Home First Finance Company India Ltd. IPO Message Board (Page 24)

Apply for listing gain

Good premium in market..

No loss of capital so apply with full force

Latest GMP ?

115-125

Hi
Pls latest gmp

From this afternoon all gray mkt activity stopped due to fall in bse/nse
Those who are interested in this counter may chk on Monday for qib / hni data
Before subscribe(imo)

Satisfactory response , for third IPO in a week.
QIB & HNI apply on the last day due to interest factor ( 2 holidays also).

Something to consider
Compare with indostar capital
1)both r NBFCs
2)both promoters connection with Mauritius
3) placements before Ipo
4) valuations are high
Indostar currently trading 40% discount after listing

Add if missed something
Ty

Reit of Brookfield
Who are also stake holder in indostar

Yes, that is what I had mentioned few days back in this thread. The price is in range bound with thin quantity traded irrespective of ups and downs of market. May be operator is preparing his game plan...

3 Days more left. public already applied for 2 IPOs so taking their time.

Apply

No buyer in grey

IPO aplai KARNA HE YA NAHI.

this high price Imo is perfect for proverb....... Make hay while the Sun shines
Another high valuation IPO is way to high just a week back they have issued to a private equity at 334 and they want to us subscribe 518. Financial is ok compare to it peers Aavas finance but compare it market leader HDFC or government company like LIC and PNB it way to highly priced. Anchor book is great all the big names however they have been wrong many times.

home loan is growing on indian economy general indian own their house out right however this has grown over time not sure what is ratio to GDP is very low single digit or low teen is the ratio i think.

As i said financial is excellent and growing however issue price is problem....so again i am avoiding this IPO

However one big positive for this IPO would be budget i have strong feeling finance minister to complete government mission housing for all may give additional incentives in this budget

so same as Indigo paints i am not applying also market is at all time high at 40 PE so i will not apply it will provide listing gain but IMO better player in the market and housing finance business is high risk business with NPA ok it better then other assets loan however over time if housing loan decays like the big 2008 fall was bcoz of sub prime loan.... and all these big anchors investors were directly involved in that financial disaster so do not give much importance of them subscribing.

i am avoiding this IPO

Salaried will be made scape goats 🐐 again in the budget. It would be definitely good budget for others. They may announce incentives

Comparing HFFC with giants like HDFC will not be an apple to apple comparison. As HDFC has many other products while HFFC mainly caters to first time home buyers. Given good growth in affordable housing segments because of many government schemes. I think the company will maintain the good growth trajectory going forward.

164 - 168 rs

Thank you for the update @sonal patel and @eagleye

Should I apply for HFFC
Or
Should I wait for stovecraft?

Thankx
Patelji
JohnyJi

HFFC seems to be a good buy in my opinion as PM has announced 1lakhs pmay homes recently. Should be beneficial for the company.

Latest GMP Plz

For 334Rs placements in oct-nov 20 where bse snx was 38000 to 39000 and currently
50000 doesn''t it important to take a note???(fir to jisne 890 me reliance me position li unhe 2000 nahi milna chahiye 1saal bhar me,-i m not comparing RII to HFFC , only example)
When no one wanted to invest , WB has done it
Though I m not justify valuation, it is costly but see past 10-15 ipo valuations
Only uti,mazgon and IRFC were in comfortable valuation (imo)
NBFCs not doing good in this bull market and remain dull for next 1-2years
HFFC gmp is good , if someone feel fear then sell in gray sub 2 and apply

How to sell in grey sub 2

Are these promoters long term promoter like Reliance. Beside error in percentage comparison you need to understand that these funds are in it for quick profit. Their lockin is just one year
Are they responsible for these companies. Show 5 cases of such fund invested companies and you will realise that promoter commitment is important

Dear Lekker
It is foreign company
Large stake held by clutch of foreign investor
Apply for listing gain as well as long term
Third issue coming this week so retail allotment will be liberal. Retail may be max 6 to 8 time.
Because of fund shortage for retail otherwise it will subscribe above 10 time

Thank you Sir
Now I am applying in all three.

...

Stove Kraft IPO – Schedule *(Tentative)*

20th Jan – Announcement of Price Band
22nd Jan – Anchor Investors Allotment
25th Jan – Offer Opens
28th Jan – Offer Closes
02nd Feb – Finalisation of Basis of Allotment
03rd Feb – Unblocking of ASBA Accounts
04th Feb – Credit of Equity Shares to Depository Accounts
05th Feb – Commencement of Trading


Stove Kraft IPO – Issue Information *(Tentative)*

Issue Opens on: 25 January 2021
Issue Closes on: 28 January 2021
Issue Type: Book Built Issue IPO
Issue Size: 1,07,17,532 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.384 – Rs.385 Share *(Tentative)*
Discount: NIL
Market Lot: 38 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 3,00,80,631 Shares
Fresh Issue of 24,67,532 Shares @385/- = Rs.95.00Crs
Offer for Sale of 82,50,000 Shares @385/- = Rs.317.63Crs
Equity Shares outstanding after the Issue = 3,25,48,163 Shares

Category-wise Break up:
Anchor – 32,15,260 Shares = 123.79Crs
QIB – 21,43,506 Shares = 82.52Crs
NII – 16,07,630 Shares = 61.89Crs
RII – 37,51,136 Shares = 144.42Crs (Lot size: 38 = 98,714 Forms)
Total Issue – 1,07,17,532 Shares = 412.63Crs.

Subscription required for 1X
RII = 98,714 Forms
NII = 61.89Crs

Retaler 10% size

175 - 178

Any body availed their loan? Visited their branch?
How professional was their service? What''s the energy level at the branch?

Looks like none of us fall in affordable housing category

Dear Experts,
Can I apply this HFFC ipo or not??
Listing Gain expected or not??
Please Suggest me.
Thank You

If you do have funds then take some risk. No body can guarantee listing gains. Looking at current trend seems will give decent gains unless there is something very very negative in budget.

Whether it will open for bid on Saturday Sunday? Or only on 25th

HFFC is already open for bid. Stove will open on 25th after 10:00 AM

On First day....
QIB response is very much high in HFFCL v/s Indigo Paints
NII & RII response is much low compared to Indigo Paints

Patel ji,
Funding crunch for NII and retail, back to back IPO.

@ganesh jaiswal,

Agree on NII and Retail, but main thing I want to highlight here is QIB. First day response is very good v/s Indigo Paint...