Investors these days have no clue what to do with a tonne of idle money they've got ... A situation similar to penniless fuedal families with 8 - 10 daughters to somehow marry to someone....
What wouldn't they do to get them married? ..They would, even if it means marrying them to some dark, bald, fat, overaged dwarf with a clear hint of mental retardation...
issue not showing in Karur Vysya Bank (KVB) In ASBA section,kya kisi ko iss bare me kuchh pata hai????
142. PavanM| Link| Bookmark|
May 10, 2018 11:17:21 AM
IPO Mentor (500+ Posts, 400+ Likes)
I applied today without waiting for final subscription figures with below view:
As compared to its peers, Indostar is reasonably placed with respect to its profitability and shareholder's returns. And its asset quality is the second best only to Capital First.
At the higher end of the price band of Rs 570 to Rs 572 per share, the stock of IndoStar Capital is valued at around 2 times its book value post issue dilution. This is the lowest as compared to its peers. Given the growth potential from vehicle finance and SME business, robust profitability and shareholder's returns coupled with benign asset quality, Indostar's valuations appear attractive.
*IndoStar Capital Finance* *2nd DAY SUBS.FIGURE AT 12:35 P.M.* QIB 1.30X** NII 0.02X RII 0.16X TOTAL 0.45X **Excluding Anchor Total No.of FORMS : 56,226 *Apps Wise : 0.13X*
*IndoStar Capital Finance* *2nd DAY SUBS.FIGURE AT 10:10 A.M.* QIB 1.29X** NII 0.00X RII 0.09X TOTAL 0.41X **Excluding Anchor Total No.of FORMS : 32,287 *Apps Wise : 0.07X*