Who want more shares will apply full application ,if retail portion subscribed 1 time and apply 4,5 applications you will get 8,10 lakhs rupees shares.
238. CLD| Link| Bookmark|
October 21, 2016 8:23:39 PM
Top Contributor (500+ Posts, 100+ Likes)
NBCC OFD
Retail subscription 0.8 times. All should get allotment at the price he has bided. Amazing to see some fools who have bidded even at 304 against floor price of 246.5.
I have applied for 75 shares at cut off in nbcc ofs .when the shares will be credited in demat account.The govt announcement to the best of remembrance is T+1 day for credit of shares.i do not I am correct or not and what price they will charge exclusive of brokerage.pl inform me in this forum.
I AM an happy man , 50 % are doubtful to apply and 50% are NOT going to apply , hence chance of allotment is more ,
keep on arguing good issue or over priced issue , and wait an watch , BSE SENSEX , IT IS PRICED AT RS 750 FOR SENSEX 28000 + OR - SENSEX WILL GIVE THE RESULT OF LISTING
PNB Housing Finance''s EPS for FY2016 on post-issue equity works out to Rs 19.78. At the lower price band of Rs 750 per equity share of Rs 10 face value P/E works out to 37.9 times of FY2016 EPS of Rs 19.78 (on post-IPO equity). At the upper band of Rs 775 per equity share, P/E works out to 39.2 times of FY2016 EPS of Rs 19.78 (on post-IPO equity).
The book value of PNB Housing Finance is Rs 176.52 as of June 2016. Post-issue, the book value works out to Rs 313.95 per share at the lower band of issue price of 750 and Rs 316.39 per share at the upper band of issue price of Rs 775. The adjusted book value, net of net non-performing assets, at the upper band of issue price of Rs 775 works out to Rs 312.9 per share.
P/BV (post-issue) for PNB Housing Finance works out to 2.45 times and P/Adj BV at 2.48 times at the upper price band. Among the comparable peers, Gruh Finance is trading at P/BV of 13.7 times, Can Fin Homes is trading at P/BV of 5.3 times, Repco Home Finance is trading at P/BV of 4.9 times, HDFC is trading at P/BV of 4.0 times, Indiabulls Housing Finance is trading at P/BV of 3.4 times, LIC Housing Finance is trading at P/BV of 3.2 times and Dewan Housing Finance is trading at P/BV of 1.9 times. All BVs are as of June 2016.
At the price band of Rs 775 per share, PNB Housing Finance is offered at a P/E of 39.2 times (FY 2016 EPS on post-issue equity). Among the comparable peers, Gruh Finance trades at P/E (on EPS for FY2016) of 50.5 times, Repco Home Finance at 31.7, Can Fin Homes at 31.1, HDFC at 21.1, LIC Housing Finance at 18.4, Indiabulls Housing Finance at 18.4 and Dewan Housing Finance at 11.9.
Capital Market has given the high ratings to the following recent IPOs a) L&T infotech 48 b) L&T Tech services 49 c) ICICI pru ins 49 All the three have been listed below issue price and still struggling to cross issue price
Now Capital Market has assigned rating of 49 to PNB housing finance.
Yes, I agree with u..It is aggressively priced taking into account the future growth which may or may not happen. Better avoid than taking chance for capital erosion.
1222 Knowledge Share (32671) Oct 20, 2016 4:50:05 PM IST Reply I am proud that my prediction for Endure was very smart move. Refer my today and yesterday. Some time Speculation take over reality if price is above Rs.550. Now it has come down. Pl sell part holding in Endure.
REPLY ---- HAHAHAHAHAHAHAHAHAHAAHHAHAHAHA....................................SURPRISE CA MANU
will apply in 20 ids..... 10 sold at rs 700 per id so for remaining 10 my issue price comes to 705 rs
225.1. dpcdsl| Link| Bookmark|
October 22, 2016 12:45:18 AM
Top Contributor (400+ Posts, 200+ Likes)
How 705/-? If you sell a form @700/-, your own application shall be @738.15 775/- x 19 = 14,725/- Less: 700/- Net shall be 14,025/- for 19 shares, thus net rate per shares shall be 738.15.
dear dpcdsl 10 sold at 700 so no risk in that.... 10×700=7000.... now for remaining 10 applications my rate of town by 70 rs .... as simple as that
224. CLD| Link| Bookmark|
October 21, 2016 2:38:33 PM
Top Contributor (500+ Posts, 100+ Likes)
NBCC OFS
OFS can be booked through direct call to your broker. Ask your broker to place bid at cut off only. You will then be allotted shares at clearing price in the evening.
You need to have 100% amount for the booking. However some brokers book it on margin money also.
Banks having broking arm also like ICICI, HDFC, SBI may be having link to book OFS directly.
You cannot book it under ASBA in any case.
For non retailers which closed yesterday, clearing price was at floor price of 246.5. It was subscribed 1.6 times.
Retail subscription is 0.4 times at present. Subscription closes at 3.30 pm.