CreditAccess Grameen Limited IPO Message Board (Page 19)

Any updates on this IPO? Shall I fill or ignore?

IPO close date 10th Aug, 2018
Listing Date 23rd Aug, 2018

Why such big gap days?

Bcoz 3 bank holidays and 4 weekly off ... so gap.....

Long duration for Listing
===================
8th ---- Wednesday ----- BID/OFFER OPENS
10th --- Friday ----------- BID/OFFER CLOSES
11th --- Saturday ------- (Market Closed)
12th --- Sunday --------- (Market Closed)
13th --- Monday -------- Trading day 1 after bid closing
14th --- Tuesday ------- Trading day 2 after bid closing
15th --- Wednesday --- Independence Day (Market Closed)
16th --- Thursday ------ FINALISATION OF BASIS OF ALLOTMENT
17th --- Friday ---------- Parsi New Year (Bank Holiday)
18th --- Saturday ----- (Market Closed)
19th --- Sunday ------- (Market Closed)
20th --- Monday ------- INITIATION OF REFUNDS
21st --- Tuesday ------ CREDIT OF SHARES TO DEMAT
22nd -- Wednesday --- Bakri ID (Market Closed)
23rd -- Thursday ------ COMMENCEMENT OF TRADING (LISTING)

Ek single lot application to banati hi hai ....

Current gmp of cag of 25 to 30rs. I have applied for long term view.

Apply last day

....ppl will ...just wait till last day , last minute ...!

...it happens in almost all the IPOs ...last day , last hour ...!

Friends,

My apologies for posting a comment not related to this IPO.

I observed and participated in this forum for HDFC AMC and this IPO and could come across some real qualitative comments.

Is there a similar forum where secondary market is discussed ?

Anchor investors have subscribed 1.75 x of qib quota. Why it is not reflected in subscribed data? When wlll it be counted?

Seriously?

the list gives subscription data exclusive of anchor investors.

Promoter topi pehna me Bagh jayega. Tcns history to be repeated .Stock is at maximum value and not even left 1 rs as per fair price. This stock deserve to go down
Even if market remain very strong it wont go more than 5 pc up whereas I f market is weak this will fall 10 pc

AT2.05 PM
QIB 0.72 TIMES
HNI 0.02 TIMES
RETAIL 0.20 TIMES
NO. OF APPLICATION 32964
RETAIL SUBSCRIPTION APPLICATION WISE 0.12 TIMES

Only apply if can hold Long Term Bamboo like many other (HAL,BDL,INDOSTAR) in your back and pocket then apply this IPO

And no comments for this IPO from now

At 11.40
QIB 0.69 TIMES
HNI O.01 TIMES
RETAIL 0.16 TIMES
NUMBER OF APPLICATION 26.867

....there will be a mad rush for applying tomorrow ...just watch ....!

bilkul galat pakde hai

HAHAHAHAHA

Day 1 -
applied 0.11x in retail.
fully avoid because company has historically managed its loans but the latest six months saw gross NPAs shooting up sharply increses 5.35% from 0.08% in FY2017.

11rs buyer...GMP

Viram bhai short sell more, soon you will be out of markets...

If you are new to markets you should consult me instead of wasting your hard earned money this way...

This is a good ipo and will list at premium but I don't why there isn't any grey market premium. I read their business model they are giving loans not to individual rather on group liability basis which is a good sign for a MFI. So chance of NPA are very less and it like that upto demonitization.
The only problem I have is that they gave loan book has increase 4 times but customer base has increase by merely 2 times so it means they are giving loan to their existing customer with increase ticket size.
But as long as they able to recover their advance I don't have any problem with that.
So will defineltly apply for this IPO

Grammen GMP 10
I sell 10000 at current price
SAB log HDFC Ko dekh k iss ko lenge
Lekin ye girega 100 %

Vikram bhai, why you are going against market trend?
You have already made huge loss in HDFC AMC by shortselling. And now u have again sold 10k shares at just Rs 10 GMP.
Vikram bhai..play safely....
After all it's your money....so it's ur profit / loss.

Are viram bhai abhi hdfc amc me jabardast fatka khaya he ab kyu is me risk le rahe ho.

Just apply and forget it :)

what shd we do? let CreditAccess Grameen go pass, and wait patiently for Lodha Dev? already HDFC AMC gave good gains, IPO Mkt shd also relax now. i wonder in 2016-17, a few micro-finance IPO gave min 10% to good ~ 50% returns, (e.g. Ujjivan Financial Services, Equitas Holdings, AU Small Finance Bank) & to some extend in 2018, Bandhan Bank also did good, so why for this CreditAccess Grameen Koota story is dead cold?

With large segment of India's rural and semi-urban population currently unserved and underserved by formal financial institutions presents large opportunity to tap. On the valuation front, at upper price band of Rs422, the issue is reasonably priced at 2.9x on FY18 adjusted book value (post IPO dilution). Good return ratios, higher asset quality, and strong sponsorship of CAA, high customer retention rate places CAGL better prepared to reap profits from industry growth. We recommend 'Subscribe' to the issue with a long term perspective.

@Doctor Strange
Sir hdfc asset was subscribed 1.34x by rii on first day despite more than double sized while this one only 0.11x isn't it a poor show ?

@bullbear ..we can not compare HDFC AMC with this one...HDFC had lot of fancy...see first day sub of HDFC life and bandhan bank ...