India Shelter Finance Corporation Limited IPO Message Board (Page 22)

Crow Verdict: Not every lender can become an HDFC or Bajaj Finance and not every lender focusing on middle-class and lower-income groups can find shelter from the dreadful NPAs. It's for this reason I have a poor view of new entrants and small lenders in the housing loan sector. I'm surprised India Shelter has been around since 1998 and still has managed to disburse only about 5,000 crore worth loans. It's nothing extraordinary and nor is this issue.

However, save for the low post-IPO promoter holding and not-so-cheap valuations, I don't see any major red flag. Those who believe in the power of GMP can apply but beware that this may list along with DOMS and everyone could be penned down on that scrip. This may disappoint on listing.

Crow's skin in the game: 3 retail applications.

Crow's last NEUTRAL recommendation: Fedbank Financial (-1% listing and currently up 5%).

Welcome back @Crow Do you have a similar view on Muthooth as well?

​@CoolAshji, I haven't studied Muthoot Microfin yet but it being a micro lender is enough to not go long on it. Plus, it's a Kerala-based business, which is a dampener. But the premium is damn too high on the streets, just like Motisons and Doms.

I have previously burnt my fingers in Aptus Housing.

​@newgen consultancy @Basuvr @Tejas Pandya @PLAZA 

Anyone use HDFC ASBA for SMALL HNI ?

I placed order after 4 pm today but it is not showing in order book... will it show tomorrow or i have to apply it tomorrow again.

It showed me some message but i click "OK or Confirm".. as we come after each bidding..

Clear my doubt..

Thanks in Advance..🙌

I have seen around 4 to 7 pm HDFC ASBA doesn't allow to apply as they do backend processing.. you can apply now ...

​@Just For IPO 🚀 I tried applying HDFC ASBA around 6 p.m. and got message that system is in cooling mode.. after 7.30 p.m. I was able to apply..

Pls tell this..

Agr S(HNI) ME apply Kiya min 14 lot apply kiye then...agr select hua to 1 lot milega ya min 14 lot ...ya jyda oversubscription me S-HNI me 1 lot bhi de dete hai...ya selection pe 14 lot hi milenge ... sure shot...agr select hua to

In oversubscribed ipo you will get minimum 14 lots if allotted. 🙏

This IPO has already been oversubscribed. So u will get either no allotment or 14 lots. U will not get one lot or more than 14 lots etc

Experts plz help. I have applied India shelter ipo via upi but mandate acceptance got failed due to timeout error from bank side so I cancelled the ipo request and than apply via asba and application is successful but now amount is put on hold twice for upi application.
What should I do whom should I contact.
Note- mandate is still showing processing in gpay but hold is created.

Help plz

If the gpay mandate acceptance failed but still funds are blocked then it's some technical issue, the funds should be unblocked by gpay in 3 working days or before. If you want you can raise complaint with Gpay and your bank to unblock the funds asap 🙏

FINAL VERDICT

APPLY For Reasonable Listing Gains
( 20-25% ) and Long-term

Seeing its 35-40% CAGR Growth
A Post-issue PE of 38 is Fully Priced

Still a very small 10% move can be expected Post-listing

Good Company , No issues

But Yes this sector hasn't made good wealth
So Try Exiting if 30%+ Gains are on the Platter

Thanks for the verdict.

Was waiting for your verdict 😊

Itna Sara IPOS..,
Oo Bhai Bhai Bus jara rukho sas lene dooBatting hi Batting karna this weak..
Due to shortage of funds there is no other option RUNOUT hona hi baki hai....
More Mainboard IPOs ka option using
1st time😔

Umid hai ki kahin na kahin kuchha na kuchh mil jayega.

Applied one retail only

India Shelter is not giving good shelter looking into the sector. Financials according to me looks ok ok. Pricing looking on higher-end mean without shelter. Subscription figures not giving any shelter. GMP not on shelter mode. Issue size also not giving shelter. Inspite of all negative shelters likely to give bit shelter on listing. Allotment may give some shelter than other IPOs and SMEs.
In these circumstances of shelter I may AVOID this shelterless IPO.
Good for those who belive in : SOMETHING IS BETTER THAN NOTHING.
All my personal views and not to disappoint anyone. Think and do whatever you want to do.

I will pluck lower hanging fruits instead of plucking fruits hanging higher... Though fruits are smaller but it will cater my need...

Thanks sir
I will avoid due to more ipo in line so why to take risk

@ how much times will QIB portion subscribe

​@newgen consultancy Sir does it looks discount/bad listing here or 0 chances in any case?
Because I'm fed up of non allotment since 1.5 years and I want to apply here because of more chances apparently, I'm happy if I will get anything.
I want to apply 4 BHNI.
Doms and inox looks unreachable , I never allotted in BHNI subx above 5x so thinking to apply here please suggest..

Should I go for 1 Lot in small HNI or 2 Lots in BHNI? Which one has higher chances of allotment? Experts please guide

Normally BHNI has better chances over SHNI, but depends on Subscription in each category

🙏

THIS WILL GO IN BHNI OR RETAIL
I DONT HAVE OPTION TO CHANGE CATEORGY
ITS ONLY SHOWING ME JUST RII
PLZ HELP

.

2040 share application will go in BHNI
🙏

Applied ( Minimum) in Retail Category from our two accounts as chances of allotment are more, though margin of profit will be on lower side.

Wish you luck sir..

Sir,
Thank you very much for your kind wishes. Best of luck to you too.

Expected subscription figure?

back here after 10 days.
were too much busy in traveling,

​@newgen consultancy Sir, I can apply for 2 retail applications in Indian Shelter apart from 2 retails applications in DOMS and Inox. Please suggest whether is it worth applying for small/moderate listing gains or should I skip it altogether?

Small and reasonable gains possible on listing, otherwise this is a long term bet as evident from the Anchor Book

NEW IPO
AZAD ENG... 20 - 22 FINAL DATE
RHP_FILED_TODAY ⬇️

FRESH ISSUE : 240 CR.
OFS : 500 CR.
TOTAL ISSUE SIZE : 740 CR.

QIB : 50%
NII : 15%
RII : 35%

LM : ICICI , SBI , AXIS , ANAND RATHI
RTA : KFIN

expected subscription, please.... i have no contact of grey market. i have to keep it open. please guide

​@Palka 
Expected subscription Bhni applicationwise may be 6 to 8 times
Chances of allotment are better in comparison to other ipos.
Current GMP is around 30%
If market corrects then 20% listing gain is expected..
So you can decide now ..
This is My opinion only , in share market everything is possible..
Hope for the best.
Thanks.

150-155 @4:50 on day -2

If I apply in retail category for 1 lot or I apply in multiple lot which has more chances to get allocated. I am new member Can someone explain please .

Both has same chance of allotment if IPO oversubscribed (1x in retail) then it make no difference between 1 lot application or 2 lot application. So it is beneficial to apply only single lot.