PB Fintech Limited IPO Message Board (Page 12)

Chalakbhai what is your final call on P.B.Fin & current GMP

thoko guru thoko.... 100% thoko ab to @arjun rajkot mota bhai ne bhi bola... thoko... bharlo 100%

@Chalak
Thok diya.
Applied 5 application.

What is the DII subscription in QIB so far? I heard 50% from FII, please correct me if i''m wrong.

The one very important thing to note here in IPO subscription is the response of QIB on first and second day. In almost all cases, they never fill the application on first and second day. Take the example of any IPO.

Recently, in zomato IPO surprisingly I observe that, QIB portion was subscribe nearly 2 times on the second day. I have avoided filling the IPO because of its zero GMP and loss making company statement of experts, etc. and it was later found out to be blockbuster. Same was the case with NYKAA and now Policybazar.

Zomato was showing zero GMP in grey market. Nearly same is the case with Policybazar.

#Just_observation

Yes, PB has better numbers than SONA as far as statistics of subscription are concern. One can bet atleast 10℅ gain on listing looking to the subscription interest of QIB and Pre-IPO response of good investors. As far as GMP is concern, it may not give right indications as it mainly concluded from HNIs and they might not be that much interested as QIBs because many IPOs are coming in parallel and festive mood is ON. So, all in all, go for it... ✌👍

@IPO Nawab: good observation....
yes mostly people here were saying to avoid zomato due to high valuations and loss making company and gmp was also very less initially but that time also i was saying and confident that zomato will definitely have good listing as per buzz of the ipo and business model and we know how it listed and moved later.

same buzz was there in nykaa now. PB lacked due to multiple ipos at same time and nykaa came earlier and was better than PB in terms of profits etc.

What is GMP & gain possible?

What are the chances for 14 lot in HNI?

Confirm allotment in HNI 👍

you will get around 2 lots Plus some more shares....remaining after 4pm will come to know after final HNI subscription figures

I am Participating In Policy Bazar.
I will keep IPO as my Stop Loss.

Rajkot Broker Association

Me too bro. Rare opportunity to get decent profit with minimum investment.

I am using Federal Bank and they close ipo application on last day till 2 pm. Are all other banks same?

@ashish Thanks. And I applied through geogit eIPO platform since federal bank closed application at 2 pm.

KOTAK - 2PM

Looking at the objects of the issue proceeds and comparison with Cartrade scenario, its a no-no.

Confirm allotment in Policy bazaar if applied 14 lots or more in HNI 👍

@Amit... Unfortunately applied PB & Sigachi in retail on Monday itself as funds full in Nykaa HNI 😔 Should''ve waited till 2pm today as i can manage 2-3lk. cannot modify now

Retail applications can be withdrawn. In HNI down sizing not possible.

Zomato seems to have changed our view on loss making companies.....PB is Still an avoid for me though

HNI players Dhawan Group and Gagandeep Capital participates in Policy Bazar IPO worth 1100 CR.

One Can Take Some Risk.
GMP 110

More than 90% of QIB subscription is from FIIs as of now. Looks like DII ran out of funds.

- PB IPO
Year 2020-2021:
Revenue 954 crore, loss 150 crore
Earlier in 2019, 2020 loss was more than 300 crore

Year 2020-2021 financials looks good, reduces loss

But in June 2021 - Revenue 257 crore, loss 110 crore. Very high loss.

Something strange. Looks like last year''s books are cooked for ipo purpose.

I am not applying.

The HNI category will not cross 20x max.
90k crores blocked in Nykaa. Can’t expect more than 20k crores in this. Also some will apply in Sigachi too.

True

2pm onwards we can see subscription in HNI category. Predicted is 10-15x

Based on chittorgarh data @ 1pm, it seems that QIB''s are putting more in PB Fintech than in Sigachi.

QIBs have put 196 Cr in Sigachi V/s 13768 Cr in PB Fintech up till now

From company''s perspective, their IPO is already successful as they have been able to collect valuation which they had envisaged.

Self funded HNIs have excess liquidity which they have not been able to deploy in productive investments. HNIs reason of investment or not investing may be different from retailers. Most of the retailers may not have the ability of holding for longer duration and need to look into their own liquidity critically before committing their money where returns are uncertain.

Suno sabki par karo sirf apne man ki.

Hi all experts
@Aniketji, @Eagle Eye, @Rajkumar, @NforNandkishor, @Uchit Patel, @Chem cho, @Harit, @King Vinod, @JSTM, @Sonal patel, @ RR Patel, @Arjun Rajkot....kindly guide ur views in this ipo.....should i apply this, can i expect 10% listing gain?

If you check the history of insurance companies listing , it had not rewarded the investors except HDFC. ICICI , New India , GIC RE all listed in discount. In case of policy bazaar , flat to (+/- )5% listing possible.

@harit ji How do you sell in gray ( grey market if you mean )? like you said 5 sigachi sold in gray.

Why FIIs are only applying in QIB. DIIs dont have funds? Or the focus more is on secondary market after the correction. Even in SIGACHI its the same case.

LATEST GRYE MARKET PREMIUM KYA HAI

Very very poor response from all. Kindly avoid. GMP is nil

QIB showing no interest so far. So Should we avoid this ?