Free Trading + Demat Account

PNB Housing Finance Ltd IPO (PNB Housing Finance IPO) Detail

Oct 25, 2016 - Oct 27, 2016

Incorporated in 1988, PNB Housing Finance Ltd, a subsidiary of Punjab National Bank offers housing loans to individuals and corporate bodies for the construction, purchase, repair, and upgradation of houses, as well as loans for commercial space, purchase of residential plots, loan against properties, and loans for real estate developers. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.

Company's target customers for housing loans are salaried customers, whose main source of income is salary from their employment, and self-employed customers, whose main source of income is their profession or their business. Visit chittorgarh.com for more detail.They also offer housing loans in the form of construction finance loans to real estate developers of residential housing.

The company has Pan India presence in more than 40 locations through a network of 48 branches. Company’s 16 hubs are located at New Delhi, Bengaluru, Chandigarh, Chennai, Noida, Jaipur, Dehradun, Lucknow, Kolkata, Cochin, Coimbatore, Mumbai, Pune, Ahmedabad, Indore and Hyderabad which support branch operations. The company provides doorstep service for its products via Direct Sales Team (DST) channel. Other than the DST channel, company’s Home Loan and Loan against Property business is also sourced via Direct Marketing Associates (DMA) and Digital Medium.

Competitive Strengths:

1. Fifth largest HFC in India and the fastest growing HFC among the leading HFCs in India
2. Strong distribution network with deep penetration of key Indian urban centres
3. Scalable operating model and centralised and streamlined operational structure
4. Access to diversified and cost-effective funding sources
5. Diversified product offering with specific focus on self-employed customers
6. Customer-centric approach resulting in strong brand recognition
7. Prudent credit underwriting, monitoring and collection processes
8. Managed by experienced and qualified professionals with strong industry expertise
9. Support from their parent and promoter PNB

Company Promoters:

The Promoter of the Company is Punjab National Bank (“PNB”). PNB (directly and through its nominees) holds 64,730,700 Equity Shares which constitutes 51.00%, of the Company’s pre-Issue paid-up and subscribed Equity Share capital.

Company Financials:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
As at 30-Jun-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 346,816.49 296,724.99 190,352.37 115,395.76 76,550.74 44,362.56
Total Revenue 8,634.36 26,995.43 17,803.83 11,203.22 6,663.02 4,610.00
Profit After Tax (PAT) 960.28 3,275.66 1,940.70 1,296.97 928.20 774.46

Objects of the Issue:

Company intends to utilize the Net Proceeds towards the following:

1. Augment the capital base to meet their future capital requirements;
2. General corporate purpose; and
3. Enhance visibility and brand name among existing and potential customers.

Issue Detail:

  »»  Issue Open: Oct 25, 2016 - Oct 27, 2016
  »»  Issue Type: Book Built Issue IPO
  »»  Issue Size: 38,719,309 Equity Shares of Rs 10 aggregating up to Rs 3,000.75 Cr
  »»  Face Value: Rs 10 Per Equity Share
  »»  Issue Price: Rs 750 - Rs 775 Per Equity Share
  »»  Market Lot: 19 Shares
  »»  Minimum Order Quantity: 19 Shares
  »»  Listing At: BSE, NSE

PNB Housing Finance IPO Reviews:

  1. PNB Housing Finance Ltd IPO review by Dilip Davda

PNB Housing Finance IPO Recommendations:

Capital Market Review
HEM Securities - Subscribe
ICICI Direct - Subscribe
Ajcon Global - Subscribe
KRChoksey - Subscribe

Issue Subscription Detail / Current Bidding Status

Number of Times Subscribed (BSE + NSE)
As on Date & TimeQIBNIIRIIEmployeeTotal
Shares Offered / Reserved7,952,5005,962,50013,912,500250,00028,077,500
Day 1 - Oct 25, 2016 17:00 IST0.35000.08000.17000.02000.2000
Day 2 - Oct 26, 2016 17:00 IST0.92000.14000.57000.13000.5700
Day 3 - Oct 27, 2016 18:50 IST37.330086.17001.32000.460029.5300

PNB Housing Finance IPO Prospectus

PNB Housing Finance IPO Rating

1050
3.8
Rating:Rated 3.8 stars

Vote Here ...

