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Aavas Financiers Limited IPO Message Board (Page 19)

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6. JAI MATA DI |   Link |  Bookmark | September 12, 2018 5:35:12 PM
IPO Mentor IPO Mentor (700+ Posts, 500+ Likes)
AAVAS FINANCIERS LTD. PREV. NAME AU HOME FIN. LTD. A SUBSIDIARY COMP. OF AU SMALL FIN. BANK LTD. PREV. YEARS AGO AU BANK SOLD HIS 100% SHARE TO LAKE DIST. AND ESCL. SO NOW THE OFFER OF SALE AND FRESH ISSUE BY LAKE DIST. AND ESCL.
5. SJ |   Link |  Bookmark | September 11, 2018 4:30:45 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
Those who missed to grab the opportunity of AU bank make sure this time , if not allotted , buy on listing and stay invested .

AU --->> 350 to 700
100 % Return

AU offer price : 358
Listed at : 525 BSE only
Made high : 745
CMP : 700

When Co. and promotors are good enough , no need to look at GMP.

Co. Strength
Lowest NPA & 2nd Highest AUM growth
Better than Grammen Koota
5.1. SJ |   Link |  Bookmark | September 11, 2018 5:10:32 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
AU bank issue size was 1800-2000 crore.
Let's assume AFL issue size min.1000 - 1200 crore.

Another nice thing is that out of 5 LMs 3 are the same as that of AU bank.

1. HDFC
2. ICICI
3. Citi

Registrar is also same Link-in-Time
5.2. SJ |   Link |  Bookmark | September 11, 2018 10:47:59 PM
IPO Guru IPO Guru (1300+ Posts, 3200+ Likes)
Issue size :

Fresh Issue : 400 crore
+
OFS : 16,249,359 Shares
( Roughly 162.5 Lakhs )

Peers :

1. HDFC
2. GRUH
3. REPCO
4. CAN FIN HOME
5. PNBHF

Industry P/E

Highest :35
Lowest : 16
Average : 25

EPS 2018 : 15
Average Offer Price : 375 { 15*25 }

Total OFS : 375* 162.5 Lakh Sh.= 600 Crore
+
Fresh Issue = 400 crore
Total Issue Size = 1000 Crore

N.B : As per DRHP , There is a provision of discount for RIIs but no reservation for AU Bank shareholders

4. venKY |   Link |  Bookmark | September 11, 2018 3:38:22 PM
Issue size?
3. Hiren LM |   Link |  Bookmark | September 11, 2018 12:29:52 PM
*AU small finance Bank
2. Hiren LM |   Link |  Bookmark | September 11, 2018 12:01:09 PM
Will shareholder of AU Small Financial Bank get preferential allotment?
1. sonal patel |   Link |  Bookmark | September 11, 2018 11:58:04 AM
IPO Guru IPO Guru (1500+ Posts, 5700+ Likes)
very good company ..............wait and watch for price band