Equitas Holdings Limited IPO Message Board (Page 83)

what grey market rate today.... and avoid/ apply

link https://ibbs.bseindia.com/asbaforms/BidEntryQuick.aspx?ipo=1095 guys form link given by me is this form to be given to banker for offline application ? Pls guide me septa sir

better option register this NSE and take a print out from there bcoz once u register with NSE your details will automatically filled u just need to log in and take print out of IPO u want to apply
important things is
name
DP details
PAN
Bank details for ASBA
rest u do not need to provide they register will match u details with DP account
Signature of DP and account holder is necessary
hope this help

Will this issue give profit or lose..? Please suggest to take part in this issue.

evenif infibeam subscribe one time it list at premium any logic septa sir ?

Tnx Arjun patel
Regular post gmp

http://www.livemint.com/Companies/tTVsCL69odjmXVCTeOdDbK/DIIs-apply-to-RBI-to-acquire-over-5-stake-in-Equitas-IPO.html
DIIs apply to RBI to acquire over 5% stake in Equitas IPO

The Chennai-based micro-finance lender intends to raise nearly 2,176 crore through the public issue that opens on 5 April.
Mumbai: The initial public offering (IPO) of small finance bank licensee Equitas Holdings Ltd is witnessing strong demand from major domestic institutional investors (DIIs).

According to several people aware of the development, around four to five DIIs have applied to the Reserve Bank of India (RBI) for the central bank’s permission to acquire more than 5% stake in the IPO.

Any investor who wants to hold more than 5% stake in any banking institution needs an approval from RBI.

“The DIIs that have applied to RBI are some of the top domestic mutual funds and insurance companies. They are expecting to receive RBI’s approval before the IPO launch, so that they can pick up the desired stake in the IPO itself,” said one of the persons cited above, requesting anonymity as he is not authorized to speak to the media.

The Chennai-based micro-finance lender intends to raise nearly Rs.2,176 crore through the public issue that opens on 5 April. The issue will close on 7 April. The company has priced its shares in the range of Rs.109-110.

At the upper end of the price band, the IPO values the company at almost Rs.3,700 crore.

“The entire allocation available for institutional investors in the IPO is around Rs.1,100 crore. Acquiring a 5% stake would entail an investment of Rs.185 crore. The fact that there are at least 4-5 DIIs that are willing to write cheques of this size, which is sufficient to cover the entire institutional book, shows the kind of demand the offer is seeing,” said another person, also requesting anonymity.

An email sent to Equitas Holdings on Friday, enquiring about the development, went unanswered.

According to a third person, the valuation of the offer is attracting DIIs in droves. “Earlier there was considerable pressure on valuations, given the new business model, limited number of domestic investor and several small finance bank licensees hitting the market at the same time. However, once some of the large DIIs indicated that they would like to pick up meaningful stakes at the current valuation, the sentiment changed significantly,” he said.

The share sale at the upper price band values Equitas at price-to-book value (PBV) multiple of about 2.2 times. PBV multiple is a ratio used to value financial institutions.

As part of the IPO, six foreign investors will  fully exit their holdings in Equitas. They are Sequoia Capital India Investments III, Aavishkaar Goodwell India Microfinance Development Co. Ltd, Aquarius Investments Ltd, MVH SpA, Lumen Investment Holdings and WestBridge Ventures II Llc, as per information made available in the red herring prospectus.

Other foreign investors selling a part of their shares include World Bank arm International Finance Corp., Dutch development finance institution FMO and Helion Venture Partners Llc. Equitas’ founder P.N. Vasudevan, who owns 3.17% stake in the firm, will also sell a part of his holding, according to the prospectus.

Equitas’ revenue increased 56% to Rs.755.9 crore in 2014-15 from Rs.483.5 crore in the previous year, data from the company’s IPO filings show. Last fiscal, the firm reported a profit of Rs.106.6 crore, an increase of 44% over the previous year’s profit of Rs.74.1 crore. The company disbursed fresh loans of Rs.3,606 crore in fiscal year 2015.

Another small finance bank licensee Ujjivan Financial Services Ltd also plans to tap the primary markets. Ujjivan filed its draft prospectus with capital markets regulator Securities and Exchange Board of India (Sebi) on 31 December and received regulatory approval last month. The company is yet to finalize the launch date for its share sale.

So far this year, five firms have raised approximately Rs.2,385 crore through the IPO route.

In which city

GMPs:- 16.25-17
Application 1675-1725

Thank you abhishek bhai for provide bank list but maine ipo ko add karne ke liye login kiya ta to sbi me euitas show nahi ho raha hi

It will appear on issue date

give me information about this ipo , this ipo bharai ke nahee

give me % of retail porsion

Branches of Self Certified Syndicate Banks (SCSBs) where syndicate and non- syndicate member to submit ASBA form
As on January 25, 2016

Sl. No.      Name of the bank      For Details of Branches
1.      HSBC Ltd.       Branches

