Five Star Business Finance Ltd IPO Message Board (Page 4)

58. PKRAJ | Link | Bookmark | November 10, 2022 5:09:51 PM

Just see the figures of QIB subscription. Has crossed more than 1 time. If total issue is subscribed 90% now, it will sail through. Likely to be subscribed more by QIB tomorrow and the IPO will sail through. Now only retailers and sHNI have to decide their fate.
Promoters always come with full pre calculations.
Difficult for retailers.
All the best to the retail subscribers.

58.1. arunARUN | Link | Bookmark | November 10, 2022 5:33:39 PM

IPO Guru (2000+ Posts, 1700+ Likes)

Apply only if you are willing to hold for atleast one month

58.2. Arca | Link | Bookmark | November 10, 2022 6:49:34 PM (1000+ Posts, 500+ Likes)

According to me this IPO is good one.the market is at peak so no grey trades would happen as market is subject to fall. Buy after market correction (@17k nifty). Applying for listing gain is risky without heavy subscription. It may list like Paytm or Ruchi who knows.

57. ~~Bayan~~ | Link | Bookmark | November 10, 2022 2:16:02 PM

Will they change the name to zero star after this IPO- OFS.

57.1. amit K singh | Link | Bookmark | November 10, 2022 4:51:34 PM

IPO Guru (1100+ Posts, 1600+ Likes)

Correct, 0* - will be nick name of the company..

56. Liger | Link | Bookmark | October 10, 2022 5:56:54 PM

Top Contributor (300+ Posts, 500+ Likes)

PE Investors: TPG Asia, Matrix Partners, Norwest Ventures, Sequoia Capital, TVS Capital, KKR

IPO comprises Offer for Sale (OFS) of 2752 cr.

TPG Asia owns 20.99% stake,
Matrix Partners owns 14.09% stake,
Norwest Venture owns 10.22% stake, and
Sequoia Capital India through four of its funds owns 18% stake

TPG Asia selling shares worth Rs 1,349.78 crore
Matrix Partners selling shares worth Rs 578.48 crore
Norwest Venture selling shares worth Rs 385.65 crore
Sequoia Capital India selling shares worth Rs 257.1 crore

Promoters Deenadayalan Rangasamy and Varalakshmi Deenadayalan selling shares worth Rs 180.93 crore

56.1. Liger | Link | Bookmark | November 10, 2022 11:26:22 AM

Top Contributor (300+ Posts, 500+ Likes)

This ipo will sail through with QIB's support on final day.

56.2. iamnimitshah | Link | Bookmark | November 10, 2022 11:44:08 AM

IPO Mentor (600+ Posts, 500+ Likes)

OFS size reduced from 2700 crore to 1890 crore.
Actual promoters not selling anything..
Only investing promoters are selling some part of their stake.

55. AMIT IND | Link | Bookmark | November 8, 2022 9:30:43 PM

Top Contributor (600+ Posts, 100+ Likes)

This one with face value of Re 1 and price of Rs 474 with huge issue size is really scary. Full offer for sale is another feather in the cap. Large number of other players can be looked for in same peers in secondary market.
Promoters are really offloading so we should also buy from secondary market others same peer stocks. Company will not gain anything from this issue. Lets us wait for last day & then decide.

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55.3. No trade | Link | Bookmark | November 10, 2022 7:05:55 AM

Top Contributor (300+ Posts, 200+ Likes)

Good

55.4. Liger | Link | Bookmark | November 10, 2022 11:34:16 AM

Top Contributor (300+ Posts, 500+ Likes)

FII's company. Only QIB's will trust. Retail will stay away.

54. PKRAJ | Link | Bookmark | November 9, 2022 8:09:33 PM

First day lowest subscription ever seen in any IPO. All due to negative factors: total OFS, offer price, size of the issue, promoters equity holding of 30% and business model. These factors are concern for retailers. Let's hope QIBs don't help the promoters to sail this IPO through. Total avoid from my side. For members : Suno Sabki Karo Man Ki.

53. Suraj.... | Link | Bookmark | November 9, 2022 5:15:02 PM

Top Contributor (400+ Posts, 100+ Likes)

Looks like it is the Lowest 1st day subscription in all recent ipo.

53.1. amit K singh | Link | Bookmark | November 9, 2022 7:14:36 PM

IPO Guru (1100+ Posts, 1600+ Likes)

Correct , 5-star could not hit 5% on first day...

52. Wishal | Link | Bookmark | November 9, 2022 5:08:02 PM

IPO Mentor (500+ Posts, 300+ Likes)

Flop movie lag rahi.

51. Mr.Giu | Link | Bookmark | November 9, 2022 5:00:20 PM

@admin you need to seriously update the comment/forum section. It's very outdated.

50. Crow | Link | Bookmark | November 9, 2022 3:46:49 PM

IPO Mentor (900+ Posts, 1100+ Likes)

Only a few retailers have applied on the first day. I wish promoters looked at this figure and go chullu bhar paani mein doob marne...

Always in restraint of Mrs. Crow.

50.1. Investing for a better tomorrow | Link | Bookmark | November 9, 2022 4:52:50 PM

Top Contributor (200+ Posts, 100+ Likes)

Representatives of HEM securities has been going on every channel and singing songs in favour of this IPO... But adding a rider that it may have very muted listing gains, BUT LONG TERM GREAT STOCK😂

If it will have a great fall on listing, people may as well buy at a discount, if they wanna keep it long term.

49. Investing for a better tomorrow | Link | Bookmark | November 9, 2022 3:24:11 PM

Top Contributor (200+ Posts, 100+ Likes)

Full OFS, the price band is really high for FV, which is only 1.

