still we want to know your view on application. As you have already provided your view that you are applying, but based on the position of today, what you suggest ?
This is against the common feel and comments here and mainly my analysis. The company has a book value of around 300+ and is priced at P/BV of 2.5 at 775. Finance companies are never valued against PE and P/BV is better comparison. Compare this with Can home finance, current P/BV is 5.5. Gruh finance is 14.4, HDFC is 4.1 (though it is not pure home finance), Indiabull housing is 3.41 and LIC housing is 3.24. The management is competent and their last 5 year result is better than the industry. The industry PE is 27. With all valuations the issue has atleast 25% upside potential and a fair value of anywhere between 1000-1500. You should be able to get this counter at 1200+ in a years time. I am not sure any listing potential which may depend on the market variance but this should not disappoint in a long term.
377.1. Pandit Ji| Link| Bookmark|
October 26, 2016 1:29:57 PM
Top Contributor (400+ Posts, 200+ Likes)
Good info
376. Eagleye| Link| Bookmark|
October 26, 2016 11:50:59 AM
IPO Guru (6600+ Posts, 22000+ Likes)
Apply both PNB and VBL IN WORST SCANARIO ONE WILL LIST AT DISCONT AND ONE AT PROFIT. SO NO LOSS. IN MEDIUM CASE ONE AT PAR AND ONE AT PROFIT SO ONLY PROFIT IN BEST CASE ONE AT PROFIT AND ONE AT PROFIT SO ONLY PROFIT
Can any one tell me which is better way to increase chances of getting allotted? Applying full quota (2 Lakhs worth of lots) ? or around half quota?...I am asking because I didn''t get allocation many times when I applied full quota but allotted most of the times when I applied around half quota.
Thank you for the information. I have been applying many IPOs but didn''t know many facts listed in those FAQs answers. Great info :)
371.3. Pokemongo| Link| Bookmark|
October 26, 2016 6:46:57 PM
Top Contributor (400+ Posts, 300+ Likes)
Generally if it is subscribed by less than 3 times in retail investor category chances of you getting the lot are more if you apply only 1 lot against multiple lots. Same was case with Endurance.
Your earlier positive recommendation proved fake Who can believe your negative comments
367. Septa| Link| Bookmark|
October 26, 2016 8:59:03 AM
(4000+ Posts, 4600+ Likes)
IMO PNB is safe bet if u look at it balance sheet will give 10% listing pop at least. so 775+80 = 865 to 900 will be the listing price give the bull run seen in HFC however since it is big issue so liquidity will not be problem for demand from Fiis and Diis but if 30 times was the demand for anchor book then we can expect bumper listing. So all should put minimum lot application i have already put 7 application with minmum lot kept one application pending for HNI if the demand is less then 15 i will put an HNI application also
QIB HAS subscribed on first day and HNI have also applied
usually subscribtion is nil on first day
so 100% apply
they are not fools
if you do not apply you are fool
362.1. Silapathar| Link| Bookmark|
October 26, 2016 12:17:47 AM
Top Contributor (400+ Posts, 200+ Likes)
Do not make sentimental / emotional /illogical statements. QIB also subscribed multiple times to ICICI PRU. No one can make money in the market just by following someone.