Housing and Urban Development Corporation Ltd IPO Message Board (Page 90)

Subscription Trend: As on 08.05.2017 at 12.00am Retail 51% (Overall 19%)

SBI proves how useless it is. It charges 60 even for retail investors. And the onlinebanking executives are complete retard. The moron told me to consult the website where we want to get the discount. Doesn''t even know what ipo means. whereas in axis i got 2 rs disc. automatically.

Yes ... You are right... I have applied for 3400 shares @ cut off... Keeping flat discount of Rs 2 in mind... But blocked 2,04,000... Now I will be consider as NII... So no discount and probability would be less for allotment in NII

Sarkari Babus...Bhaisaheb sahan karna padega.
Axis is Good for its fast service. I have good experience of it in Housing Loan.

Please anybody tell me that how much shares i can apply in Rs 2 lakhs application in retail category. thanks.

3200 @ Rs.60 price. Don''t take the risk of applying 3400 @ 58

Hi I want to sell my 2 application 98984 00166

Dear EEFOLLOWER
BEL Bharat Electronic Ltd shares of Rs 10 is now subdivided into the shares of Re 1 So now you are having 10 shares in place of 1 share
So don''t get disturbed
BEL is a very good PSU
Enjoy holding the shares

HDFC Bank has blocked 11600/- against single lot application under retail investor category.

so you have applied on cut off price.

Yes, applied at cut off and discount has been automatically adjusted.

Dear Experienced investors (Eagle Eye and Septaji),
I like many other small retail investors bought the (BEL) Bharat Electronics OFS at 1590 Rs/share. But on March 15th 2017 there has been a big drop to 160 Rs. And BEL has been in the Rs160-180,range.
-What is the reason for this?
-BEL advice: buy/ sell/ hold?
Thanks.

That is because of the share split, you must have got 1:10 shares and so obviously the high price difference to balance out

I want to sell 4 application in Jodhpur(Rajasthan) in 1700.
Is there anyone who wants to buy can contact me on 9.5.0.9.1.1.1.0.6.6

Safety due to govt. backing and future prospects are creating euphoria. An PEG of 2.75 (4 year profit) is quite expensive though an EV/EBITDA of 13 seems rational.
Both return ratios are under 10.
Net profit margin of 23 seems good but profit growth is quite slow.
Sales CAGR too is sluggish.

Hi, what is the current GMP for HUDCO?

Guys, how many lots are you applying for ? what is the max probability of allotment for how many lots?

Eagleye please tell THE GMP of HUDCO
and should we hold S chand or not

Want help..I am new to this forum and I want to apply for HUDCO ipo..I don''t have DMAT account but my mother have it..but she doesn''t have DMAT account linked to ASBA aacount but now she has joint account with me in Bank of Maharashtra..now the question is can I apply through our joint account on my mother''s DMAT account..

Yes you can apply by filling the printed form where ASBA is not compulsary.
Important is to have Demat Account.

HI , Every One .

Regular retailer maximum kitane lot ki application kar sakata hai ?

me 200 qty ka kitana lot bhar sakata hu ?

(200 Qty * 15 Lot ) 3000 Qty Share with Cut Off Price ?
(200 Qty * 25 Lot ) 5000 Qty Share with Cut Off Price ?

can any buddy guide me ?

Max you can do is 16/17 Lots in 3200/3400 under Retail category.

If the Cutoff price is 58 you can do 17 Lots, if cut off price is 60 you can apply for 16 lots.

HUDCO IPO

GMP- 1150-1250
APP- 27-28

probably it would be reverse one.....

Meri individual application 12000 amount blocked hua. Sbi me
Sahi he?

At the time of allotment, amount debited only 11600.

amount will be blocked after discount

Subscription Trend: As on 08.05.2017 at 11.00am Retail 37% (Overall 13%)

There are no messages from either Septa or Eagleye. Seems something is missing. Hope they are still interested in this forum

HUDCO’s EPS for FY2016 is Rs 4.05. At the lower price band of Rs 56 per equity share of Rs 10 face value P/E works out to 13.8 times of FY2016 EPS. At the upper band of Rs 60 per equity share, P/E works out to 14.8 times of FY2016 EPS. P/E on annualized 9MFY2017 EPS of Rs 3.31 per share works out to 16.9 at lower price band and 18.2 times at higher price band.

The book value of Hudco is Rs 44.8 as of December 2016. The adjusted book value, net of net non-performing assets, is Rs 42.05 per share.

P/BV for Hudco works out to 1.34 times and P/Adj BV at 1.43 times at the upper price band

There are no comparable listed companies in India engaged in the same line of business as the company. However, among the comparable PSU lenders in the infrastructure space, Rural Electrification Corporation (REC) is trading at P/BV of 1.3 times and Power Finance Corporation is trading at P/BV of 1 times. All BVs are as of December 2016.

At the price band of Rs 60 per share, Hudco is offered at a P/E of 18.2 times (annualized 9M FY2017 EPS). Among the comparable PSU lenders, REC trades at P/E of 6.1 times and PFC at 5.7 times (annualized 9M FY2017 EPS).

What use is P/B when there is NO GROWTH. The lower P/B ratio does not always mean that the stock is undervalued, it may also mean that the stock is under performer.

Dear Jonam
This is what really confusing....Does Hudco deserves to trade at 2 times book value...that''s what GMP is indicating and many brokers/analyst are assuming....

If better performers like PFC, REC and IDFC(not bank) are trading at 1.1, 1.47 and 1.04 P/BV respectively then why market should assign 2 times multiple to a no growth company like Hudco.....

While some banks block 12,000, some banks block 11,600, no need to worry, as it depends on a particular bank''s software...however, upon allotment only 11,600 will be debited for 200 shares.