PNB Housing Finance IPO Listing Date

  •   ›  Listing Date: Monday, November 7, 2016
  •   ›  BSE Script Code: 540173
  •   ›  NSE Symbol: PNBHOUSING
  •   ›  Listing In: ‘B’ Group of Securities
  •   ›  ISIN: INE572E01012
  •   ›  Issue Price: Rs 775 Per Equity Share
  •   ›  Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

BSE
Issue Price:Rs 775.00
Open:Rs 863.00
Low:Rs 860.05
High:Rs 902.95
Last Trade:Rs 890.60
Volume:6,425,114
NSE
Rs 775.00
Rs 860.00
Rs 860.00
Rs 904.00
Rs 891.15
33,028,250

PNB Housing Finance IPO News Alerts

  1. Monday, November 7, 2016 12:00:00 AM
    PNB Housing Finance Ltd IPO - Listing
  2. Thursday, November 3, 2016 12:00:00 AM
    PNB Housing Finance Ltd IPO - Allotment
  3. Thursday, October 27, 2016 12:00:00 AM
    PNB Housing Finance Ltd IPO - Close
  4. Tuesday, October 25, 2016 12:00:00 AM
    PNB Housing Finance Ltd IPO - Open

Company Contact Information

PNB Housing Finance Ltd
9th Floor, Antriksh Bhavan,
22 Kasturba Gandhi Marg,
New Delhi 110 001, India
Phone: +91 11 23357171
Fax: +91 11 23357173
Email: investor.services@pnbhousing.com
Website: http://www.pnbhousing.com

PNB Housing Finance IPO Registrar

Link Intime India Private Ltd   »  Report
   Link Intime India Private Ltd,
   C-13 Pannalal Silk Mills Compound,
   LBS Marg, Bhandup West, Mumbai 400078

Phone: +91-22-25963838
Fax: +91-22-25946969
Email: pnbhfl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

Guaranteed Save 60% to 90% Brokerage + Taxes

Do you know you could reduce the brokerage cost significantly by moving to another stock broker? Our expert team compared top share brokers in India to help investors like you. STOP paying Demat AMC, Brokerage in %, PCM Fee and High Stamp Duty today.

We can help you choosing the right broker. Contact us today...

@

PNB Housing Finance IPO Review / Comments

avatar
1288. S GOYAL  Dec 14, 2016 9:23:08 AM IST I Like It. | Report Abuse
EAGLEYE,HAVE YOU ANALYSE THE EFFECT OF DEMONETIZATION ON THIS COMPANY,AS THIS COMPANY HAS INVESTED 20% OF ITS LOAN BOOK TO BUILDERS.CAN WE SEE THE INCREASE IN NPA LEVEL DUE TO THIS? CAN WE HOLD THIS STOCK,IF YES WHAT WILL BE THE TARGET FOR SHORT TERM ,MEDIUM TERM,LONG TERM? DISCLOSURE- I AM HOLDING THIS STOCK IN 6 LOTS AS PER YOUR RECOMMENDATION PLEASE. KINDLY POST YOUR COMMENT AS I WILL WAIT EAGERLY FOR YOUR COMMENTS.
avatar
1287. Meekesh shah  Nov 28, 2016 6:47:21 PM IST I Like It. | Report Abuse
Hello,
Septaji please reply

Bought RPG LIFE SCIENCE
@495
100quantity

Eagerly waiting for your reply
avatar
1286. Meekesh shah  Nov 28, 2016 1:18:29 PM IST I Like It. | Report Abuse
Hi ,
Septaji how are you.
Hope you must be fine by the grace of God.
According to your recommendations i have purchased RPG LIFE SCIENCE

WHAT PRICE SHOULD I EXIT.
KINDLY GIVE ME THE TARGET

REGARDS
THANK YOU
avatar
1286.1. Aggarwal Abhishek  Dec 22, 2016 1:27:43 PM IST I Like It. | Report Abuse
He will not notice your message coz this page is not more relevant and he will hardly visit this page . If you want that he should notice your message than you should write this message at his own personal comment which he has written recently at his own wall so that he get notified by the chittorgarh that someone has replied you than he might answer your question....
avatar
1285. pratik sonar  Nov 27, 2016 8:58:57 PM IST I Like It. | Report Abuse
Hi , you can join my chittorgarh watsapp group where we discuss about IPO , share tips and ideas and invest together. text me on my number 7 0 6 3 6 7 4 3 8 9 - Pratik
Note- Only people who can be active in group and share knowledge , text me
avatar
1284. ipoexpert  Nov 21, 2016 10:53:42 PM IST I Like It. | Report Abuse
Ab kahan gaye woh digaaj jo 1000-1100 ki keh rahe the....aap sab ko pehle hi kaha tha ki listing ho sakta hai thode premium par ho jaye but it will settle around 775 but kuch iss board ke members mujhe befkoof keh rahe the....kahan gaye....ab bolo
avatar
1284.1. Eagleye  Nov 25, 2016 7:46:25 PM IST I Like It. 2 | Report Abuse
IPO Guru IPO Guru (4300+ Posts, 10000+ Likes)


