Jana Small Finance Bank Limited IPO Message Board (Page 8)

I have applied in employee category but the demat details shared with my employer was different then what I actually applied from. Will I be still elligible for employee category or not?

​@ipobazaar I am not expert, but, i think the things those matter are
PAN number, your employee status, any restrictions from employer side.

Again, i am not sure, but demat Ac should not matter..

Any expert who knows for sure please let us all know🙏🙏

​@ipobazaar I second the views expressed by our friend @Vimal Garodia . Understand, RTA only matches the list of employee and PANs shared by the company. From which demat a/c, application is made has no relevance.
All the Best 🤞

Applied 2 BHNI and one SHNI

​@Palka  Great. All the Best 👍

i am new to this forum can you guide me how to apply for any ipo and how chances get higher of getting it

Just spend few minutes for a day here you can learn here
You can apply form banks ASBA or UPI id
.
To get chances open accounts your family and friends and apply from those accounts then only your chances high

​@manishnewstock  Suggest study the basics and understand the concepts thoroughly. Just do net search with keywords
introduction to ipo chittorgarh
And you have access to all the useful details.

2sHNI applications

Jana SFB IPO,
10 Retail apps

Jana SFB IPO,
2 Retail allotments

Holding for few days

Applied 7 Retail apps here. Waiting for some allotments with first time listing gains of 2024.

​@SOAM You will get definitely 1 or 2

ALLOTMENT RATIO :-
BHNI :- 1:6
SHNI:- 1:20
RETAIL :- 1:5

Applied FF
This one has valuation comfort and discount listing chances are less.

I too applied FF in bhni

Applied 2 BHNI

Allotted 1 / 2 BHNI

39-41

​@MAMU  CG shows it as 42. It will be interesting to see if this counter succeeds to list with over 10% premium. Nahin?

In such subscription not even bad that will list around 10%.

I apply 7 BHNI , let's see listing day , BALLE BALLE🕺🕺🕺🕺🕺

Good subscription figures

​@Tejas Pandya Jana SBF and Capita SBF apply karyu ???

Jana- Yes
Capital - No capital left ..

Jana SFB IPO
Final Verdict

Risk Takers can Apply For Small Listing Gains And Long-term

Highlights of the Issue :

Date : 7-9 Feb
Price Band : 393-414
M.cap : 4330 cr
Size : 570 cr
Fresh - 462 cr
OFS - 108 cr

Objects of the Issue :
Augmenting Tier-1 Capital To Meet Bank's
Future Capital Requirements
KPI's :

AUM - 23k cr +
NAV - 346.4
PB - 1.2
PE FY 23 - 16.9
PE FY 24 TTM - 10.2
GNPA - 2.44%
NNPA - 0.87%
NIM - 7.78%
CASA - 20.5%
COF - 7.6%

Positives :
1.No Geographical Concentration Like All Other Listed SFB's
Top 3 States - 38%
Presence - 24 States
Branches - 771*
Cities - 180+

2.Consistent 30%+ CAGR Growth On Majority Parameters

3.Good Management

4.Reasonable To Cheap Valuations Compared to Average PB of 1.8 in the industry whereas Jana Is coming at a PB of 1.2

Negatives :
1.Highest Cost Of Funds Among All The Peers ,
Which is a big big negative

2.Transforming The Loan Book From Unsecured To Secured will Negatively Impact The Pricing Power
And NIMs , Tough To Sustain that 7.8% level

I am Personally Avoiding

Jana - applied 3 retail apps.
Rashi - applied 6 retail apps.
Avoided Capital SFB!

Added one more SHNI. Total 2 SHNI. At least on Monday some curious moments would be there on positive outcome from Rashi and Jana 👍

Both GMP improved

Jana SFB - 42
Rashi pheripherals - 83

Yes.

Actually very badly...

Applied 1 retail

Applied 7 SHNI apps

RP 3 retail
Jana 2 retail

Jana 2+1 retail
Cap skipped

Applied
16 Retails
2 Shni

Applied FF in SHNI category..

છેલ્લા બોલે six મારી દીધી ભાઈ 😁