2.      ICICI Bank Ltd.      Branches

3.      Union Bank of India      Branches

4.      Kotak Mahindra Bank Ltd.      Branches

5.      State Bank of India       Branches

6.      HDFC Bank Ltd.      Branches

7.      State Bank of Hyderabad      Branches

8.      J. P. Morgan Chase, Bank, N.A.       Branches

9.      Nutan Nagarik Sahakari Bank Ltd       Branches

10.      Indian Overseas Bank Ltd.       Branches

11.      Bank of America N.A.       Branches

12.      Tamilnad Mercantile Bank Ltd.       Branches

13.      Karur Vasya Bank Ltd.      Branches

14.      The Kalupur Commercial Co-operative Bank Ltd.      Branches

15.      Yes Bank Ltd.      Branches

16.      Punjab National Bank      Branches

17.      Indusind Bank Ltd.      Branches

18.      The Lakshmi Vilas Bank Ltd.      Branches

19.      Oriental Bank of Commerce      Branches

20.      Deutsche Bank AG      Branches

21.      State Bank of Travancore      Branches

22.      Standard Chartered Bank      Branches

23.      BNP Paribas      Branches

24.      CITI Bank      Branches

25.      Canara Bank      Branches

26.      State Bank of Mysore      Branches

27.      Axis Bank      Branches

28.      Vijaya Bank      Branches

29.      Dhanlaxmi Bank Limited      Branches

30.      The Surat Peoples Co-op Bank      Branches

31.      The Saraswat Co-operative Bank Ltd.      Branches

32.      United Bank of India      Branches

33.      State Bank of Bikaner & Jaipur      Branches

34.      IDBI Bank      Branches

35.      Dena Bank      Branches

36.      Bank of Baroda      Branches

37.      DBS Bank Ltd.      Branches

38.      Central Bank of India      Branches

39.      Karnataka Bank      Branches

40.      The Ahmedabad Mercantile Co-Op. Bank Ltd      Branches

41.      ING Vysya Bank      Branches

42.      Barclays Plc.      Branches

43.      Rajkot Nagarik Sahakari Bank Ltd      Branches

44.      Bank of India      Branches

45.      State Bank of Patiala      Branches

46.      Syndicate Bank      Branches

47.      South Indian bank      Branches

Saw some SOS messages on ASBA. Here is the answer. The bank account has to be with a Self Certified Syndicate Bank with internet banking facility .( facility available with any branch of the said Bank). The list of SCSB can be accessed on the SEBI site. Once applied your account gets debited instantly. There is a provision to modify/cancel your bid on same day before data is downloaded to SE. However, some banks like UBI do not allow this, even though this provision is available in their internet banking portal.

SBI & BOI ASBA me abhi equitas show nahi ho raha hai speta sir kya SBI ASBA se applye nahi kar payge

wait till tomorrow if it still not open then may be u have put ur application offline

Egaleye / septaji

pls guide


Total Issue Size      1,25,00,000
Total Bids Received      1,38,49,254 ( most of qib n nii demand at 360 i think)
Total Bids Received at Cut-off Price      14,83,488 ( all rii at cut-off)
No. of times issue is subscribed      1.11

then what price at qib / nii get if they demand on 360

( i think it reject but it''s not)

Majority QIB portion was bidding lower band however later it was changed or adjusted at higher price so issue subscription was reduce
from my understanding is that QIB get the share at quote price and not floor price however i may be wrong. If you read SEBI guide line In this system, the issuer submits the floor price in a sealed envelope to Sebi (Securities and Exchange Board of India) prior to the issue listing date. To start with, only the QIB portion will be auctioned, with the issuer giving absolutely no price indication like floor price or price band to investors. The issue window stays open for a day for interested QIBs to place their bids number of shares wanted and the price they are willing to pay for them. All bids are kept confidential and not visible to other investors.

At the end of the day, the bids are compiled. Allotment will be made at differential prices, on a step-down basis the bidder at the highest price gets shares first, then the next highest and so on. In order to prevent substantial acquisition by any single bidder, there can be a cap on allotment to a single application. If there aren’t enough institutional bids above the floor price, the issuer will have the option to withdraw the issue or rethe floor price. There should be a separate book for non-institutional investors, and the same auction system should be followed.

And retail is also followed the same rule however given retail investor most of time apply at higher price the floor price for retail will be at higher price

THIS IS MY UNDERSTANDING I MAY BE WRONG SOMEONE WITH MORE KNOWLEDGE CAN GIVE MORE LIGHT HOW IT WORKS.

SO THERE IS POSSIBILITIES THAT

RII GET AT 432

AND QIB/NII GET AT 360 OR 370 ETC.

tomorrow is avery important day if RBI drops 50 bases point market will have a very positive effect on the market however if RBI reduces only 25 bases point then we could see sell off....

i have sold my position in metal and started buying aviation stock all the three intact indigo i have being buying it at every dip given last year i have benefit heavy by going big on IPOs and had a free position of 1000 shares. Now i think Indigo is in better position given 24 plus new neo added to stock also it planning opening margin sector to gulf will be very rewarding to bottom line.... with spice the bet r even bigger given its debts is coming down and it will also get new stock of planes.. also jet the story is same... One more thing 100% FDI and privatisation air india will also have positive effect in this sector....

Septaji,
Don''t bet much on aviation stocks. I have experience form India and United States. I am applying one thought "Aviation stock never give returns. Aviation stocks is not for long term investors". It''s very hard to find South West. At present I think Jet is good to buy in India.

it is short term bet given summer holidays and always the first quarter is always good for aviation sector if you look both on price and revenue and bottom line which Imo will have some positive on the share price..... Even when metal went up i took the bet that market will like This is more quotient bet based on summer holidays run and oil price and pent up demand

corporation bank is allowed or not?

here is link for equitas
http://www.nseindia.com/products/content/equities/ipos/ipo_current_equitas.htm

Thank you.

What is latest premium

septa ji , is Vijaya bank asba accept in this Ipo ?

yes dear

septa ji , is Vijaya bank asba accept in this Ipo

Yes