Prince Pipes and Fittings Ltd IPO Message Board (Page 21)

Equitas ipo
ESFB (equitas) eyeing 1000cr
550 cr fresh issue+450 cr ofs(8cr).
So price band around 55-57
SH category 100cr 10%

Total 17 cr shares available
@55-57
SH quota is 10%
Rii-?
Hni-?
Qib-?

What is fair value? And ofs is at 50 rs then why ipo price increase by 7rs

@Aniket sir what's your view on this ipo?
Should we get atleast listing gain?

Please tell can i apply through ASBA also as i heared that sebi extended timeline for UPI till march 2020 ........

Davda sir your views on this ipo missing.

Equitas Small Finance Bank, a subsidiary of Equitas Holdings, on December 16 filed the draft red herring prospectus with the Securities and Exchange Board of India (SEBI) for an initial public offering (IPO).

The IPO will comprise of a fresh issue aggregating up to Rs 550 crore and an offer for sale of up to eight crore equity shares by Equitas Holdings.

The offer includes a reservation of up to Rs 100 crore, for subscription by eligible shareholders of Equitas Holdings and a reservation aggregating up to Rs 5 crore for subscription by eligible employees, the release said.

The bank expects to raise around Rs 1,000 crore through the issue.

Equitas Holdings Limited (EHL) is the promoter of the company.

JM Financial, Edelweiss Financial Services and IIFL Securities are the lead managers to the issue.

The equity shares of the company will be listed on the BSE and the NSE.

Any record date mentioned in DRHP ?

DRHP is not available in SEBI Website... Can any one share the link ???

Is it good to subscribe for this IPO? only Ventura securities limited is recommending that too for long term.

Wait for last day

No gmp so i think....avoid for safe

Risky can apply from 1/3 accounts

Dear Admin

Please create page for equitas small finance bank

It's too early..
Bcoz today drhp file...
So its take almost 2 months...

Page create for sbi card also when drhp filed

48-50 gmp

Itni gmp vale kaha gaya???

Muje unhe application bechni he????????????

Instead of applying 1 lot, if I apply 2 lots i may get atleast 1 lot?

Plz advise how they allot IPO (in the case of over subscription )

In retail category it ll not matter how much lots u applied. As per Rules , first they allot one lot to each and everyone .. If number of applicantion are more than reversed lots ie. ovversubdcription then they ll draw lottery on the Basis of PAN and every Pan get get equal chance irrespective of how much lots u applied.

Every time I apply for IPO i am not getting , so need experts ideas .

1.Instead of applying 1 lot , if I apply 2 or 3 lot (when over subscription is there ) i may get atleast 1 lot ? Plz tell

2. Instead of applying on last day ,

One lot or 1000 lots it does not matter , it is depend upon subscription times, and it only lottory if over subscription .Luck that's it

No use applying more than 1 lot...its pure luck...over long term however luck averages...
So stay put

I am ready to apply with full force of my 23 accounts.

I hope listing gains 40-45%,

Sector is growing very rapidly.

Since the company is one in top ten, in the sector, I personally feel that it may ultimately become good investment over period of time, if not in the short run.

True @PSR and others,

Its the third largest company...so can expect good returns in the medium to long term.

Small Issue size may lead to oversubscription but it may not produce heavy returns like USFB/IRCTC. Can aaply for 10-15% listing gains. Bullish market sentiment may help this issue but not interested for heavy gains.

Wait until end of 2nd Day for subscription data and then decide accordingly....
Listing around 200 is possible in bullish market...

Bigger then Ujjivan bank for retail.

Grey Mkt Trades @ 15-16 Rs.

Kalpana Ramesh Damani held 4,80,000 shares or 0.5 % holding in the company.

What is Per share Cost of acquisition? I have Not read RHP yet.

HI All, my 10 cents on turnover....

Irrigation is behind 40-50% demand. Q1 2020 results are only 3801 cr and one can expect a down trend over the next quarters from here (probably why they have not shared Q2 data).

Are we then going to see a flat/slightly reduced turnover this fiscal then? (Note: assets are also flat).

आप ठीक कह रहे. है पहले रिजल्ट Q1 2019 मे Net asstt भी 500 करोड से कम थी , कुल आय मात्र 7करोड थी । यह सभी जगह चलता है । मेरा उद्देश्य IPO मे पैसा लगाना आने पर बेचना ,लाभ अपनी जेब मे, अगले इश्यु का इन्तजार । श्यादअधिकाँश लोग ऐसा ही सोचते हैं IPO के बारे मे
अभी कल ANCHOR की List देखूँगा फिर 20 दोपहर तक सब्सक्रिप्शन और प्रिमियम फिर लगाए या न लगाए।
IMO यह IPO का मार्केट सट्टा बाजार है ,निश्चित कुछ भी नही

Q1 APL JUNE 2018

Q1 APL-JUNE 2018????

I paalay all IPOs before enonced but that are not allarted to me what can I due how to applay to thiss

Its revenue from operations for Fiscals 2017, 2018 and 2019 was Rs 13,300.15 million, Rs 13,205.45 million and Rs 15,718.69 million, respectively, representing a CAGR of 8.71%. Its profit before tax for Fiscals 2017, 2018 and 2019 was Rs 959.08 million, Rs 951.67 million and Rs 1,114.68 million, respectively, representing a CAGR of 7.81%. Its profit for the year for Fiscals 2017, 2018 and 2019 was Rs 741.82 million, Rs 727.66 million, Rs 833.51 million, respectively, representing a CAGR of 6.00%.

Size of this IPO is 500 Crores.. Small Size.. So No doubt it ll oversubscribed by 30-40 Times.. Current GMP is Between 25-30... We can expect listing gain of 2.5k and shall apply for Listing Gain...

Prince Pipes and Fittings Limited IPO
Grey Market Premium 28 - 31 as on 16 Dec @ 10:45 AM.