Equitas Small Finance Bank Ltd IPO Message Board (Page 16)

GMP UPDATES 11.10.2020 @6:30 P.M.
(AS HEARD FROM VARIOUS SOURCE)

UTI: (-25/-)
SBT: NIL

MAZAGAON 105/-
ALLOTTED: 10500/-

LIKHITA No Trades
FIX APPLICATION: No Trades
SBT: No Trades

EQUITAS: 9/10
FIX APPLICATION: 350/-

(GMP and KOSTAK rates are just according to the rumors going on in the market. Neither we do not confirm that they are right or wrong Nor do we recommend doing such illegal deals.)

Equitas ke shareholder aplay kar shakte hay kai?

Yes EQUITAS shareholders can apply in shareholder quota

S2 rate 1200 sold in gra

30/06/19 na result chhe. 30/09/20 sudhina result kem nathi?

Grey mkt buyers not interested in this ipo

Biggest loss to hni will be in likhita infra as 100% allotment to hni of 65% shares of ipo.....

Who are these grey market operator's?
Are they any kind of Dalal?
Why do they destroy the mood of the public when UTI AMC GMP is less than its IPO price?
Does there is any link from grey market operator's to the company ?

Mostly all are buy 1 share of equitas to bid in share holder category.

But this ipo may flop like uti.

Grey mkt buyers no interested.

can i invest share holder category and retail investor both or not ? kindly advice

yes

Yes ,you can. You must have 1 share of equitas holdings share in your DP then only you can apply in share holding category too

Comparison between Ujjivan SFB vs Equitas SFB

EPS as on 31.03.2020 -> 2.18 vs 2.39

USFB CMP of Rs. 32.1 and EPS of 2.18 (as on 31.03.2020), PE for USFB is = 32.1/2.18= 14.725

Assuming same PE=14.725, EPS=2.39 for ESFB, true share price should be 14.725 X 2.39 = 35.20

So tentative offer price of Rs 35 is not attractive compared to listed peers USFB. There will little/nothing left for investors in this ipo.

Please sharee holdre records date???

Record date will be the RHP filing date by ESFB. Please note that RHP has not yet been filed by the company.

EQUITAS share should be credited to your demat account on or before the RHP filing date to be eligible for the shareholders quota. It should not be in T+2 cycle

Ujjain small Finance bank I s available at much attractive price than Equitas, why one should apply at much higher price?
The performance / Balance sheet is also much stronger than Equitas.

Which is CUT OFF Date to buy Share for applying in IPO in SHAREHOLDER Category?

@mitul sir,
RHP hasn't yet been filed by the company. RHP may be filed between coming Monday to Wednesday since ESFB ipo is planning to open from 20th October.

So, you should purchase EQUITAS share 2 days prior to the RHP filing date considering T+2 delivery cycle.

Considering the above circumstances, anyone can buy EQUITAS share on Monday.

Please note that above advice is given based on the fact that ESFB is opening from 20.10.2020

Can shareholder is eligible to apply in both category Retail and as shareholder also, from same pan, same demat. Expert please advise

Thanks

Yes

Equitas Small Finance Bank IPO Details
IPO Date      20 OCT 2020 – 22 OCT 2020
Issue Type      Book Built Issue IPO
Issue Size      15,20,00,000 Shares
Fresh Issue      [.] Eq Shares of Rs 10
(aggregating up to Rs 280.00 Cr)
Offer for Sale      72,000,000 Eq Shares of Rs 10
(aggregating up to Rs [.] Cr)
Face Value      Rs 10 per equity share
IPO Price      [34] to [35] per equity share(Tentative)
Market Lot      428 Shares
Min Order Quantity      428 Shares
Listing At      BSE, NSE

GMP Rs 8 -Rs 10.

Wait for price band,
Even after if price is attractive dont expect good listing gain,
Listing like CAMS on the mark,
Long term history of pair USFB not good also parent EH company shares is trading at half price of ipo price, both these factors will be impact on confidence of investors about this ipo

KARVY/KFINETECH ME Kisiko Third party allotment mila hai ??

Because i experience in Link intime give Third party allotment

It seems more then 50% shareholders of equitas holding are of below 10 shares ....

I am also holding 1 share of equitas in each of 6 demat accounts since January 2020????????????

Oversubscription may be similer in retailers and shareholders catagory as maximum retailers are seating with just 1 share of equitas ...me too 1×4 ac ...

Equitas IPO came in 2016 at 109 and now available at 52 rs. Ujjivan parent company came in 2016 at 210 available at same price. Ujjivan small finance came with 37 rs is now available at 32 rs. When all 3 long term performance is so bad wont this come in everyone mind on listing. All these grey market premium won't retain by listing.

Any information regarding RHP expected filing date.

Equitas GMP 12 to 19
App rate 300
Subject to 2800