Equitas Holdings Limited IPO Message Board (Page 95)

Gmp 1050 in RAJKOT

if price band above rs 105 then nothing gain

You seem to worry too much, Mehul. Or, maybe ur too excited ''coz u like this issue.

Focus on P/B multiple ur willing to pay. If ur comfortable with 2.0x then 105,107,110 all are same.....no material difference. Let''s see what issue price range company comes up with.

Gravitas
He is buying Daal chawal from market..
Chawal one grocery shop offering 105 other 110
Now Mehul will avoid 110 Price Grocery shop will say him avoid. And buy from 105 Price.
Mehul whats the point posting nonsense material.

Don''t be much excited, if they get it at 90 and lists at discount worthless. Even if they get this at 150 get it lists at 180 Its Worth!

Eageleye ji.....IPO kaisa lagata hai....ehl kai......

Aap bahut acchey hai........JAI HIND
BURA NA MANIYE HOLI HAI

Septa ji honeymoon se lautke kab ayenge.....aap kai biina man na lagai....farm hose ajayeyi..............buraaa na maniye HOLI Hai....

Lagat hai yeh IPO ma kuch baat hai...
Retailers ko kamai ho jave....
Bhagwan ..garib ko allotment denai

Appli.1150.

Kostak 950/- in RAJKOT

It''s Grey market so secure

ya etla mate j pu6yu camare pan grey ma application apvi 6 bhai etle. or evu hoy to may i contact you ?

its strictly avoid if issue price above rs 110 promoter and sebi allow ipo in such way that retailer get loss only

if 107 fair value and ipo price 110 then clearly avoid

Calculation of required price for P/B of 2.0x:
(A) BV as at March15=11,706m
(B) Net Profit in 1HFY16= 342m. NB: This is standalone. Consolidated profit is not known.
(C) Fresh capital=7,200m
(D) Assuming full retention of profits, BV as at Sept15=11,706+342+7,200=19,248m
(E) Assumed P/B= 2
(F) Shares o/s pre-issue= 291m
(G) Price for assumed P/B of 2.0x= (D*E-C)/F= INR 107.5

P/B of 2.0x appears to be fair given Ujjivan has recently raised capital pre-IPO @ 2.1x P/B. So, any price below 107.5 looks fair to me.

Please note that the above price is calculated using standalone profits for 1HFY16. If we take consolidated profits- hoping, but not sure, that it will be larger than standalone profit- and also adding some estimated profits for Dec quarter, the ''actual'' P/B at 107.5 should be less than 2.0x.

What I mean to say is that this could the first issue in 2016 which appears to be fairly priced provided the issue price doesn''t deviate much from 108/-.

Shouldn''t you be using shares o/s post issue if you have factored in the fresh capital raise in P/B?

guys which are ipo come after equitas ? Specify dates pls

Gmp 950

if sensex go down monday then gmp also will go down

GMPs 11-12.5
Application Minimum 1100-1150

Ehl Very good ipo from long time

gmp may be increased

eagleye book value how much till 31 dec 2015 of equitas ?

Gmp 850/-

Post money Price/Book is ...
1.8X FY''16
1.6X FY''17

ROE will be 13% for FY''17

FII holding post IPO will be 35%

Rate? Estimation

GMPs is now 9.5-12
Application Minimum 1000-1050
Check!!!

EPS is 6.8 Estimate for FY 17
Fair value 167
Already given

IPO rate will be around Rs.110/- ... plus/minus Re.1/-

Ahmedabad me interest 775 chal raha he