I'll avoid this one.

49.1. Investing for a better tomorrow | Link | Bookmark | November 9, 2022 3:26:44 PM

Top Contributor (200+ Posts, 100+ Likes)

Promoter holding will diminish to 33%... All red flags for me

48. UjwalG | Link | Bookmark | November 9, 2022 2:51:17 PM

IPO Guru (1300+ Posts, 600+ Likes)

This ipo is totally dead right now. By how its going i think this will be first ipo this year to withdraw/reduce band. Let see

48.1. Marwadi IPO | Link | Bookmark | November 9, 2022 3:19:46 PM

Yo IPO to gayo kaam se

48.2. Hostpacker | Link | Bookmark | November 9, 2022 3:19:47 PM

Who applied in retail ?? Check with daya.😄😄

47. vreddy | Link | Bookmark | November 9, 2022 2:24:15 PM

Is this ipo such bad? No subscription at all

46. Cautious ProPrio | Link | Bookmark | November 9, 2022 10:20:05 AM

IPO Guru (2100+ Posts, 1200+ Likes)

Cyber साईको ....???

45. PKRAJ | Link | Bookmark | November 5, 2022 12:38:16 AM

Five Star Business Finance, not looking Five S
tars any where. Providing secured Business loans to 'Micro' entrepreneurs and self employed individuals. How it is secured? Again to Micro entrepreneurs. Borrowings very high. PAT in crores.
Present holdings only 40% equity to be reduced after this IPO at 33.65%. Total OFS. Promoters not happy, it seems. Rs.1/- face value share at 474. Total size IPO of 1960/- . A big one.
NBFC for 'Micro' entrepreneurs and self employed entrepreneurs !!!
All these, not looking interesting risky for investors.

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45.3. k l patel | Link | Bookmark | November 7, 2022 2:24:09 PM

IPO Mentor (600+ Posts, 200+ Likes)

one should study P/E, P/BV, ROA, ROE and other parameters and not the FV.
for ex: company ABCs FV=1, CMP=300, EPS=30 and company XYZs FV=10, CMP=3000, EPS=300.
for both companies P/E ratio is 10, so both are equal at current date, then we should check which company's sales and profits are growing fast, we should invest in that company.
Small FV of 1 or 2 can be used to lure few new retail investers but cant attract investment from QIB and NII

45.4. PKRAJ | Link | Bookmark | November 8, 2022 7:20:08 PM

@Patel
Do you remember LIC IPO. Very big IPO. Subscription of QIB and HNI was also there. Were they not knowing the PE and other factors of the company. The present and the offer price, just compare. Why they subscribed the IPO. The QIBs are totally professional and there to make profit.
Only retailers always suffer. They are the victims
They invest their own money and suffer own losses. All retailers are not so intelligent like you and others. Investors and even members of this forum believe in GMP. Many avoid if GMP is not there. When you see a price of 3000 a piece, you will definitely think. They could have come with 10 fv. Why they avoided? My views. All Investors are not so learned one, otherwise no one would have applied in Reliance Power. Suzlon and latest LIC.
Individual thinking, Individual calculations. Thousands of investors subscribe for listing gain only and play only on GMP.
Why the shares of Adani Power gone so high within a period of less than a year. All things improved in small span of time. This is share market gentleman.

44. B.M.SURANA | Link | Bookmark | November 7, 2022 11:13:18 PM

IPO Guru (2700+ Posts, 5300+ Likes)

Anchor list 1

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44.4. B.M.SURANA | Link | Bookmark | November 8, 2022 9:50:02 AM

IPO Guru (2700+ Posts, 5300+ Likes)

Five Star
Chennai ,Raipur
GMP
Haath Aath
Par koi Lewaal konni haal tak

44.5. B.M.SURANA | Link | Bookmark | November 8, 2022 3:59:18 PM

IPO Guru (2700+ Posts, 5300+ Likes)

Five Star Business ipo
Date- 09 to 11 Nov
15k app rate - No rate
App rate above 2 lac
(434 x 474 = 205716) 1400/-
Apl rate above 10 lac
( 2139x 474= 1013886) 7000 / -

43. ~~Santosh Pareek~~ | Link | Bookmark | November 8, 2022 10:17:19 AM

Five-Star Business Finance raises Rs 588 cr from 16 anchor investors Good names in the book - 9 FPIs namely Capital Research, Fidelity Investments, Abu Dhabi Investment Authority, Norges Bank, Carmignac Gestion, White Oak, Malabar Investments, Bay Capital and Segantii and 7 DIIs (including four mutual funds, a life insurance company an AIF and a NBFC) i.e Enam, SBI Life Insurance, HDFC Mutual Fund, Baroda BNP Mutual Fund, Edelweiss Mutual Fund, Mirae Mutual Fund and Gee Cee Ventures.

42. VishnuY | Link | Bookmark | November 8, 2022 10:02:30 AM

Avoid- Since this is full OFS, and Criminal cases against Company and Director.

41. arunARUN | Link | Bookmark | November 8, 2022 8:50:06 AM

IPO Guru (2000+ Posts, 1700+ Likes)

Dicey opening. Growth path not clear
Take a call only on last day. Better to invest in listed peer given the valuation sought

40. ~~Shahukaar~~ | Link | Bookmark | November 8, 2022 8:00:48 AM

five star premium 8

39. KAPPO | Link | Bookmark | November 6, 2022 2:45:46 PM

IPO Guru (1200+ Posts, 800+ Likes)

Choclate khava thi daant bagdo shake che