I have two learning oriented question from you on your valuation analysis Initial Cash Flow: $2,92,50,00,000 ---- Where are you taking this figure from DRHP, is that initial cash flow of 2015 ? ( which head you are picking or doing some calculation on some head )
Shares Outstanding: 36,98,08,976 ---- How do u arrive at this ? direct from DRHP - which head
Actual RHP is out with 2016 P&L and balance sheet @ Rainmaker I got both from RHP and not from DRHP PAT is 2016 from RHP rounded it nearest lakh outstanding shares i also got from RHP post this issue
@ Mann Ki Baat dilution is hypothetical factor so i cannot assume that is is reason i have given MIS at 25% so fair rule is not Rs360 it more Rs270 is MY FAIR VAULE
However i found lot EPOS which is dilute the outstanding shares
BTW in total we have 4 DCF method to calculate this is middle level which most analyst use
Also if you see i have not consider the Debt path IMO the real calculation is PB Ratio for financial institution
With regards to growth IMO small banks have bigger prospects to grown then large bank given the base. HDFC annual growth rate is around 20% plus with Deepak Parekh as a investor in RBL IMO growth rate will be possible Actual his son
Also if you look at premium which is around 50 plus issue price 225 is very close to MY fair value 270
4 traditional methods one is equity based and 3 entity based under entity base u have three approach APV(Adjusted present value) Approach WACC(Weighted average cost of capital ) approach And TCF( total cash Flow) Approach.
Some use a hybrid version of Equity and Entity Approach hope this helps you Rainmaker
@Cipulchau ji - Thanks for your response. But in this forum, I have seen folks mentioning that they have applied multiple applications (5, 6, 7, etc)? How is that possible?
@ Hardik Pipaliya ji - Thanks for inputs! The challenge with single application for a demat a/c is that, when the IPO gets oversubscribed by more than 3 times, the chances of allotment is in the hands of lottery. Do you agree with the fact that when over subscription of more than 3 times, one should apply for 1 lot only? I feel the chances are one and the same if you apply max lots or 1 lot.
Correct me if my understanding is incorrect. Also how to improve the chances of allotment when you have only one demat a/c?
It doesnt matter what no u have applied it totally depends on ur luck different peoples may get different allotments ex. alloted / applied chances may be -> 0/1, 0/2,...... 0/13 or 1/1, 1/2, .... 1/13 or even 2/2, 4/5, 5/7 or 10/13
ur absolutely rite... if oversubscription is more than 1 X, than it goes to the lottery system...
u won''t get more than 1 lot (tht too on lottery basis).... even if u apply for 5 lots...
so there is no need to apply for more than one lot and block ur money on tht....
AND.... for improving the chances of allotment.... u must apply from more than one demat accounts.... or u may pray the almighty for improving the chances in one demat.... there is no other way for improving... :-)
thanks gamble for vital information.. but i am having 1 dought u r expecting alkem to reach atleast 1875 within a year but if we want to predict the share price for 3-5 yrs what should be the calculation??
Profit down + merger ...double wammy....tuesday may bounce back... But wait and watch ...let it consolidate...or take some more advice from experts...my view..
Eagle eye Mam I am very big fan of you this is the first time when I am writing any comment on this forum usually I just like to read the comment s n suggestion''s given on the board .your comment''s n in depth knowledge about the IPOs are true Ally mind blowing. From last many days their are no post from your side. We all are missing u very much its humble request to you to pls keep on updating to all of us. Awaiting for you post regards raj from Rajasthan
Beacon India Private Equity Fund, GPE (India) Ltd, Gaja Trustee Company Private Limited (on behalf of Gaja Capital India Fund I), Capvent India Private Equity Fund Limited and Elephant India Finance Private Limited
Above are top 5 selling shareholders of RBL; their cost of acquisition is around Rs 70. If long term investors like these investment companies want to sell their holdings in RBL, then are we MONKEYS to buy shares from them?
A real IPO is the one where entire IPO proceeds goes for company self needs and not for selling shareholders.
If selling shareholder is Government of India (like in case of Coal India IPO) then investing and holding shares of such companies is worthy
you absolutely right.but for us there are very few investment opportunities and inflation rate is bit on higher side.therefore stock market is only ,underline this plz , stock market is only the tool where our investment can go neck to neck with inflation.and banking is the profession which will never be shutter down.. so may we sell for listing gain,applying in RBL BANTAA HAI BOSS
agar mujhe unlisted bank ya kisi unlisted public company ke shares lene hein jaise tumhare paas hai to kya krna hota hai aur minimum kitne paise invest krne hote hai?
I suggest you that you sell entire 2000 qty and buy Axis, ICICI or SBI
Bhaiyya MANN KI BAAT ,yeh public hai sab janti hai....sandips sir bata rahe hai unke paas 2000 RBL bahot time pahile Rs10 me liya tha...mann ki baat...aap ne kaise soch liya woh nahi jante hai unhe kyaa karna hai...sandips aur bhagwan dono jante hi hai/// sorry for my interruption....
RBL ISSUE OPENS August 19, 2016 ISSUE CLOSES ON August 23, 2016 Allotment / Refund : August 29, 2016 Credit of Equity Shares : August 30, 2016 Listing : August 31, 2016
Hi experts...My blocked funds of ASBA have not been unblocked yet..lien is till shwoing in Union bank savings account...what to do...contact bank or dilip buildcon or someother organisation or wait few more days....??
Actually union bank will take more then 5 days to unblock the amount. The same thing happen to me during L&t allotment, they took 1 week to unblock the amount :(
Hello sir my amount also blocked same in Union Bank of India ASBA I contact to my bank branch but they r telling they can''t unblock this amount I have to contact Head office branch of union bank.
In advanced enzyme it didnt took so long...it was unblocked as per given dates...have mailed linkintime & Dbl...lets see...if it takes so long in union bank..may have to switch to sbi...kotak bank doesnt offer more than one DP to apply ...nationalized are allowing however.