Pre Open Prices : Link For BSE- https://www.bseindia.com/eqstreamer/StockTickerSplPreOpen.html Link For NSE- https://www1.nseindia.com/live_market/dynaContent/live_analysis/sml/smlOrderBook.jsp?param=HOMEFIRSTEQG&symbol=HOMEFIRST
Good morning all allotted members Today is a listing of home finance I hope listing is better than expectations Listing range of home finance is 725 - 750
Yes Avaas fin. Has given decent returns since listing (listed around 600) Today trading@59.4(PE) Directly compared to HFFC , Hoping this will get same valuation
488.2. P Patel| Link| Bookmark|
February 2, 2021 5:49:57 PM
IPO Mentor (900+ Posts, 900+ Likes)
Tax Holiday announced for Affordable Housing Projects in Budget.
This is positive news for Aavas and so yesterday and today price goes up around 5%. This will reflect in HFFCL as well in tomorrow listing.
These companies should be compared on P/BV rather than PE. Avaas P/BV around 7.5 times and HomeFirst BV is around 150 so going by P/BV of even 6 fair value comes to be around 900.
488.4. Sharvam| Link| Bookmark|
February 2, 2021 9:26:54 PM
IPO Guru (1100+ Posts, 800+ Likes)
@ johny, You''re bang on target. This HFC companies are valued at P/BV. There is enough left on the table for investors.
Bhai koi pe pb ke sath abhi compare mat karo. Aaj k indigo paints k listing ko dekh kar samajh gaya hu ki share market mein sentiment hi sab kuch hai valuation kuch matter nahi karta.
Ek taraf irfc ka pe pb itna badiya hai but ushki listing negative mein hue hai. Dusri taraf indigo ka pe pb itna high hai phir bhi ushki listing shandar rahi.
Bas share market mein samay aur sentiments balwan hota hai. Aaj mujhe yeah samajh aa gaya hai
During first few days, IPO stock generally ( not a rule) is driven by supply and demand post listing which is mostly artificially controlled by large operators. I also give importance to valuation but only before applying.
Post application and allotment (if any), if we are not long term investor then focus should change to correctly and timely assessment and understanding of Demand and supply and then transact based on once own risk capacity.
I believe that HFFC will give more return than GMP. Rest everything depends on individuals ability to strike a right balance between its own greed and fear.
All the best for tomorrow listing. Hope you all win BIG.
As of now, I believe that HFFC stock should not be sold immediately but confirmation will come tomorrow based on my own understanding of demand and supply.
Thanks for your response. I have account with zerodha and ipo is allocated to me. But in Bhim app it shows my transaction is failed and amount is reversed in my SBI lien account. What should I do, please help me on this.
Thanks in advance.
485.3. Lokesh Chiru| Link| Bookmark|
February 2, 2021 11:07:55 PM
Top Contributor (400+ Posts, 300+ Likes)
If lien amount got removed from the account without any amount deducted then it means u have not been allocated any shares. If you have got allotment of shares then u might have already got a message to ur mobile and registered email if any by now. Just check the application status by providing PAN no so that u will come to know whether u got any shares or not.
If u have got then it will get credited by tomorrow 10 AM.