And I still here ... boliye ... kya kehena hai appko ?
avatar
1284.2. Aman  Dec 4, 2016 12:03:10 AM IST I Like It. | Report Abuse
it is one of india fastest growing housing finance company. post clarity / proper flow of liquid money post demonetisation it will certainly touch the level of 1100-1200.
however i had added this in my long term portfolio and even on 900 it is still a good long term investment decision.
avatar
1283. IPOANALYSIS  Nov 21, 2016 7:36:38 PM IST I Like It. 2 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)

USA hitting high, Jappan Nikkei hitting high, Europe UK markets at high. Pakistan stock market at 42400 near all time high. INvestors and people happy times.
indian stock market at 25700 near 1 yr low. investors routed in both property and stocks
avatar
1283.1. Mohun  Dec 29, 2016 7:50:10 PM IST I Like It. | Report Abuse
i have listened to and read what every major economist on the planet has to say about indias demonetisation…….. not one single c u n t has got it right……… indian economy is a sleeping giant which has woken up……. yet our fantastic growth is not reflected in our number crunching. …….. our previous rbi governor raghuram rajan and previous pm manmohan singh ( both rothschilds agents ) wanted to hide indias economic success story.............. beggar nations are part of g7 group... what is g7 without india and china?...... demonetization causes our cottage industries and small scale family based ultra skilled industries to be measured ………. they now will be reflected in indias gdp and growth story --which the zionist pay roll economists do not want……… indian gdp is growing at 10.5% right now……. i have not yet seen a single famous economist-indian and foreign who understand the amazing indian economic growth story ……. today india is no 3 economy on this planet….. in another 16 years , we shall be no 1 ……….. yes--if indians cant adopt to digitisation change-- who can ? let me tell you , nobody on this planet can…….
avatar
1282. IPOANALYSIS  Nov 21, 2016 5:07:02 PM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
THANKS TO PM MODI AND ARUN JAITLEY FOR the state of INDIAN STOCK MARKET now

WHAT IS SURPRISING NOW IS THAT WHEN ALL STOCK MARKETS ARE HITTING ALL TIME HIGH across globe

ATLEAST MR JAITLEY SHOULD HAVE TAKEN LESSON FROM PAKISTAN , usa, europe, UK ,Japan all market doing well with no issues

it is only and only Indian stock market going down everyday due to stupidity of Arun Jaitley and Mr PM.

People wake up its ur hard earned money you have invested.

teach a lesson to BJP in elections and let better parties come in power. dont be a modi bhakht.
avatar
1282.1. MANU AGGARWAL  Nov 21, 2016 6:57:33 PM IST I Like It. | Report Abuse
100 % Agree
avatar
1282.2. dipak  Nov 21, 2016 8:36:35 PM IST I Like It. 2 | Report Abuse
Kindly stop ur anti national slogans.........when all the market worldwide was down ...ours was up.....tn what were u doing....it seems u lost a lot of black money....my condolences are with u.....
avatar
1281. Carn Mohan  Nov 21, 2016 5:01:43 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts)
Market is going in Bear phase Banks,Financial companies, Housing finance cos, can down more than 50% from here alls are highly overvalued.
avatar
1280. Carn Mohan  Nov 21, 2016 12:10:13 PM IST I Like It. | Report Abuse
Top Contributor Top Contributor (400+ Posts)
sell all your holding in Indian stock market , and buy 30 to 50℅ discount.
market is going in bear phase ,I think banks are going in very big crisis,next some quarters NPA will increase very sharply .
avatar
1279. s.selvam  Nov 18, 2016 7:38:35 AM IST I Like It. | Report Abuse
MADAM JANET YELLEN HAS INFORMED THAT FED IS GOING TO INCRESE THE FED RATE SOONER AND THE PREFERENCE TO BE GIVEN TO WHITES IN AMERICA IN JOBS BY PRESIDENT ELECT TRUMP''S SPEECH AND THE LOWER GRUIDANCE GIVEN BY NASSCOM AND FEAR OF RETRENCEMENT BY IT STALWARTS WILL HAVE ANY EFFECT IN MARKETS.PARTICULARLY WHETHER IT WILL AFFECT HOUSING FINANCE COMPANIES.EXPERTS CAN ENLIGHTEN US IN THIS FORUM PLEASE
avatar
1279.1. RAJA HINDUSTANI  Nov 21, 2016 12:18:28 PM IST I Like It. 2 | Report Abuse
sir during the 3rd quarter housing finance co. are likely to suffer the most due to sharp fall in real estate sector Therefore PNBH can come down to 660-675 levels shortly ...
avatar
1278. IPOANALYSIS  Nov 16, 2016 11:55:03 PM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
no the pricing is correct.

