RBL BANK ... RBL Bank had 197 interconnected branches and 362 interconnected ATMs spread across 16 Indian states and union territories as of March 31, 2016.
The bank earned a net profit of Rs. 292.48 crore on revenues of Rs. 3,234.85 crore for the financial year 2015-16, up from Rs. 208.45 crore and Rs. 2,356.5 crore in the preceding financial year.
The diluted EPS was Rs.9.43 for 2015-16 as against Rs. 7 in 2014-15 (Diluted earnings per share reflect the potential dilution that could occur if contracts to issue equity shares were exercised or converted during the period).
Deposits and advances stood at Rs. 24,348 crore and Rs. 21,229 crore, respectively, as of March 31, 2016.
Net non-performing assets (NPAs) as percentage of total advances rose to 0.59 percent from 0.27 percent at the end of financial year 2014-15.
Read more at http://www.ibtimes.co.in/rbl-bank-ipo-price-band-issue-period-bid-lot-qib-retail-portion-finalised-689520#j1h5xyFFYHCGBbkz.99
icicidirect is ok i got quess 1/4, mahanagar 3/4, ujjvain 0/4, thyrocare 0/4, DBL 1/4 . Everything depends on luck. nowdays all IPOs are heavily subscribed. Keep trying, if you get fine otherwise also OK. Atleast you did you part, that is Applying :-)
Why ujjivan and equitas going down? As per me fundamentals good, clear balance sheet good profit.. But still its going down? Why? I was inverted at 420and 175.. Please suggest
646.1. NRI Investor| Link| Bookmark|
August 10, 2016 11:35:40 PM
Top Contributor (300+ Posts, 300+ Likes)
Once they will become Small Finance Bank, their profit margin will reduced and won''t sustain 30% EPS growth YOY.
In short, they will also face competition along with other Banks, and their expense will be increase more due to heavy investment required in Infrastructures and other expenses.
In my view, they will come back to normal P/E of 15-20 range along with other private banks. Btw, I sold Ujjivan @ 498 ( bought 233) and Equitas @ 185 (Bought at 130) And Invested in Advanced Enzyme 200 shares @ 1298 price..
I was also applying from ICICIDirect and got no allotments in last 5-6 IPOs. Opened a Reliance securities account and got allotment in the first IPO - Dilip Buildcon.
I called Linkintime yesterday. They are saying that my applications were valid but I was not chosen for allotment.
Dear suresh. As your period is 10 yrs i advise invest in 4-5 sip of good equity based mutual fund 2 lagrge caps and rest mid and micro. You can open 5 sip of maybe 2k each. Let the fund managers do the job for you. Keep changing non performing mf every year. Also increase sip as your salary increases. Enjoy the power of 72 and compounding.
I have a doubt. Is the time of listing of new IPO stock on their listing day different than normal market timings? Like market opens at 9:15AM then new IPO stock trading should start at 9:15AM or latter?
Generally trading of IPO starts from 10:00 AM in the morning....but the Listing price reveals around 9;45 AM.....so you can place order on or after 9;45 AM....