CSB Bank Limited IPO Message Board (Page 24)

DHFL board superseded
Will go to IBC and NCLT

Apply CSB Bank only for Listing Gains. We can Expect Listing Gains around 30% to 35%. Apply and Pray for Allotment.

Sir we are sellers applied for listing day gain

But (bad companies)

If Buyers also think same,

How to get gains?

Thank you Sirji.. :-)

Biggies Know it a well

CSB Bank
Many Brokers and Retail have Shorted Citing Negativity of Bank Hence They are trap.
GMPs is High
Negative Environment
Retail is 10%
Biggies Can operate it well.

Ujjivan Bank
All Retaip have Bought Big Chunk Considering it a cheap Valuation at 35/-
GMP is Slow Now.
A lot of Positive Environment is Created for Bug 1200 Cr IPO.


CSB Market Negative
Lets See Listing

Ujjivan Lot of Positive
Lets See Listing.

Rajkot
GMPs
Ujjivan 9 Rs.
CSB 76 Rs.

GMPs
USFB 8.5 9.5 Selling Tone
CSB Bank 77 79 Buying Zone


HOS:

JM Financial and Kotak are giving Funds for CSB.

Premium is stable

what is the net NPA of bank?

Q2FY20
Gross NPA 2.86%
Net NPA 1.96%

Which is the best broker, charging lowest brokerage charges? Please help

zerodha has lowest brokerage charges

If you are a Trader, go for 5Paise, else

if you are a investor then go for zeroda.

Can we apply CSB IPO application form to bank???

With one year lock-in, available in the market at Rs.205.

GMP

RAJKOT
USFB 11 12
CSB Bank 50 53

Kotak CSB Bank Nil
Kostak USFB 450

Retail Ujjivan 35% CSB Bank 10%

Ujjivan Dates are final

Ujjivan Retail is 10%

and also

Ujjivan Dates are till Tentative (not Final)

Ujjivan Retail : 10 %
Tentative dates are almost final dates.

GMPs

Rajkot
USFB only Sellers at 10
CSB Bank Only Buyers at 78

This message has been removed by a moderator.

@AR
Unique business model for this
Is
Co.not traditionally selling their products but approach directly to customer and demonstratie it's products
Unlike other MNCs which trading
Distribution and dealer network
(If I made any mistakes posting these if kindly draw attention)

To lock the small investors

Opening Bhav

GMPs
Ujjivan 9.75 - 10.5
CSB Bank 61-64
Kostak Nil

Some one ask apply this ipo ??
why not gmp 65-68 is not a bad.

GMPs

Ujjivan SFB 10-11
Standstill With Low Volume
Kostak 400/-

CSB Bank 65 67
Thin Trade
Kostak Nil.

Rajkot

Gmp of csb bank is 62 - 64 ...
Apply for listing gain...

CSB Bank

Many People are spreading negative news as many counters are short.
I repeat Bank has no such news.
Bank is transforming Hence Prem Wasta has boarded train to turn Around.

Those who are short must cover.
I see listing at 230-260 depending on Other situations.

Retail is 10% so Allotment is Hard
Its a small IPO anyone can Operate it easily.

No Retail Pressure will b there.

Hence Apply.

Premium may come down, due to less Funding Availability with HBFC. Even Ujjivan will Eat Money.

GMP Rock Solid at 68/-

Ujjivan SFB IPO - Schedule *(Tentative)*

26th Nov - Announcement of Price Band
28th Nov - Anchor Investors Allotment
29th Nov - Offer Opens
03rd Dec - Offer Closes
09th Dec - Finalisation of Basis of Allotment
10th Dec - Unblocking of ASBA Accounts
10th Dec - Credit of Equity Shares to Depository Accounts
11th Dec - Commencement of Trading


Ujjivan SFB IPO - Issue Information *(Tentative)*

Issue Opens on: 29 November 2019
Issue Closes on: 03 December2019
Issue Type: Book Built Issue IPO
Issue Size: 32,43,24,324 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.36 - Rs.37 per Share*(Tentative)*
Market Lot: 400 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 1,44,00,36,800 Shares
Fresh Issue of 32,43,24,324 Shares @37/- = Rs.1,200.00 Crores
Equity Shares outstanding after the Issue = 1,76,43,61,124 Shares

Category-wise Break up:
Anchor - 13,13,51,351 Shares = 486.00Crs
QIB - 8,75,67,568 Shares = 324.00Crs
NII - 4,37,83,784 Shares = 162.00Crs
RII - 2,91,89,189 Shares = 108.00Crs (Lot size: 400 = 72,973 Forms)
UFSL Shareholders - 3,24,32,432 Shares = 120.00Crs
Total Issue - 32,43,24,324 Shares = 1200.00Crs.

Subscription required for 1X
RII = 72,973 Forms
NII = 162.00Crs

Interest cost @7.50%p.a. for 7days = 5.32paise for 1X


Ujjivan SFB IPO - Financial Information (Basis of Valuation - DRHP)

EPS for FY16-17 >>> Rs.0.00 (Page #75 of DRHP)
EPS for FY17-18 >>> Rs.0.05 (Page #75 of DRHP)
EPS for FY18-19 >>> Rs.1.20 (Page #75 of DRHP)
EPS for Q119-20 >>> Rs.0.66 (Page #75 of DRHP)

RoNW for FY16-17 >>> 0.00% (Page #76 of DRHP)
RoNW for FY17-18 >>> 0.42% (Page #76 of DRHP)
RoNW for FY18-19 >>> 9.49% (Page #76 of DRHP)
RoNW for Q119-20 >>> 4.94% (Page #76 of DRHP)
      
NAV as on June 30, 2019 was Rs.13.29 (Page #76 of DRHP)

Listed Industry Peer Group (Page #76 of DRHP):
AU Small Finance Bank
Equitas Holdings
Bandhan Bank
CreditAccess Grameen
RBL Bank
DCB Bank


Ujjivan SFB IPO - *Market's Current Estimates of oversubscription*:

RII = 10.00L Forms = 13.70X Applic. wise (Avg allotment of ~29.19 shares per lot)
NII = 25.0K Crs. = ~154.32X

Interest cost @8.00%p.a. for 7days = 5.68paise for 1X

Thus, for NII the costing = 154.32 X 5.68paise = Rs.8.76 per share (= GMP)

And, for RII the costing = 29.19 X 8.76 = Rs. ~548/- (= Kostak)

Ujjivan SFB IPO- *GMP Estimated*
GMP 9 +/- 1
Kostak 550/-

Any estimate for shareholders over subscription...

Ipo size is not correct, please confirm with your sources

Plz Explain me.. how this ipo? This is profitable ipo or not?

Both CSB and UJJIVAN retail quota is 10%
Both very tough allotment
Both will subscribe above 20 times retail side.

CSB IPO - *Market's Current Estimates of oversubscription*:

RII = 7.00L Forms = 24.99X Applic. wise (Avg allotment of ~3.00 shares per lot)
NII = 13.5K Crs. = ~219.69X

Interest cost @7.50%p.a. for 7days = 28.05paise for 1X

Thus, for NII the costing = 219.69 X 28.05paise = Rs.61.62 per share (= GMP)

And, for RII the costing = 3.00 X 61.62 = Rs. ~185/- (= Kostak)

CSB IPO - *GMP Estimated*
GMP 60 +/- 1
Kostak 175/-

So its Depends on expected number time IPO ll be Oversubscribed in NII/ HNI category...
Hope u all understands...

Thanks. Got it