IndoStar Capital Finance Limited IPO Message Board (Page 35)

Gmp 28*32 go for listing gain

IMO Subscribe for decent listing gains

GMP of Indo ???? is 18-20.

ReNew Power filed draft red herring prospectus with the Securities and Exchange Board of India on Tuesday.

The IPO comprises of fresh issue of shares up to Rs 2,600 crore and an offer for sale of 9.4 crore shares by selling shareholders including GEF, Green Rock and GSW.

Kotak Mahindra Capital Company, DSP Merrill Lynch, Goldman Sachs (India), JM Financial, JP Morgan India, HSBC Securities and Capital Markets (India), IDFC Bank, UBS Securities India and YES Securities (India) a ..

Read more at:
//economictimes.indiatimes.com/articleshow/64083431.cms?utm_source=contentofinterest&utm_medium=text&utm_campaign=cppst

GMP 24-28

Wait and take a call last day based on numbers

There is 28 anchor investors invested in this company. AI are good. Sundaram Mutual Fund applied 17 various schemes. Out of 28 there are 11 foreign investors participated in this issue. Now Pricing is good and anchor list is good, we have to look how qib subscribes during bidding period. If above 20 times from qib then we consider for applying for listing gain.

Rajakumar

Anchor list, GMP, subscription details are not the right indicators to apply in any IPO.

Time and again they have proven wrong and will be proven wrong in future too.

Dear KRB
You are missed pricing characters. Pricing is good. Stock market is always risky. One cannot judge any ipo before closing date how it will list like Lemon Tree and Apex food.
I told if Qib subscribes above 20 times means you may not loss on listing. There will be fair chance to listing gain. Your point is taken, anchor list, gmp will not consider for listing gain. But strong Qib numbers may list the stock above the issue price.

I saw a number of posts on the business of the company being very risky and hence not to invest. Which investment is not risky? Risk and reward are the basics of investment strategy. An investment in GOI bond is also risky because there is the interest rate risk eventhough credit risk may be zero. Risk as such is inherent in all businesses. It can not be avoided, but it can be mitigated through risk management practices. Finace and Banking companies manage the credit risk through various techniques such as Sectoral exposure cap, Per party, per group cap, margin requirement, security cover, Credit scoring etc. This company practices international standards of risk management practices as is evident in low NPA levels after so many years of being in business. Any how as an investor one needs to keep a stop loss according to ones risk appetite and not get married to a share for life. For people only looking for listing gain, business risk of the company is not an issue at all!

Welcome back Chitra mam , now you only expert left in this forum who suggest with genuine reason.So keep guiding and thanks.

Anchor investors are good.
Comparing Peers, P/E ratio also fair and valuation is not higher.
GMP also fair.
We should wait for QIB subscription rate. If good, we can apply this IPO.
Other than above factors, if any other thing should we consider? Kindly tell me.

Dear KRB

thanks for your information now should i apply please guide

Avoid from icici and capital first

Sorry it's icici life insurance & that too 611844 nos of shares comprising 6.33%

Paritosh/Papon

Read the ICICI Direct report for Indostar IPO which they have recommended avoid.

The reason they have given is risky SME loan to real estate sector.

I wish these MBA analyst from JBIMS and NMIMS of ICICI Direct should have consulted Ms. Chanda Kochar when she was giving loans to Videocon grp, J P group, Essar and many more.

They find indostar IPO with NPA at 1.7% risky then god knows what must be their opinion on ICICI bank NPA. Maybe these analyst will close down the bank.

Ms.Chanda Kochar's Modibhakti wont take her anywhere nor the ICICI board support.

She has to go or forced to resign and a new talented chairperson can only change the destiny of ICICI.

Indostar ipo grey market not active with no good review from brokerage. But I think this IPO is good with decent valuation.

With loan book growth of 30%, decent RoA of 3.8%, PAT of 25%, price to book value of 1.9 based on FY 18 E, NPA at 1.7%, this looks decent TRADING bet.

Gmp 32*35 ahmedabad ...now fire ..

Rajkumar bhai is giving perfect and clear advice
We follow your advice
Keep it up

Hi, now I think we can subscribe this IPO???

Whats your review....

Gmp of indo star is 29-31.....application-370-400...apply for listing gain...I think after subscription figures gmp increase

Anchor list out.

https://www.bseindia.com/markets/MarketInfo/DispNoticesNCirculars.aspx?page=20180508-27

New premium 28*32 now journey starts

Avoid from icici and capital first

For listing gain apply or not and plss give review on aster dm i have 4 lots on ipo price 190 now what to do hold or sell ?

Gra up after declared anchor list .touch on 30 to 40

yet not declared on any sites nse and bse.