IndoStar Capital Finance Limited IPO Message Board (Page 30)

Apply for little listing gains ...../

Longterm view can give more returns.....!!

How many kotak and premium????

premium 10/12 at 12:30

Its a decade of NBFC's. Stocks like DHFL, Bajaj Finance has given enormous returns over the last 4-5 years. The same trend might continue for another 2-3 years. I think we should invest in this stock as its a growing company. This is my personal opinion

but you will get in low cost after listing for sure

latest subscription update pls.

qualified Institutional Buyers (QIBs) 3.3962
Non Institutional Investors(NII)      0.0685
Retail Individual Investors (RIIs)      0.6774

Total      1.3215

QIB 3.3962

NII 0.0685

RETAIL 0.6774

RETAIL 0.6692

subscription figures ??

2013: Pharma is a defensive sector, Nothing can go wrong
2018: Pharma is a cyclical sector, everything can go wrong

2018: NBFCs is a structural Play, nothing can go wrong
2023: NBFCs is _________________, everything ______________ .




Go for listing gain atleast 20 to 40

EXACTLY!!!

1990 CEMENT
2000 IT
2007 INFRA AND REAL ESTATE
2010 PHARMA
Now, since 2016 its NBFC. This may go up but after 5 years they will trade lower than what they are today

In between 2000 to 2007 there were two sectors viz., Bio tech and Public Sector.

Applied. :)

Not looking for listing gain. Will keep it for med term.

Added more. :)

I applied 4 out of 8 account just now

IndoStar IPO:

I am applying this ipo. It looks like risky for short term and listing gain. Increasing US $ and crude prices makes short term atmosphere risky. Chances are more listing gain is not possible or less listing gain. I will go long on this.

The issue is priced in.
Company has shown good growth- Nice CAGR

NPAs are bit touchy point, however in my belief small NPAs will be new normal for this FY due to change in RBI policies.

Hence could be subscribed by some risk players for listing gain. While for investors, as many analysts mentioned, its Long Term game.

*IndoStar Capital Finance*
*FINAL DAY SUBS.FIGURE AT 12:10 P.M.*
QIB 3.25X**
NII 0.06X
RII 0.63X
TOTAL 1.26X
**Excluding Anchor
Total No.of FORMS : 2,44,382
*Apps Wise : 0.56X*

@12.00 noon

QIB 3.26x
NII 0.06x
RII 0.63x

Total 1.25x

RETAIL 269127 FORM 12.00
0.6193 TIME

Indostar Capital good response till now, Gray market premium aslo up now to 24-26. I think by day end it will cross 34

In which state this premium is showing

Summary

Mehta Equities | Rating: Subscribe
KRChoksey Research | Rating: Subscribe
Aditya Birla Capital Securities | Rating: Subscribe
ICICIdirect | Rating: Avoid
SMC Research | Rating: 2.5/5
Ajcon Global | Rating: Subscribe
Arihant Capital | Rating: 4/5
Market Guruji | Rating: Subscribe
Dilip Davda | Rating: Subscribe For Long Term
SP Tulsian | Rating: Subscribe
SmartInv | Rating: Subscribe Med to Long Term
Nirmal Bang Securities | Rating: Subscribe

only icici direct says avoid so we should avoid icici direct

Also ICICI Prudential Life Insurance is an anchor investor here.

IndoStar Capital Finance Limited IPO
Links for Checking Subscription Numbers
NSE:
https://www.nseindia.com/products/content/equities/ipos/ipo_current_indostar.htm
BSE:
https://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3704

IndoStar Capital Finance Limited IPO
Latest Subscription Figures as on Last Day (Day 3) @ 11:50 PM.
QIB (NSE+BSE) = 0.82X + 2.44X = 3.26X
HNI (NSE+BSE) = 0.03X + 0.03X = 0.06X
RII (NSE+BSE) = 0.16X + 0.44X = 0.60X
Total (NSE+BSE) = 0.32X + 0.92X = 1.24X

It is not expected to list at significant premium. So for guys looking for listing gain its a risky gamble. Many good ipo stocks like ICICI Securities, BSE, Future Supply etc are avaiblable at attractive rate which can be bought instead of gambling in this ipo. Spike in bond yields is fundamentally negative for NBFCs and hence best time of NBFCs seems to be over.

Bhai naya star aaya hai , Indo STAR*