Five Star Business Finance Ltd IPO Message Board (Page 3)

Hello all,
I have applied in this ipo under retail category in lowest price band i.e 450/-, Will i get shares allotment as the ipo is undersubscription

No you will not be allotted
Bach Gaye tum loss hone se

Ab tera Kaya hoga re kaliya

Made 1 application under retail and taking the risk.

is it a risk...certainly not. This was a fire cracker that you purchased. you will just feel happy seeing lighting and sound(allotment and amount debit message happiness) and then all will be lost. Happy diwali

@IPOGUY
Are bhai bhai bhai ..........😂😂

Will this ipo be taken back due to poor subscription??!

@Avdhesh ji - no it is not likely to be canceled. Very very minor probability of extension.

As members @PKRAJ and @IPO Gyaaan have pointed out, it's a pure OFS, which means they can theoretically complete the issue on a 50% subscription also. Past examples are Sterling & Wilson (0.85x subscription) and Star Health (0.79x subscription)

This kind of response will prompt Investment Bankers to not get greedy

expensive valuation =undersubscription

@madhur jain nope... sasta , mahenga sab listing ke bad.. grey me paisa nahi doge to best ipo fail aur expensive like nyka , zometo listing boom baam aur fir half ho jayege..

Valuation is on lower side pe below 30.its peers aavas on 46 and aptus on 43 pe.This ipo good for long term view not for listing gain.

Although my pocket is empty and all money hold but kindly give guidance about five star business financial ipo☺ .. Dear Liger, cb, IPO Wizard,SamJos, Arca, pratham, Prasen Ipo, krisnaT, Abhishek Mani, PKRAJ,Monster Zero,NITEENIPO,bAAz,anari,ipoking,bhav,pratham,Smile.,Prabhjot,ColdBurger, krupaji & sonalji,Chemcho,Takamichi,sdz,rsk,XCapitalMarkets,amitchheda,Jethalal,stockoholic,ultrasnow,harit,learner,SK,earthking,arjunrajkot,ipobull,eVA,avenue,DineshSingh,suneel,paravala,mravi,k.Atarji,ipomastana,lokes,arun,ipo analysis,eagle & owelseyes,pkraj,aniket,noorul,kappo,Hostpacker,sahukar,pRAce, and all chitorgarh family members Should we go for apply or skip or wait till last day for this ipo?

better buy campus with same amount of money and hold, check campus after 10 days, min 10% you will get....

@God Is Great... I am nobody in front of you to guide. You have far greater knowledge than myself. 👍

But jo kal hua bahut bura hua...

Flop show from -5 star finance.

Looking at flow of messages its seems nobody is interested in this 5* IPO.

2 application in Retail submitted.

If not subscribed, what will be?
When will be unblock the money.

Thanks

Yahan Itna sannata kyu hai bhai??😅

QIB will bail ot out..... I expect a flat to positive listing. May go down afterwards. Not applying.

To all members who think that inspite of good fundamentals why such low subscription

This is just my opinion

They are valuing themselves at around 27 P/E, it is quite high, nothing left for investors on table
Can't be compared to AU. Why ?

Because Au is kind of a bank having access to low cost credit( CASA)
has much more brand equity than Five star

So, I think on listing it might come down by 20-30% and then i will think of buying because nothing bad with company per se
growith, margins are decent
NPA is very low
Promoters seem to be honest and fine
Secured business model

these parameters are very imp

Long term, this bet will be very good in my opinion( i would say apply after listing

Very good quality company.All loans given by company are secured. Also very low npa. Plz invest surely give profit

high valuation so avoid

Ye ipo me bi firm allotment hi hoga but yaha koi listing gain nhi dikh raha to yaha to koi chillane ya comments k liye bi nhi aayega

Bullish Bhai

company to ok lag ri hai as per fundamentals but valuations high rakhi hai mere hisab se

so that's why i am not applying

you never know what happens on listing though
kya pata 10% gain de bhi jaye but loss ke chances hai i think to

Bhai, NBFC ko itna profit margin kaise hota hai, unrealistic sa lag ra hai.

Charge higher interest, do low provisioning, make the loan secured, give small loans and play with mindset
All boxes ticked by this company, great buisness but no moat and no barrier to entry

IPO Mining

it would be unfair to say no barrier to entry

it is quite tough to create risk assessment models for low-income/business models

the game in NBFC, Microfinance space is all about low NPA

companies with low NPA( due to robust risk assessment practices) will always gain

I would have applied in this had their valuation been around 15-20

they are valuing around 27 which is close to around AU bank which i believe has far superior credit practices and lower credit cost on account of CASA

No major issues here but just the business is not too encouraging. Risktakers may apply for one retail lot if QIB crosses 3x and total subs is 2x. Otherwise, skip.

Thank you !!........keep Crowing.

NBFC sector scared me and more if its name includes STAR
burnt my hands in INDOSTAR Capital

Complete avoid for me

Same Pinch.

Sold Indostar Last Month.

Looks like ita Postponed/Cancelled.

No Option to apply.

The company is mostly owned by Institutions and the QIB's will make it sail through.

Last minute, qibs will apply. But hni and retail subscription is a question mark. Definitely both categories will be under subscribed.

Issue will sail through as QIB will bail out. Even small investors and shni will subscribe as risk appetite of each person is different. lucrative discounts and other post ipo offers may also add to subscription.

Dear Admin,
The reserved portion of QIB is 50% of the offer. The QIB portion is already subscribed 52%. So the total issue subscribed more than 25% other than HNI and Retailers. But subscription figures show only 18%. How is it possible. Correct me if I am wrong.

60% of qib is anchor investors. Ie 30% of total.
So qib should be taken as 20% retail 35% and hni 15%. Total 70% if you calculate you will get correct figures

Because here QIB portion in subscriptions is after removing anchor portion which is part of 50% QIB.....