PNB Housing Finance Ltd IPO Message Board (Page 64)

All discussions and debates are useless and hypothetical, unless price band is OFFICIALLY announced.
It happened in icici pru., discussions were going on the basis of 275 issue price, & what issue price turned out to be. Similiar fate is forseen in pnbhf.
Without price band .. compare with what? Rumours can also be a ploy by rivals..

PNB Housing Finance Ltd.
*Issue Opens 25th October 2016*
*Issue Closes 27th October 2016*

*Price Band: Rs. 550- Rs. 565*
*Lot 25 Shares*
*Retail Discount Rs 15 per share*🅱

What is your source as the price band mentioned by you is very high

smart investment

Eagerly waiting for Issue Price

and yes, Rs 425 is a screaming buy

Wait to improvement of market seniments

Price band 375-400 very actretive & veluable..another avoid..

lic housing avelable 590..

Pnb housing fin better be compared to Can Fin homes n lic housing fin . Dhfl has lots of other issues including corporate governance.

Thanks eagleye for guiding me for comparative table pg no. in DHRP.

Dear all,

If pnb decides price 425 than

DHFL is available at 290-300

LIC HFL at 592 and both are bigger than PNB HFL

than how it could be good to by at 425 or listing

PE and EPS up to current year is similar of all 3.

As per comparison table in DHRP

Thanks.

Upcoming IPO:

PNB Housing Finance Ltd.
*Issue Opens 25th October 2016*
*Issue Closes 27th October 2016*

*Price Band: Rs. 550- Rs. 565*
*Lot 25 Shares*
*Retail Discount Rs 15 per share*

*not confirm no news in news paper

These details are dealt at highest level till the last moment and never known to employees so much in advance.Merchant bankers fo also play a role in working out the price band

PNB Housing with benefit a lot with low interest market condition this will improve it NIMs in big way. Also change in RBI norms with funding norms and having a Big Bank as its parent will also be helpful. If it comes at 425 then it is screaming buy compare to it peers also next 5 to 10 years sector will see big growth.

This will be good IPO to apply and also buy on listing

having a big bank as parents helps in cross marketing. SO agree to disagree IMO PNB as a parent is more advantage then disadvantage

PNB Housing has shown good growth . looking at P/BV ratio, seems difficult will price the IPO at 425. could be 475+.

Expected price band ?

Plz update Varun Beverages Ltd ipo gmp

If employee''s quota is 10%, then net issue size will be 2250 crs, assuming 425 price, retail category can have around 5,29,000 lots, chances of 50% allotement in retail.

Gmp of pnb and kostak ??

kosak 800 in chandigarh

nidhike and eagle eye wht your view apply ya avoid wht gmp

PNB HOUSING FINANCE LIMITED

IPO: Rs.2,500/- Crs. (Only Fresh Issue – NOT OFS)
Dates: 25th October to 27th October 2016

Ref Page 88 of DRHP dated July 4, 2016
PAT FY 13-14=>129 cr
PAT FY 14-15=>194 cr
PAT FY 15-16=>327 cr


EPS FY13-14 => 25.87
EPS FY14-15 => 24.15
EPS FY15-16 => 27.58

RONW FY13-14 => 16.71
RONW FY14-15 => 15.45
RONW FY15-16 => 17.60

NAV March''''14 => 142.20
NAV March''''15 => 152.03
NAV March''''16 => 168.96

Total share outstanding before the issue 12.69cr
EPS was constant despite rise in PAT due to bonus issue n right issue @130

Nav kahai sai aaayi 247 chachi ji draft say 168

Madar NAV 247 is post IPO they are getting all the money at 425 so this will increase it NAV from 168 to 247

Latest gmp kya hai or kostak pnb ka

PNB HOUSING FINANCE LIMITED

IPO: Rs.2,500/- Crs. (Only Fresh Issue – NOT OFS)
Dates: 25th October to 27th October 2016

Ref Page 88 of DRHP dated July 4, 2016

EPS FY13-14 => 25.87
EPS FY14-15 => 24.15
EPS FY15-16 => 27.58

RONW FY13-14 => 16.71
RONW FY14-15 => 15.45
RONW FY15-16 => 17.60

NAV March''14 => 142.20
NAV March''15 => 152.03
NAV March''16 => 168.96

Promoters are:

51% held by PNB = 64,730,700 Equity Shares (Average cost of acquisition is Rs.71.19)
49% held by DEL = 62,192,300 Equity Shares (Average cost of acquisition is Rs.113.60)
Total 126,923,000 Equity Shares outstanding prior to the Issue

DEL = Destimoney Enterprises Limited (affiliate of the Carlyle Group)

(Note: Options Granted as on April 22, 2016 – 38,07,690 @338/-)

Valuation:
LIC Housing Finance & Indiabulls Housing Finance are currently @3.25x of P/BVPS
PNB Housing Finance @2.5x of P/BVPS = Rs.425/-

Any reservation for shareholders of PNB & PNB GILTS in the allotment process of PNB Housing Finance

Great job... i wanted to thank you for your recco on Advance enzyme that its a good business model stock and it will give good returns...so even after i had not been alloted Adv Enz, i purchased it (after it listed from 896 issue price to 1180 ) @ 1185..it gave great returns and trading at 1800...Unfortunately i sold it @ 1700 to compensate for ICICI...looking to re enter..
Nevermind the haters, Thanks and keep giving useful info as it helps so many people earn decent money .

THOSE who have missed the bus of LIC housing finance should apply in this IPO FOR long term bet irrespective of the IPO price ,
50 % smaller than icici pru life , hence do not worry till the BSE hold till 28000
A must in portfolio

NOTE If the IPO price is at higher side listing gains will be limited
since link time is the REGISTER TO THE IPO
you will not loose money

PNB Housing Finance IPO coming soon.
2500 Crores
25th-27st Oct 2016

Very good ipo..price band is very importent & retail discount avelable..good look after icici pru bad listing..