Equitas Small Finance Bank Ltd IPO Message Board (Page 9)

Kotak ASBA does not show any upcoming IPO's. Is Equita's not listed in ASBA?

They will show on 20 October 10 AM. Like every IPO received email about this IPO from kotak bank.

Dear Admin, please confirm the allotment in the shareholder quota will be as per Ujjivan Small bank or as per SBI CARDS.
I have Equitas in 16 Demat accounts so please advice which one is the better allotment chances: 1. Apply one lot in all 16 accounts in SH Quota. or 2. Apply 13-13 lots from 2 accounts in SH quota.

@SK Sharma
Sara paisa loota dena hai kya??

You can apply for 32 applications,16 shareholders quota &16 retail quota.Negative sentiments is affecting gmp badly.Likhita is a recent example.we dreaded the fire and missed 5% listing gain (annualized more than 300%).Chalo maahaul banaye,is ipo me paise lagayen

Last gmp

Anchor investors list if one can share.

Not uploaded yet :0
Strange, it's already 9.30 pm if there has to be an anchor list, it should have been uploaded by now or at max 9 pm :/

Just checked. Out now.

Anchor Investors List :

1. ICICI prudential
2. HDFC Life
3. SBI Life
4. ITPL - Invesco
5. Nippon
6. BNP Paribas
7. Franklin
8. Mirae asset
9. Mine Superannuation
10. IIFL
11. TT Asia-Pacific
12. Sundaram MF

42327271 shares were allocated at 33 rs. per share

your view on TCS buyback

It appears that buying Ujjivan SFB, in secondary market is better option comparing to going for Equitas SFG.

Can any one provide link for the data containing the information which compares Ujjivan SFB, with Equitas SFB?.

Comparison between Ujjivan SFB vs EQUITAS SFB:

Total Assets -> 16,077 Cr vs 19,315 Cr
Total Revenue -> 3,025.81 Cr vs 2,927.80 Cr
Profit After Tax -> 378.48 Cr vs 243.64 Cr
No of Shares (Post issue) -> 172.82 Cr vs 113.38 Cr
EPS (Post issue) -> 2.19 vs 2.15
P/E Ratio(CMP/EPS)-> 14.27 (Assuming CMP=31.25) vs 14.27 (Assuming same PE)
CMP -> 31.25 (*As on 14.10.2020) vs 33

True share price of ESFB should be 14.27 X 2.15 = 30.68 as compared with its peer USFB.

Since company is asking a price of Rs 33, it's overvalued.

Mr. NforNandkishor

The information provided by you is very informative and useful for further course of action.

Thank you.

Equitas group not investors friendly group past record. High valuation and gmp not fevor this ipo so sell & apply this ipo

Ujjivan sfb good from current valuation

@217 Aniketiaf

Thanks sir, for your valuable remarks & suggestion...like always...
U r gems in this platform.

Thanks

@ Comman man view,
As predicted before listing also, Both Cams and Chemcon has seen it's peek on listing day only.
If you remember, in CAMS, I clearly mentioned before listing -" It will act like BSE after listing " means listing will be on good premium, but will go down and down and down.......
I have no charm for Cams and Chemcon at any rate.
In future, it may go up and up and up
But that time many other reputed company will also go up by more fastly.
One should search opportunity in that reputed companies.
Thanks.

@ Splendid,
Route Mobile- As earlier mentioned, it's a good company for long term investment . But I will enter around 600.
Thanks.

@ rsk

Persistent - I have advised it one month earlier on 21 September 20 at a rate of 1011 per share on Route mobile ipo page. Since there, it crossed 1350 within 15 trading days in one direction (Upwards).
Now a small profit booking can't be ruled out. But if it falls up to 1150, I will definitely re-enter.
BTW,
I am not at all interested in any research reports.
I think, these are useless.
Thanks.

Last GMP Heard - 0 / 1

@208 Aniketiaf,

Very pleased to see your comments..thanks for that sir,
ANIKETJI can u please throw some feedback & stretagy for the chemcon & cams ipo share holders..who hold the share since allotment...

Unfortunately, markets do not care about things happening. Markets are always futuristic (Things going to happen). Small Finance Banks are going to play a major role in coming 5 years time. India is a growing economy. I like what SFBs are doing. I will apply in the IPO not for listing gains but to buy a business at this price.

As per IPO Watch Gmp 10

As per me
GMP Has VANISHED

GMP: Rs 1 to 2, very very low volume...

Cartel of operator

Discount discounts discount...

Any suggestion for equitas small bank?
Please guide and tell us gmp eagleye.......

As of now sentiments are bad for this IPO and it is avoid. Lets see if things turn around after anchor investors tomorrow.

The way all the participants are reacting on this IPO, the subscription and listing both will be poor. HNI subscription is important more. Low subscriptions of HNI in UTIAMC has taken it's toll. Still no declaration of any discount to SH and Employee category.

Don't think they can declare discount now. Price band has already been declared and there is no mention of discount.

Where is eagleye? Say something to us... Yes or no please