Equitas Small Finance Bank Ltd IPO Message Board (Page 10)

Gmp? Any new updates.... Please guide

0

Great !!!

Admin has provide above much information on this page..... Now standard reputative questions from newbies should be less and we can get more meaning full discussions. Good for all....

Rs 20 to 22 is a fair price.

Avoid issue. You will get below issue price from open market as market sentiment is not good and healthy correction is on the card.

The price range should be in the range of 26-27 so as to leave 2-3rs on Table for Listing Gain!
The market will be Extremely Volatile due to US Elections.
It is possible that if anything comes opposite to market expectations during US Elections can list the ipo at 30-35% discount if price range is 34-35.
I don't think this is a good time come with an ipo when the market is at its recent high and Heavy Volatility due to US Elections!
Market have discounted the Good News in US Elections so now it's extremely needed to be carefull when A Biggest Event is there.

This is my though and as I always say I may be wrong as we are Human Being!!
Enjoy Life:) ????

@Adv DDS
If US stock market falls, Indian Market also falls most of the time and vice versa. If there is a political uncertainty in US, sentiments become negative and US market falls. So, discount listing is highly likely for ESFB.

So many ipos hit primary market in Sep'2020 and Primary market got a bit of saturation. Also, poor performance of Mazdock than expectation, discount listing of UTIAMC(instead of having cheaper valuation) forced many Bulls to pull their reins. Afterall, Bulls do not have infinite source of money to route in market.

What should be the expected Price Range??

Aniketji what's your view of equitas ipo???r u bullish or not??

Aniket ji has a high risk appetite. From my past experience from his posts, he will definitely apply in this ipo on last day.

But, he is generous enough and will suggest others not to follow him (as he did in UTIAMC).

I am too excited to see Aniket Ji and Chem Cho comments on this ipo but allow them a bit more time to think?

I don't think it will get the status fully subscribed.

Bhai, chotta issue hai+ karvy registrar hai. Fully subscribed hoga don't worry.

Now high GMP or heavy oversubscription doesn't give surety of decent listing gain as happened in last listed IPO - Mazagaon.
This must have shaken the confidence of investors. HNIs must have incurred huge loss due to their high cost of financing in such heavily subscribed IPO.
So strategy of applying on last day is also not very fruitful under present market condition created due to US presidential election and fresh lockdown in England.
Nothing special with this IPO.

Dear expert pls advise

EHL IPO(17 times subscribe ) - 110 offer price , listing open 144 and high 147, and till 2nd march 20 it was at 106.50 , after corona effect globally market down it will touch 32 in march 2020 low and now at 50-51 today
Now this bank ipo come up with already low price @32-33 , also financial result , revenue and profit +++

Expert please advise apply or not

ASSET Incresing YOY
31-Mar-18 REVENUE 17729.03 AND PAT 318.31
31-MAR-19 REVENUE 23948.32 AND PAT 2105.66
31-MAR-20 REVENUE 29277.95 AND PAT 2436.35
AND TILL 30-06-2020 REVENUE 7509.68 AND PAT 576.71

Many people have left the board because of some people who want to point out the mistake ,
of board members , but get hurt badly when it is pointed out they does not under stand sebi gudlines
hence once should think twice before making such remarks.

As for Route mobile > One of the Anchor investor bought 8 lakh shares yesterday, refer to NSE bulk deals. This is a UK hedge fund.

16-Oct-20      ROUTE      ROUTE MOBILE LIMITED      THELEME MASTER FUND LIMITED      BUY      334493      694.5
16-Oct-20      ROUTE      ROUTE MOBILE LIMITED      THELEME MASTER FUND LIMITED      BUY      434275      687.6

Fair value 23-25 as book value 27
No wow factor
Uncertain times
Banking sector in mess
Buy in range of 15-18 for long term
However Please take expert advice and make prudent decision

NO BRAINER

BIG BIG AVOID

Fair price 23-25 as Book value is 27
Buy around 17-20 range in current uncertain environment for long term.
No wow factor ( unique)
However please take expert advice and make prudent decision.

Listing at 28,closing 25

Only 2-3 Rs gmp with vary low volume and sub2 is 950
No kostak trades
Recent listings doesn't hold list price(mostly)
Since monday i sold most of lots available to me from YB to MDSL In this season

For ESFB
I was prepared for this IPO
With 16 Application and fund with SH quota also, but current situation doesn't allow me to take such risk
So I will apply with limited sources,that too after anchor list, and first 2 days subscription

Above are my views, apply your minds

Correctly said harit sir. ESFB ipo is not at all lucrative. GMP may go to negative terrain anyday.

US election and other global slowdown are the factors that make this ipo more risky.

Offer price is also expensive and nothing is left for listing gain. Even if UTIAMC was priced attractively compared to it's peer HDFCAMC but it also listed in discount.

ESFB ipo is not very attractive and one should not apply in his full capacity.

Whr subject to 950 sir

Which city

UJJIVAN SMALL BANK IPO 750 CR @ RS 37 HIGH AT RS68 AND LOW BELOW THE IPO PRICE , still those who sold at higher levels did not buy at lower levels or what to buy @ Rs 30 todays price 16 oct 2020
Equitas small bank IPO RS 517 cr @RS 33
Decide yourself to apply or not apply

those who have missed UTI AMC @ RS 482 LOW ( you may not get it at this price ) Subject to market conditions
Decide to buy it or not at this price Rs 500 on 16/10/20 or below for long term investment

USFB ipo was the most lucky and profitable ipo for me. Around 4000 shares were allotted in 6 demat account( 600x6 in shareholder quota@35, 400x1 in retail quota@37).

I sold around 1800 shares on listing day in price range of 60-65 and recovered major part of my capital. Later I sold 1600 shares in a range between Rs 40-55. Still I am holding 608 shares in my one demat account on the hope that I will get good deal for those shares

ANY GMP UPDATE. ?

I will buy in the market post listing
No IPO
No retail Category
No Shareholder category

Better to buy Ujjivan small finance bank at 30 today

@king vinod@sonal
Pl GMP if suda start
Apply or avoid depend on GMP

Kafi log shareholder ban gaye

Bhale 1-1 share liya ho fir bhi 50 rs nuksan kar diya equitas ne

How? Even if you bought say after DRHP was filed you can not have Rs 50 loss

If I sell all my Equitas holdings shares today , am I eligible for shareholder category?

@umeshh! He may be holding the Equitas Holdings shares for long time. To stop loss or book profit, he wants to sell now. Btw on the record date (i.e. 9th Oct), your DP balance should show this share. After or before this date, you need not to hold this share to be eligible to apply under shareholders category!

Yes. You need to have shares on record date

https://www.cnbctv18.com/market/stocks/from-burger-king-to-kalyan-jewellers-6-ipos-that-will-likely-hit-the-market-in-2020-7206821.htm/