Muthoot Microfin Limited IPO Message Board (Page 11)

Thank you @newgen consultancy  for your forthright views on the IPO.

​@newgen consultancy Sir which one we should choose between muthoot and Suraj
Which will be safest bet?

​@Ipo is coming 
Very Tough to Choose between them
I am too confused between both ,
I am thinking Muthoot but no concrete reason to choose that

I request everyone who is reading this to share his/hers views
I am not able to make A Decision

​@newgen consultancy I am also trying to choose muthoot but it's GMP continuously falling where in Suraj it is stable like Uday Shivakumar Infra I am not comparing with Uday shivakumar.

Should we apply by seeing Qib subscription ?
RIGHT NOW I am going with Muthoot 12 lots in retail and 3 shni (maybe )
Let's see tomorrow if GMP can recover from the subscription of Qib
@B.M.SURANA Sir keep us updating with GMP and what will be your final view are you still going with Muthoot in retail?

Dear newgen my take is Suraj.... as it is in realty biz. and quite reputed.... there is no doubt that muthoot in long term will give better returns but Suraj may give better return on listing.....happy and Mufti will not be allotted as high in premium .... I must say
Priority wise
Suraj
Muthoot
Rbz
Happy
Mufti

I'm skipping both.

Keep minting!

Took a call. 3 bHNI for Muthoot and 3 sHNI for Suraj. Reason: Better chances in Muthoot though listing gain would be less. Had I had enough money for both bHNIs, I would have done surely but we can't have unlimited funds, can we? :)

Forgot to thank you @Crow And @newgen consultancy With your views. It helped with the decision

​@newgen consultancy going with both Muthoot and Suraj - 3 BHNI each.

I like Muthoot - Annualized PAT of 400 Cr in FY24 with 5000 Cr market cap (at IPO price). Revenue growing 70% on HoH basis (compared to Fusion growing at 35%). PE of 12 on FY24 numbers with this growth is a steal. Personally I don't trust the GMP, the fundamentals are excellent and I believe there's a chance of 15-25% pop so PE falls between Fusion and Grameen, but let's see how it lists especially with the market showing some cautiousness.

For Suraj also, I'm looking at annualized basis (56 Cr PAT in FY24), the PE of 27x of is reasonable relative to peers with steady if unspectacular growth in topline. I don't know if numbers have yet been filed for Q2 '24. If limited capital, will go with Muthoot first and then Suraj - personal view only.

​@rohiitian 
I am too analyzing the same
I will not be surprised if Muthoot
Posts 500 cr+ Earnings in this Fiscal

It's Commanding a PE of Just 10-11 , Highly Attractive

And PB Ratio is still Looking Attractive to Peers

Also Suraj has good Earnings this year as well as next year

Both are good Long-term investments

​@rohiitian @newgen consultancy , I think non-banking lenders are under RBI's radar and currently out of flavor.
India Shelter also listed well below GMP and and fell further post listing.
Long term may be good option but for listing I personally may not bet on Muthoot.

​@newgen consultancy 
I m with your view
कौन है जो डर पैदा कर रहा है? सिर्फ नई फसल न पैदा हो
डर के आगे जीत
कौन है जो अभी भी पैसा लगा रहा है ? क्या आम आदमी ?
IMO BHNI लगभग 15 से 20×
साधारणतय में कहता नहीं पर मुझे डर नहीं लग रहा
I APPLY BHNI 10

​@GrayIsTheNewBlack yes there's been a general compression in NBFC space, but given allotment probability is high, and chance of listing gain is there, I'm going FF. Fundamentally this is still cheaper than listed peers which have taken a bit of a hit after the new regulations, and that's the rationale for investing.

I think biggest risk now is market sentiment given how secondary market is falling today. Is there reason to believe sentiment will persist till Monday? Then this has risk, but if markets recover in next couple of days, this will not list negatively atleast.

For getting merely 1 retail lot, you are doing too much research and review.

​@IPOTraders that's called a true investor in spirit, keep that beak up in air high sir, keep crowing!

I really like crow verdict, how was your trip by the way

Which bank ?
SHNI is not possible to withdraw. pray it will not allotted.

Thank you @Crow sir...It's really good to have back!

​@SARWAN KUMAR AGARWAL 

Sarvan bhai
you are ready to invest 50Lakhs on borrowed conviction.

with such capital, you should never take this kind of RISK

Kindly learn the investing fundamentals or take services of a portfolio manager brother

for this Muthoot IPO, as per my analysis you shouldn't apply BHNI apps here and take the risk, GMP is falling and PE is on higher side

rest is your call

you can read my post on this IPO if you scroll down

do rate the helpful post

@Aaashish. Not by borrowed convictions. I am applying in IPO since last 38 years. Most of the ipo are running and listing only by sentiments of operators. Till date I never loose money in ipo market. After tata technology ipo most of ipo are not coming with fair valuation. Look at motisons. Very poor track record. Satoria hai.

Bhul kar bhi mat laga dena bhai itna bada payment।.. Meine to sirf 3 retail lagai usme bhi negative listing ka darr hai.... Totly flop hai ye ipo

​@SARWAN KUMAR AGARWAL 

Ok Sarwan ji

you are quite elder to me and hats off to your longevity in Stock market

My apologies if my post hurt your sentiments in any way

IMO, if one knows that the stock is fundamentally weak, one shouldn't apply FF just based on sentiment or GMP because they can turn anytime.

case in point is Motisons as you mentioned, I am going only retail and not FF in that, for simple reason that it is being operated and other issues are fundamentally better.

Anyone could be wrong and each one has a different strategy and risk taking capacity, so to each their own.

Well I have been wrong about this IPO. Not sure why though?

May be the brokers and fund houses know something not meeting the eye.

Minimum 15-25% was my estimate for listing gains. And i thought QIBs will subscribe 20-25x minimum.

Couldn't have been so wrong. Market teaches daily. 😊