Hi. As per massages from this form I take two main points this is auto part company but not big as mothersonsumi So there is no comparison in uco and HDFC Bank this is much smaller company. Grey mkt uae by merchant bankers to trap retail investors this time same happen. And from my side listing is on 17th and in online application we can not stop allotment ipo closing and listing date gap is 9 days so in this geo political tension time I avoid this ipo there is many IPOs in future so why take risk in this high price ipo.
Hi my dear investors this is very strong auto ancillary Ind.in India because the clients below 1.Honda 2. Bajaj 3. Royal Enfield 4.Tata 5. Hero 6. Mahindra & Mahindra Those companies very very fast growing co.especially Royal Enfield and Honda motorcycle So my suggestion is Apply this ipo and after listing keep buying and hold to near 3 to 5 years it gives10 times returns.
Frnds looking at endurance fundametal and future prospective comparision can done only with bigger player so 27/30PE looks reasonable ..Plus CRISIL rating A1+
Well, U can''t compare UCO bank with HDFC bank...!!
77. Silapathar| Link| Bookmark|
October 2, 2016 6:55:06 PM
Top Contributor (300+ Posts, 200+ Likes)
On a first glance at RHP, only issue looks to be debt. It is either increasing or at same level from last few years, which indicate no plans to cut debt. Current debt is around 950 cr.
76. V raj| Link| Bookmark|
October 2, 2016 6:42:37 PM
IPO Mentor (900+ Posts, 1100+ Likes)
Septa sir what about your view from ETL Ipo ? Apply or not ?
NBFC / Bank''s are finance very selective IPO under QIB/NII category and margin depending on its worth and GMP. Margin in RBL@1%, ICICI @ 3-5%. They are demanding Margin @ 3-5 percent on financing of Endurance IPO which indicate that GMP will not survive as such ICICI.
In Endurance, promotors are selling the stake.with 5000 pls cr sales, the profit is only 289 cr and with post issue equity of 170 crores, the EPS would be 17.so issuing shares at 27 p/e whoch appears too high for an auto ancillary company
When we apply the IPO From ASBA , then a Application No was generated, based on that application no we search in the allotment status.
now the question is : WHO Generate this application Number ? 1) ASBA Bank 2) Registrar of investor company
why I asking this Question: Actually my amount was blocked for many days and application number not found in allotment, when i ask this from registrar they said we do not have your any record regarding that application no and Pan No.
It is better to work with physical form of ipo.atleast you can note your application number when you apply.
67.3. CLD| Link| Bookmark|
October 1, 2016 3:23:54 PM
Top Contributor (500+ Posts, 100+ Likes)
If you apply online then application number get generated automatically starting with a specific code of the bank where you submit the application. In this case if your amount has been blocked in the bank account then it is sure that your application should get considered for allotment. The only way your application is not considered is if you have given wrong PAN & (DP + CLIENT ID) while registering a person with the ASBA bank.
In case of physical application also even if bank has blocked the amount, the application may not be considered for allotment if PAN & (DP + CLIENT IN) is not mentioned correctly.
Bank in both cases does not check the above particulars & deems to be correct.
now the question is : WHO Generate this application Number ? 1) ASBA Bank 2) Registrar of investor company
Answer) The ASBA Bank generates this Applc number. If you are checking with the registrar (KARVY or whomsoever) regarding refund, If they are not able to trace your Applc number , then you must provide them with your PAN number and DP CLIENT ID (Full ID of DP Code + Client ID) from which they may trace your application.
Prud Invest : as you mentioned "you must provide them with your PAN number and DP CLIENT ID (Full ID of DP Code + Client ID) from which they may trace your application." ==>When i call to Karvy they said there is no any record we have regarding your pan card / DP CLIENT ID for the applied IPO.
CLD: as you mentioned " it is sure that your application should get considered for allotment"
=> But as per Kervy they are saying we have not receive you application. as far wrong PAN card or DP ID , that will 100% sure that they are correct because i always apply different companies IPO from same ASBA bank , and the details are already filled, i have only select my name which auto populate the details.
quality: as per you mentioned "It is better to work with physical form of ipo.atleast you can note your application number when you apply."
From now onward i will go with this option But where does i have to get and submit the Application Form? From Asba bank / IPO company Registrar.
Gabriel india book value 27 rs and roe 20 percent value 116 means 27 multiply by 4 endurance tech book value 95 roe 20 means listing price 95 multiply by 4 equal 380 and ipo price 472 so avoid and if qib comes last day above 20 times then apply