PNB Housing Finance Ltd IPO Message Board (Page 4)

It is soaring high and high
Nearing 1000 mark
Great going
Let''s hope for the best
Today ''s unbelievable rise
This is share market
Forget VBL

enjoy non stop upswing

972

964 now
Touched 986 Level

when big Fiis buy u just buy and relax it will give big gain short term medium term and long term.....

I am going to sell it at 400 :) ( after few years stock may split 10:1 )

pnp target pls

Sold with a profit of around 3500 at 921.. thanks pnb

I am also holding all the 3 lots allotted to me at least for 6 months., It will cross 1200 very soon.

Thnx eagleye for ur valuable advice. If u had not given positive reviews, i along with many others would have sold application in grey market.

870 Knowledge Share (32671)

i think ur memory is quite short....U already said to sell application @500/- to 550/- .....
be safe before others
Sooooooooooooooooooooooooooooo my dear KOWLEGABLE SHARER.................a person who had already sold all the applications @500/- then what is the benefit of 860/-.......880/-.......900/-.....920/- etc.etc..............
AND AND AND AND
....................NEVER EVER FEEL PROUD IN THIS MARKET.............BECAUSE SHER AAYA ....SHER AAYA .........KABHI NA KABHI SHER AA HI JATA HAI.........hahah

What a magic of eagleye..!!
very good work from ipo view, thanks a lots..
so all member wait your reguler post..
so padharo sa chittorgarh.com

General Atlantic bets $75 mn more on PNB Housing; mortgage lender up 15% on debut

Private equity firm General Atlantic, which last month came in as an anchor investor in PNB Housing Finance Ltd’s initial public offering, bet more money on the company on Monday as the mortgage lender made a strong stock market debut.

General Atlantic purchased shares worth Rs 501 crore ($75 million) in PNB Housing, according to stock-exchange data. This translates into a 3.38% stake in the lender. The PE firm had picked up shares worth $7 million when the lender sold shares to a bunch of anchor investors ahead of its IPO last month.

Singapore sovereign wealth fund GIC and Kuwait Investment Authority were also among the 45 anchor investors. PNB Housing had raised Rs 894.2 crore by selling shares to the anchor investors; it mobilised a total of Rs 3,000 crore through the IPO.

Meanwhile, PNB Housing’s shares listed at an 11.35% premium to their IPO price and then gained further. Shares of the company started trading at Rs 863 apiece on the BSE compared with the issue price of Rs 775. The shares rose as high as Rs 902.95 before ending at Rs 890.60 apiece, giving the company a market value of Rs 14,752 crore. The lender was seeking a valuation of as much as Rs 12,850 crore through the share sale.

The good start came after the initial share sale of PNB Housing was covered 29 times last month. Subscription was led by high-net-worth individuals and corporate investors, who bid for around 86 times the portion reserved for them. Institutional investors bid for around 37 times the shares reserved for them.

The mortgage lender joins a host of companies such as RBL Bank, diagnostics firm Thyrocare Technologies, auto parts maker Endurance Technologies and business services provider Quess Corp that have made strong debuts on the stock markets this year.

PNB Housing received regulatory approval for the IPO last month and increased the IPO size from the Rs 2,500 crore it had planned to raise in the draft red herring prospectus filed in July.

After the IPO, the stake held by state-run Punjab National Bank in the mortgage lender has rolled financial services firm Destimoney in its first major buyout in India.

The IPO was entirely a fresh sale of shares. The lender plans to use the proceeds from the share sale mainly to augment its capital base and for general corporate purposes. It plans to grow its business and loan portfolio by consolidating its market share and expanding into specific target markets such as the affordable housing segment.

Thanks for the information septa ji

Septaji, What To Do , Still Hold PNB HOUSING OR NOW TO BOOK PROFIT ??
I AM HOLDING 3 LOTS.

Result on 15th

Can any one tell me what i shall do ? I am newbie in IPO market,

I had applied for PNB IPO 1 lot from SBI net banking on 26/10/2016.
Got success response from SBI with application ID 002E603180006437.
Money was hold as per expectations for a single lot 14725.

On the day of allotment i had come to know that there was a fault from BANK side, Couldn''t see my application status on Link in time. Got my money back but don''t know what happen.

Nither allotted nor application was rejected !

To confirmed i have double checked bid info but everything looks fine e.g PAN, DP ID.

What shall i do ? Is there any suggestion for me to avoid such situations ? Anyone has faced this kind of problem in past ?

hi i got 8 app of pnbhousing. i sold all app in Rs 894

Congratulations to all subscribers of PNBHF and those who booked profit too.
But greatest thanks to EAGLEEYE and SEPTA.
They are the lighthouse of our stock market.

Thanks Eagleeye.....

Thanks EAGLE EYE..............

Cheers for PNBHSG...

Next update Results on 15th Nov....Hope results are robust.... Major Jump in PAT due to some portfolio deal......

So for me its a hold till 15th.....can touch 1050 level by then

Keeping my fingers cross for US election....

kaha gaye wo log..... listing discount me krne wale

woh log IPO Expert hai

bhai unke liye to angoor khatten hain ..................