settled trade
Exchange amount(if any)
That''s it

Hi Harit,
I am applying offline mode and my broker is Ventura Securities. Ventura is not dealing with any GMP, Kostak...
Can you suggest me any broker who is dealing in grey market?? I am from Mumbai city.
Thank you in advance...

Current gmp 31
Kostak 750

Bandhan 31_33
Kostak 750

Current

GMP & Kostak again down !!

Best strategy - sell applications in grey market for Bandhan bank what ever u get above Rs. 600

For those who are bidding only for listing gains.

@Harit Sir,

Thank you so much for your valuable information. So it basically trust between both. Unfortunately I am at place where I don''t have any such broker.

Thanks,
Sunil

I am not comparing IDFC with Bandhan but just sharing the info for everybody''s benefit.

IDFC (combined) share price in Aug2015 was around INR 142

Today after app 2.5 years.....IDFC share price is 49.1 & IDFC Bank : 49.75 which comes to total of INR 98.75. Agree that recent correction has eroded its value like anyother stock. I generously add 30% to it which will make it INR 128.5.

So in 2.5 years......IDFC combined value has come down from 142 to 128.5.

Remember IDFC in 2015 was recommended by almost every brokerage house for its long term value. They went to an extent saying that after banking operation it could be something like ICICI and HDFC and see where it is right now.

So every NBFC to regular Bank conversion is not a success story.

Gmp of Bandhan Bank is 28 - 30 application rate 630/650

It would have been better for Bandhan to list as NBFC. Would have continued to enjoy good margins but now as a bank, it would be totally different picture when it will have to follow RBI guidelines for a bank. Margins would be affected and would have to reduce promoter holding to 40%. Even after IPO, it''s promoter holding would be reduced to only 82% from 89%.
Too many uncertainties in addition to high valuations (PE 36 and PB 8 based on 2016-17 earnings).
Would not risk my money on the name of good company only.

On 09Mar18 @16:00 Hrs
GMP of Bharat Dynamics is 12-15.
GMP of BANDHAN BANK is 16-18.

Both Aandhan and IDFC got their banking license at the same time. However the performance of IDFC Bank in the share market is very poor. I request some seniors of forum to do a comparative study of both of them for the benefit of members. Thanks in advance. .

@atul kumar

I used the term NBFC not microfinance company. IDFC was a NBFC.

@tsk

IDFC bank as an independent company was a failure during last 1-2years of their operation.

Whether expected merger of failed IDFC bank with capital first is good for IDFC bank is a completely separate and irrelevant topic in this context.