1570. Eagleye| Link| Bookmark|
April 20, 2016 3:19:42 PM
IPO Guru (6600+ Posts, 22000+ Likes)
IIFL on Equitas Holdings (Equipped to emerge as a successful SFB, BUY, TP Rs177):
Equitas Holdings Limited (EHL) is one of the ten financial sector companies to have received an in-principle license for a Small Finance Bank (SFB). It is the most diversified entity with operations in microfinance (MFI), vehicle finance (VF), micro/small enterprises (MSE) and housing finance (HF). EHL is among the better organised MFIs. With a strong management team, ability to deliver robust AUM growth and strong back-end technology infrastructure, it should be able to manage the transition challenges better.
We believe the IPO valuations are attractive (1.6x FY18ii post money BVPS). Initiate with BUY and TP of Rs177/share (2.5x FY18ii BVPS).
AB Money Target 164 IIFL 177 Ambit Capital 186 ( End of this Year)+
TOMORROW IS LISTING.........AT 10.00 AM. LISTING IS LIKELY TO COMMENCE FROM RS. 143-144. IT MIGHT TOUCH TO RS. 147......AND MAY CLOSE AT AROUND RS. 140.00 ODD SO. I THINK TAKE PROFIT ON THE TABLE.
i think ye stock listing achi karega but downtrend rahega like 140 se sidha 125 by eod bcz more pain may come in market in coming days and nifhty might go below 7500 again. :-(
1553. Viraj| Link| Bookmark|
April 20, 2016 12:28:52 AM
IPO Mentor (900+ Posts, 1100+ Likes)