It is because of the stupid ideas of PM and FM for demonitisation that has led to all this

real estate crashed, stock market down , people standing in queues.

I am sure you people will show it in votes next time. there is no investment giving return.

i am sure BJP has realised its mistake but being egoistic wont accept it

hope people teach them lesson in next elections.
avatar
1278.6. IPOANALYSIS  Nov 18, 2016 9:45:10 AM IST I Like It. 1 | Report Abuse
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Looks like u all are modi bhakths. I am not against the demonitisation intention but the process bein followed. Imagine what good work bjp had a chance like asking people with othet scheme like put this money in govt bonda with no interest for 5 years .this money could hv been used properly. Check the cnn interview of a person that says no govt is so hawkish to get this done so quickly as it could cause major damage. How willl u explain multiple deaths caused by people standing in queues. They were poor people. How will u explqin money running out from india and making thus a bear market.will india survive without finvetors outflow. The process and implementation is so bad. What if it cause more damage that is business house chucking out people and loosing jobs. Just wait n watch.even chinese media have made fun of this this which is causing more damage than good
avatar
1278.7. V  Nov 19, 2016 2:40:03 PM IST I Like It. | Report Abuse
How much of your cash is wiped out?
avatar
1277. ROYKOLKATA  Nov 16, 2016 9:50:42 PM IST I Like It. | Report Abuse
the promoters should bring ipo at proper price we are now paying the price for investing in this ipo. soon will fall below 700
avatar
1276. NRI Investor  Nov 16, 2016 12:42:20 PM IST I Like It. 1 | Report Abuse
VERY GOOD RESULT 78.0% JUMP IN PROFIT.. SCREEMING BUY FROM THIS LEVEL @ 801 RS.

PNB Housing Finance today reported a rise of 78.3 percent in net profit at Rs 137.65 crore for the quarter ended September 30, 2016. Its net profit stood at Rs 77.20 crore in the corresponding July-September quarter of the previous fiscal. This is company''s first balance sheet declared to stock exchanges after it was listed on NSE and BSE last month. Total income rose by 50.8 percent to Rs 970.17 crore during the second quarter of 2016-17, against Rs 643.21 crore in same period of previous fiscal, it said in a regulatory filing. For the half year period (April-September), PNB Housing Finance''s net profit increased by 75 percent to Rs 233.6 crore, against Rs 133.6 crore. Income on the half yearly basis increased to Rs 1,833.02 crore from Rs 1,203.64 crore year ago. Sanjaya Gupta, Managing Director of the company, said that the half yearly results have been in line with company''s expectations. "The infusion of equity in the company will allow us to spread our branch network and grow our loan book. This will be in line with our growth and fixed cost optimisation strategy which will lead to improvement in the profit margins going forward," Gupta added. The asset under management (AUM) grew by Rs 34,896 crore as on September 30, 2016 from Rs 22,347 crore a year ago. Loan outstanding at the end of September 2016 stood at Rs 32,236 crore. The deposit portfolio grew by 14 percent to Rs 7,831 crore as on September 30 ,2016 from Rs 6,877 crore a year earlier. On asset quality, gross non-performing assets (NPAs) were at 0.26 percent of the loan assets as on September 30, against 0.23 percent a year ago. Net NPAs or bad loans were 0.18 percent of net advances, against 0.09 percent in the same period a year ago. The company also launched Unnati Home Loans during the first half of the current fiscal to cater to the mass housing segment in tier-II and III cities. This is to boost disbursements in the affordable housing loan segment, it said.

Read more at: http://www.moneycontrol.com/news/results/pnb-housing-finance-q2-net78-at-rs-137-crore_7966741.html?utm_source=ref_article
avatar
1276.3. NRI Investor  Nov 18, 2016 10:00:49 AM IST I Like It. 1 | Report Abuse
ROYKOLKATA,

U should understand main rule of Investing first. Rule is "Be greedy when others are fearful, and be fearful when others are greedy".

After correction from 980 levels, and with amazing 78% profit increase, ITS SCREAMING BUY NOW... now 825...

TARGET 1000+ in 3 months..
avatar
1276.4. NRI Investor  Nov 30, 2016 8:37:48 AM IST I Like It. | Report Abuse
What happened ROYKOLKATA ?

Why so silent now ???

Now who is misleading people now????

PNB HOUSING FINANCE 910+ NOW... 110 UP FROM MY GIVEN PRICE 800.


