Peer Comparison: Bharat Financial - Revenues Rs 2102 crores, Net Profit Rs 455 crores, P/BV 5.64, PE 26x, Market Cap Rs 16922 crores.
Equitas Holdings - Revenues Rs 1767 crores, Net Profit Rs 31 crores, P/BV 2.09, PE 151x, Market Cap Rs 4751 crores.
Ujjivan Financial - Revenues Rs 1581 crores, Net Profit Rs 7 crores, P/BV 2.60, PE 631x, Market Cap Rs 4585 crores.
Satin Creditcare -Revenues Rs 1031 crores, Net Loss Rs 3 crores, P/BV 1.60, PE NAx, Market Cap Rs 1684 crores.
Credit Access -Revenues Rs 875 crores, Net Profit Rs 124 crores, P/BV 2.94 after fresh issue of Rs 630 crores, PE 48x on fully diluted capital of Rs 143 crores, Market Cap Rs 6050 crores.
Total Issue - 2,68,05,394 Equity Shares = 1,131.19Crs.
Subscription required for 1X RII = 2,68,054 Forms NII = 169.68Crs
14. Eagleye| Link| Bookmark|
August 1, 2018 6:48:19 PM
IPO Guru (6600+ Posts, 21900+ Likes)
GRAMEEN IPO - Schedule (Page# 303 & 304 of RHP) 01st Aug - Price Band to be Announced 07th Aug - Anchor List 08th Aug - Offer Opens 10th Aug - Offer Closes 16th Aug - Finalisation of Basis of Allotment 20th Aug - Unblocking of ASBA 21th Aug - Credit to Demat Accounts 23rd Aug - Listing on NSE & BSE
Please Note: 15th / 17th & 22nd August are Bank Holidays
Credit Access - P/BV 2.94 after fresh issue of Rs 630 crores, PE 48x on fully diluted capital of Rs 143 crores, Revenues Rs 875 crores, Market Cap Rs 6050 crores.
Pe 34 RONE 8.73% (is very low) NAV 111.12 as on 31.3.18 P/B 3.8 is little bit expensive. Only + point is multinational company backed by four asian institutional investors. Price is little bit high. How qib responds lets wait and see. Anyhow we will wait until last day to apply like bandhan bank.