Jana Small Finance Bank Limited IPO Message Board (Page 10)

HI,
From probability pov, which quota (retail pr hni) has highest chances of allotment? And does it hold for all the IPOs in general?

Bhni > retail > shni, but but, hni you will get 14 lots and retail just 1 lots. So best chances are in bhni.

Multiple accounts and limited money then sHNI is best.

Allotment will be easy in Jana than Raashi

Those who are applying, react here.
👍

skipping FF

​@Admin @ Chittorgarh.com Please check EPS data for 2023. It is 47.47 Rs for year ended 2023. Page 119 of RHP. You have mentioned incorrect data in the main page. Also for trailing 12 months, it is 70.. So PE for pre IPO and Post IPO changes dramatically. @newgen consultancy​  @Tejas Pandya All IPO Gurus, please check

Can someone pls post the fix application rates & Sub to allotment of BHNI application in Capital, Jana & Rashi ?

Request admin @Admin @ Chittorgarh.com to add a drop-down list menu to choose newest posted messages first. Scrolling through older messages to find any new messages is a pain

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Made 2 retail applications. Will go for 1 more if retail crosses 3x.

Retail app wise: 5.38 times. Allotment is possible but chances are low.

​@MVPji, not at all. The AIF route is part of my family PMS stake that is handled by our trust. I'm just a small shareholder in it.

58-60

applied 5 retail

Why is there so less Discussions on IPO Pages now?? is there something wrong here or is everyone too busy to for a healthy discussion ?? Many of the IPO Gurus and other tag holders are not even commenting, am i missing something?

​@Rabby Hmmm.. Let us make appeal to all the members to come forward and participate more. Have no idea as to what can be done for other stalwarts/members not seen these days at all.

Many of them still enjoying massive unexpected lifetime biggest ever gain BLS just provided it seems 🤓

Good Premium or no premium on listing day, I am personally not convinced about the two SFBs—Jana and Capital—for the obvious reason that their Debt is more than their Revenue. Increasing Revenues are only at the cost of increased borrowings? Are they falling into debt trap? These questions to be borne in mind before subscribing, in a big way, to these IPOs.

Debt of NBFCs/SFBs are always on the higher side and is a norm in the industry. This is evident in recently listed India Shelter, ESAF, Fusion etc.
Experts kindly correct me if I am wrong.

The type of business verticals they are in, its not possible to be without leverage. In similar lines where P/B matters more than P/E for such finance related counters.

Humble Request To Everyone To Please Wait for The Final Verdicts For Jana SFB And Capital SFB
My Bias Has changed Towards Jana From Positive To Negative
And Capital From Negative To Positive
Also ,
I hope Everyone Remembers Our 1000 Target during Azad Engineering IPO

If Capital SFB's loan book is 100% secured, why the GNPA and NNPA ratios are the highest in the industry?

New Gen Consultancy
please give your final verdict by 2pm , icici asba closes by 3pm
regards

Why there is no single foreign QIB in following ipos
Jana
Rashi
Capital

Anyone please comment?

Being relatively small issues <=600 cr, allocation available/offered to Foreign investors is miniscule in Anchor, if at all and hence they're typically relatively less interested. They may still come through QIB once book building starts.

Keep minting!

Thanks

The aggressive pricing of Capital sfb and cheaper pricing of Jana sfb may be due to:
Capital sfb loan book is very secured than Jana sfb.
Capital sfb - its 99.85% of loan book was secured. In that 85% of the loans secured by immovable properties. ✅
Jana sfb - high illiquidity ratio possesses a limited quantity of liquid assets. Further Jana bank has extended new loans to microfinance borrowers with previous NPAs, offsetting earlier NPAs with the proceeds of these new loans. This practice carries the risk of worsening asset quality and escalating credit risk.
For banks, Safety comes first than Valuation.

Forwarding book value will come around 400 so p/b will be around 1 at issue price.
And just 7 pe
So less risk in Jana than capital

So far inspite of aggressive pricing Capital performed better than Jana.

I have 1 demat and 2 saving account in 2 different banks, can I fill IPO from both Bank account?
Experts please advice.

Can open another demat to fill more IPO

​@Ajjuadn It does not matter if you have 1 or 2 demat. One PAN one application, simple..

From my side 'Jana' to Jana SFB.

can anyone tell me how to calculate post ipo EPS OF JANA BANK

can anyone tell me how to calculate post ipo P/E OF JANA BANK

Out of topic, in over subscribed share holder's cota if we apply more than 1 lot, is there any chance to get more lots of more shares than 1 lot ? Pls confirm anybody.

No please

I am a new member to investing and the site.
What is the Market Cap of the company based on Price band 414?
When I checked the number of allocated shares of Citigroup has 3% portion is 1,20,788 it means ~40,262.66 shares for 1% and 100% means ~40,26,266 shares.
Price band of 414 means = 40,26,266 * 414 = 1666.87 CR market cap
Is this calculation correct?
Here they gave 3366 CR https://ticker.finology.in/IPO/upcoming/jana-small-finance-bank-ltd?

You have made a slight mistake. citi group has been alloted 3% of reserved anchor portion and not of total equity.
You can refer to share holding post issue in the above tables. Then calculate market cap