Advice for you, First read previous messages of the Experts before you give your useless opinion on anyone. Ur new here in this forum, so just be good listener first.
avatar
1275. abbas  Nov 16, 2016 9:39:54 AM IST I Like It. | Report Abuse
sir,

Can anyone tell about HPL as I have 1 lot of HPL IPO.
I am new
avatar
1275.1. Chennai  Nov 16, 2016 7:30:56 PM IST I Like It. | Report Abuse
forget or book loss and invest in PNB
avatar
1274. ROYKOLKATA  Nov 16, 2016 8:42:57 AM IST I Like It. | Report Abuse
guys situation not looking good should have sold when price was above 930..it seems that the price will fall below 700..
avatar
1273. Ashish Khater  Nov 15, 2016 10:11:14 PM IST I Like It. 2 | Report Abuse
Top Contributor Top Contributor (300+ Posts, 100+ Likes)
With eps of 10.64 this quarter, I think we can give pnb eps of around 40 this year. Wth even a P/e of 25 and book value of 337 on 31/03/2017, 1000 seems achievable. Let the market stabilise I suppose. N BUY on dips should be done. Correct me if I am wrong
avatar
1272. Tulsiyan  Nov 15, 2016 4:40:09 PM IST I Like It. 1 | Report Abuse
Hi, As confirmed..... Results are out for this company... Results are good...but not as spectacular as i expected...
Key Highlights:-
NIM growth:- 45% YOY
Fees & Operating profit:-93% YOY
PAT:- around 75% YOY

Considering the projections of other group members/post... Fundamentals are sound.... and discounting the same growth ...PAT can be well estimated in line of 440 cr to 460 cr.

Even if we go by calculation...chances of crossing 1000 benchmark is still dere subject too:-

Market stablization and no negative news from US market/govt.

avatar
1272.1. Mohun  Nov 15, 2016 6:01:17 PM IST I Like It. | Report Abuse
I believe the results was out and market reacted that tanked the price to 800 in the last 30 mins. I have 100 shares at 855. Not sure if I should hold
avatar
1271. gamble  Nov 15, 2016 2:21:20 PM IST I Like It. | Report Abuse
IPO Guru IPO Guru (1100+ Posts, 1000+ Likes)
PNBHF @800(only result can lift this up...!!)

Some alert given on Thursday about NBfC and HF :-(



144.1. gamble Nov 10, 2016 3:46:01 PM IST
PNB Housing Finance Ltd IPO

Financial stocks looks in trouble.. .!!!????


Bharat fin : 800 to 740
Ujjivan : 460 to 425
Equitas : 174 to 165
M&m : 340 to 315

Indiabull : 750-699
Hdfc : 1364-1311
Dhfl : 292-273
PnbHF : 974-933


..........just profit bookin or real downside....??


Although taken small position in equitas ....will buy on every 10-12rs downside.
avatar
1270. NRI Investor  Nov 15, 2016 9:40:06 AM IST I Like It. 2 | Report Abuse
Buy from current level 850+

Target 1000+ in 1 month..

BUY BUY
avatar
1270.1. Khemka  Nov 15, 2016 11:14:07 AM IST I Like It. | Report Abuse
IPO Mentor IPO Mentor (700+ Posts, 100+ Likes)
20℅ lower circuit in can home finance today.actually meltdown on all nbfc and housing financial started as next quarter results will be huge loss
avatar
1269. gravitaparol  Nov 15, 2016 9:19:44 AM IST I Like It. | Report Abuse
buy...buy..buy
special_offers
By Popular Stock Brokers
ProStocks, The Flat Rate Discount Stock Broker
ProStocks
Flat Fee Broker

Rs 899 Unlimited Equity
Rs 499 Unlimited Curr
or Rs 15 per Trade

Lowest Transaction Charge
Lowest Call & Trade Fee
Lowest Stamp Duty

FREE Trading + Demat Acct

Flat Rs 20 Per Trade
Free Equity Delivery Trades

Rs 100 off on account opening* + 100% brokerage refund if in 60 days you have made net profits

Enquire Now
(* on online account opening)

Intraday @ 0.02%
Delivery @ 0.15%

Rs 0 account opening fee
(Rs 400 waived)

Request Demo

RKSV Discount Broker  RKSV

Ditch & Switch

Switch to RKSV and earn brokerage credit of Rs 2000

Get RKSV Trading Account

Beginner, seasoned investor, active trader or HNI. Get customised solutions.

Rs 0 account opening fee on Online Trading + Demat Acct
(Rs 1150 waived)

Request Call Back



More About Brokers

Special Offers Broker Reports

Message Board

Stock Message Board


Search Chittorgarh.com:

Translate Chittorgarh.com: