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Jana Small Finance Bank Limited IPO Message Board (Page 1)

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220. GrayIsTheNewBlack |   Link |  Bookmark | February 22, 2024 6:39:57 PM
IPO Guru IPO Guru (1900+ Posts, 1100+ Likes)
@rohiitian quarterly results are out and fortunately seems much better than other SFB's.
Should give a decent up move in the next few days 🤞
220.6. GrayIsTheNewBlack |   Link |  Bookmark | February 23, 2024 10:07:47 PM
IPO Guru IPO Guru (1900+ Posts, 1100+ Likes)
@rohiitian , Didn't see any fireworks in Jana today.
Maybe market is not in a mood to reward SFB's at all.

Good to know that you stay in Bangalore too !
From your username (IIT'an) and good hold on financial domain, taking a wild guess that you work for Goldman Sachs ;)
220.7. rohiitian |   Link |  Bookmark | February 24, 2024 10:13:29 AM
IPO Mentor IPO Mentor (800+ Posts, 500+ Likes)
@GrayIsTheNewBlack Haha nice guess, but no. Will meet you someday and tell my story :)

On Jana, I think I'll exit on Wednesday EOD if there's not much action after Tuesday
219. Kapz |   Link |  Bookmark | February 22, 2024 6:20:10 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
Jana ready for a strong upmove with excellent results published today.. increasing NIM, PAT, Secured loan book.. decreasing Gross and Net NPAs. Well done to those who held or added post listing 👏
219.1. DHARMENDRA SHARMA |   Link |  Bookmark | February 23, 2024 4:55:06 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Dear kapz,
Please suggest some sme or any other which is good for current level for investment🙏, and after correction buy.your advice help me earlier.
Thanks
219.2. Kapz |   Link |  Bookmark | February 23, 2024 5:11:03 PM
IPO Mentor IPO Mentor (600+ Posts, 200+ Likes)
@DHARMENDRA SHARMA in my view for SMEs, keep a very close eye on Esconet, Alpex Solar and Thaai casting. All three are extremely good candidates from both short as well as long term holding. If one can hold for next 3-4 months as a minimum, I’m certain will reap exceptional rewards.
218. Np patel |   Link |  Bookmark | February 21, 2024 1:24:09 PM (200+ Posts)
Tomorrow is result and it's settling down high.
I'm personally selling my IPO lot as not sure if the result will be in the favour or not.
Please share your views.
218.1. Chhote Lal |   Link |  Bookmark | February 21, 2024 2:27:16 PM
Top Contributor Top Contributor (1900+ Posts, 900+ Likes)
@Np patel Counter is showing great strength. Exiting at uptrend may not be right decision.
218.2. Np patel |   Link |  Bookmark | February 26, 2024 8:36:34 PM (200+ Posts)
@Chhote Lal Ji, sorry for late update but market heard you that day my order didn't execute that day with the limit I've put. Thank you :)
Now the result seems good will hold for more time.

Hope it wont take much time to jump as Ujjivan did.
217. Rakcyt |   Link |  Bookmark | February 19, 2024 6:52:25 AM
IPO Guru IPO Guru (1000+ Posts, 900+ Likes)
Bulk buy deal for 68L shares by Amaska .
Watch out the movement this week.
217.9. Chhote Lal |   Link |  Bookmark | February 23, 2024 9:20:05 AM
Top Contributor Top Contributor (1900+ Posts, 900+ Likes)
@Rakcyt  Was listening to management commentary on one of leading channels, MD & CEO Mr Ajay Kanwal is quite sorted about the business growth. Appears, similar momentum will continue to give us new highs 🙂
217.10. Rakcyt |   Link |  Bookmark | February 23, 2024 9:22:53 AM
IPO Guru IPO Guru (1000+ Posts, 900+ Likes)
@Chhote Lal Yes you are right .👍
The pre IPO concerns caused by COVID have been addressed and are on the positive movement going forward.
Let's be positive
216. TGK |   Link |  Bookmark | February 18, 2024 2:49:15 PM
Qtb ly result for December 2023 qtr is on 22th Feb can we expect any extraordinary
215. Lucky Mohit |   Link |  Bookmark | February 17, 2024 9:40:27 PM
Allotment to Retail Individual Bidders (after rejections) (including ASBA Applications)

The Basis of Allotment to the Retail Individual Bidders, who have bid at the Cut-Off Price or at the Offer Price of Rs. 414 per Equity Share, was finalized in consultation with the BSE. This category has been subscribed to the extent of 5.79546 times. The total number of Equity Shares Allotted in Retail Portion is 4,719.114 Equity Shares (i.e. Including Spilled over of 14.426 Equity Shares from Employee category) to 131,086 successful Retail Individual Bidders. The category-wise details of the Basis of Allotment are as under:
214. Lucky Mohit |   Link |  Bookmark | February 17, 2024 9:02:51 PM
Someone here posted not to apply for the Jana finance and capital Bank ipo and the shares will be available much lower than listing price post listing . He was hundred percent correct. Thank God I was not alloted any shares
213. Mani sharma |   Link |  Bookmark | February 15, 2024 9:47:55 PM
Respected forum members kya kal bhi jana me uptrend move aa sakti hai kya aapke kya view hai🙏
213.1. Chhote Lal |   Link |  Bookmark | February 16, 2024 8:37:41 AM
Top Contributor Top Contributor (1900+ Posts, 900+ Likes)
@Mani sharma This counter is showing strength and one can expect the uptrend to continue. Ek din ki movement ke baare mein kuchh kehna toh mushkil hai, but as they say : Patience Pays. If one can ignore fluctuations here are there, good rewards may be expected. Keep Minting !
212. Not Smart |   Link |  Bookmark | February 15, 2024 9:39:01 AM
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
Bought 600 shares at an average of Rs.386.43 yesterday. Price jumped
7% +today.
212.1. SJ❤️ |   Link |  Bookmark | February 15, 2024 5:35:15 PM
Congratulations
212.2. Rakcyt |   Link |  Bookmark | February 19, 2024 6:47:33 AM
IPO Guru IPO Guru (1000+ Posts, 900+ Likes)
@Not Smart  Very SMART move dear. Remove Not as prefix from your title 😀.
211. Seth. |   Link |  Bookmark | February 15, 2024 1:28:29 PM
IPO Mentor IPO Mentor (1000+ Posts, 400+ Likes)
What a bounce back.
Totally unexpected performance yesterday free fall and today strong up move.
211.1. SJ❤️ |   Link |  Bookmark | February 15, 2024 5:34:24 PM
Retail investors all sold n big players took entry ✌️✌️ holding my 1 SHNI LOT ❤️
210. svh |   Link |  Bookmark | February 15, 2024 1:39:41 PM
IPO Guru IPO Guru (2400+ Posts, 3600+ Likes)
Very Close to Upper Circuit 441
🙏👍
210.1. SJ❤️ |   Link |  Bookmark | February 15, 2024 5:33:22 PM
Just missed by lil for UC 😅 But this gone go up what I feel
209. G profit |   Link |  Bookmark | February 15, 2024 4:37:15 PM
IPO Mentor IPO Mentor (1000+ Posts, 200+ Likes)
Sold my single allotted lot today with some profit. Happy that I didnot exit yesterday at loss. But still holding two lots of capital SFB.
208. Dr.Vanraj chavda |   Link |  Bookmark | February 15, 2024 2:04:06 PM
Hi everyone.

Alloted 1 retail lot and broker said to sell by the end of the day at any cost. Price was at 391.

Then within the next minute it started falling and went all the way down to days low but still I decided to go against what broker has said and what everyone else was suggesting here and everywhere else. I knew that it would rise tomorrow.
Now , so gald that I listened to my gut feeling.
208.2. Dr.Vanraj chavda |   Link |  Bookmark | February 15, 2024 3:45:11 PM
True. Thank you @Chhote Lal
208.3. Arzoo |   Link |  Bookmark | February 15, 2024 3:59:32 PM
Same i do. Still i hold. I think it's cross PE-25 then decide to withdraw only my invested ammount.
207. Nothing New |   Link |  Bookmark | February 15, 2024 2:24:37 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
This one and a quite few earlier ones, the gist of all stories is "do NOT fall prey to the ruckus on the morning of listing day by the usual GMP fiends. Do NOT sell the hard to get allotment when you have applied after skimming the fundamentals."
206. Alien |   Link |  Bookmark | February 15, 2024 1:22:51 PM
JANA FINALLY @430 NACHO BC BETHO KYO HO HAHAHAHAHA
205. G profit |   Link |  Bookmark | February 15, 2024 6:28:02 AM
IPO Mentor IPO Mentor (1000+ Posts, 200+ Likes)
Wondering what had happened to the Gmp of this mainboard company which was 30% just before 10 days and now listed at discount . Gmp figures often are an illusion.
205.1. CA Dhiraj Ramchandani |   Link |  Bookmark | February 15, 2024 8:29:23 AM
IPO Guru IPO Guru (1000+ Posts, 600+ Likes)
Yes, that is right GMPs are most often illusion, and that is why PLEASE DO YOUR OWN RESEARCH is the key disclosure everywhere. GMPs are most of the times driven by people, who want to exit, this is proven already long back.
204. nick name |   Link |  Bookmark | February 14, 2024 10:08:03 PM
Any block deal done?
203. CA Dhiraj Ramchandani |   Link |  Bookmark | February 14, 2024 10:42:23 AM
IPO Guru IPO Guru (1000+ Posts, 600+ Likes)
First thing first, JSFB was never a strong candidate; we all knew that it is flowing in IPO euphoria right now. Even today, as market is correcting, this stock is falling down; if market was in good shape, it would have given a decent 12-15% return already.

I see some people now justifying their call of not applying or even finding themselves in better position of not getting an allotment on this. While, if this would have been entirely different situation (JSFB opening in positive note), these same people would have opposite reactions again.

Anyone still can think to enter into this now (based on their risk capability) for long term; it will give you good returns.

Disclosure: I am not having this stock, but may enter on more correction in stock or if market situation improves.
203.5. CA Dhiraj Ramchandani |   Link |  Bookmark | February 15, 2024 9:12:33 AM
IPO Guru IPO Guru (1000+ Posts, 600+ Likes)
Some more support from market, this stock will definitely go beyond its initial GMP in some sessions.
203.6. Dhiraj Ramchandani |   Link |  Bookmark | February 21, 2024 12:26:12 PM
IPO Guru IPO Guru (1000+ Posts, 600+ Likes)
Entered at 390 earlier and today exited at 475 in total, as I was not looking for long term. If anyone can hold, please hold it for long term, no target as it would create wealth in long term.

Thank you all!
202. Jay Vagheshwari Maa |   Link |  Bookmark | February 14, 2024 1:35:24 PM
Top Contributor Top Contributor (400+ Posts, 100+ Likes)
Jana SBF was safer bet as compared to Capital SFB. But Jana -11% and Capital -7% right now. Market is supreme.
202.3. Ashish Khater |   Link |  Bookmark | February 14, 2024 7:16:07 PM
IPO Mentor IPO Mentor (600+ Posts, 400+ Likes)
It means that Capital Small finance Bank will outperform Jana going ahead. Screen pe Jo dikh rha hai wohi sach hai Market me.....@Sanchit Jain @Jay Vagheshwari Maa
Jai Jinendra....Jai Shree Ram
202.4. IPOTraders |   Link |  Bookmark | February 14, 2024 7:21:15 PM
IPO Mentor IPO Mentor (700+ Posts, 300+ Likes)
Let the dust settle.
Then a clear picture will be seen after a week.
201. SSIHANI |   Link |  Bookmark | February 14, 2024 3:50:14 PM
It was expected that at least some gain we can see on listing day; however all the analysis , news, expectations, financial performance, book value v/s issue price; nothing has worked in favor of investors on listing.

In LIC also most of the investors got allotment and it took long to see the issue price; history repeated again.
Please comment expected time period when we can see issue price of Jana Bank.
201.1. Nothing New |   Link |  Bookmark | February 14, 2024 3:59:13 PM
Top Contributor Top Contributor (600+ Posts, 100+ Likes)
Check out the price action of India Shelter Finance.
201.2. Chhote Lal |   Link |  Bookmark | February 14, 2024 6:31:34 PM
Top Contributor Top Contributor (1900+ Posts, 900+ Likes)
@SSIHANI When market sentiments are bad, no other technical/financial analysis works. Banks and NBFCs as such are experiencing pressure for past few weeks. One may wait to observe the price action for next few sessions with stoploss.
Best Wishes 👍