Fedbank Financial Services Limited IPO Message Board (Page 6)

Woh bhi nahi aa rahe hai..!!

Looking at PB it looks underpriced as per review reports. Bank nifty is weak but not down and out. Hdfc, icici haven't fallen too much. So considering percentage fall in bank and nbfc, still fedfina should list above offer price. Even SBFC a peer bank is trading at 90, i.e. 10% over listing price. So it has not corrected, l&t fin was recommended today by one expert. So where is the fear of RBI new regulation. Fedfina books consist of 84% secured loans.
On backdrop of such scenario fedfina is not in fancy, is difficult to fathom.

NEW GEN CONSULTANCY
BM SURANA SIR
Sirs whether there is a GMP in this and how much whether BUYER or SELLER
Objective is listing gains
Allotment is assured.
Please advise

Wait for 3.15 and see if QIB comes. Only then apply. Rest avoid.

itna to pata chal gaya ke koi hamari tarah real retailers ne paisa nehi lagaya hai, ye sab bade log hai generally HNI mai paisa lagate hai, abb ismai RETAIL mai 1 ya 2 lot lagaya hai, koi nahi app log khelo, hum to side mai dekh rahe hai

Except BHNI all other categories have been fully subscribed and rather slightly oversubscribed as of now with roughly 4 hours to go. In case BHNI is subscribed more than 1 time but less than 5 times and SHNI subscribed about 2 times , then BHNI will get full allotment and SHNI by lottery or in any other way?

In that case, everyone in BHNI will get at least 14 lots and some will get more. SHNI will be lottery.

Hi All Senior Members,

I want to apply 1 or 2 lots in FED Bank IPO, I want to know maximum downside and maximum listing gain so i can see if i can applying in this IPO is worth.

Thanks a lot.

Maximum 10%on both sides

FINAL VERDICT

Only Risk Takers Can apply
Remaining can AVOID and we will catch post listing action like Mamaearth
I am Personally Avoiding or will apply 1 Retail

Can compare this IPO with Sai Silks
In terms of listing , Risk , and Good long-term prospects

​@newgen consultancy , I think with the recent RBI restrictions on NBFC. These stocks are little out of favour.

Anil Singhvi Zee business said Fed financial could double in 3 years...I m applying with full force...

He had similar recommendation for ASK Automotives listing and it is available almost at IPO levels..

He was bullish on LIC IPO as well. No harm listening to these so called experts, but take your own call.

May be list at 5-10% premium

Yes, but may be on negative side.

I will be sitting on sideline and just watch. I people are buying for long term then why today. What's so attractive in this one and not hundreds of NBFCs which are listed?

Avoiding this

Get steamrolled between the other issues
Will look at listing, but I think fedbank is a better buy than fedfina

I am avoiding primarily due to the deluge of issues and lack of funds.
Like I always say, market and opportunities always make you feel like a pauper!

Despite its few negative factors, I still think its anchor list is very impressive. Perhaps the best after Tata Tech.

Why employees bidding is also not fully subscribed though very large institution with federal bank as parent company

​@newgen consultancy and other senior members, even employees have not trust in Fedbank, wahi reason hai abhi tak employee quota bhi full subscribe nahi hua hai.

It's quite normal to have presence of FII & DII in any NBFC company as this sector is darling of said investors especially when interest rates are at all time high. Also same is seen in anchor portion too. Expecting some action in the QIB portion in the last closing minutes of the issue today. This QIB portion & Anchor subscription can't be compared with other running issues like Flair or Gandhar.

Retail subscribed 1.30 times and SHNI 0.90 times at close of second day. BHNI hesitant with only 0.36 times. May consider putting in some Retail single lot applications if QIB and BHNI cross at least 5 times.

Should apply or not, newgen sir, Arjun sir and Surana ji please give your opinion

Good parent brand. Will risk it with 3 retail applications if QIB crosses 3x. Thanks.

Valuations and pricing are not attactive as nothing much left on table. Will consider this post listing, once available at discount.

​@untamed inferno @Sanchit Jain You cannot go in this one on the basis of GMP and other related factors. Chances of negative listing can't be denied. Sector is under pressure and prone to getting over crowded. They have further came in the issue with reduced size. Established peers have higher ROE, so that's why Fedfina looks costly at current price bands.

AUM is progressing, NPA isn't the highest in the category but RoA is low, the reason why despite high leverage ROE is low. They have a clear opportunity to cross-sell it along with Fedbank. Plus region wise benefits can be achieved. Anchor book despite all of the above is actually good, so that brings some hope.

All in all, clear long term bet only if appetite to hold and see negatives is present. Totally avoid if short term oriented view and if a bet for long term is taken, a more thoughtful one would be with someone with the likes of Fedfina rather than say, someone like Pidilite entering lending business. Rest the call is yours.

Thank u brother for useful thoughts. Final call wud depend upon the subscriptions it will be able to garner tomorrow..

​@MuStrFc Sir you explained it very nicely. Thank you.

I am taking it as a long term bet. So, planning to apply 1 shni.

Sir, moreover, I analysed the 1 yr return, 5 yrs return and return over one decade of all it's peers and found that nbfcs are doing great if you are taking it as a long term bet.

I am ready to digest discount listing or losses over next 1-2 years becuz I know it will become a gem 💎 in long term.

Sir you can correct me if I am wrong.

Thanks again.