SBI Life Insurance Company Ltd IPO Message Board (Page 3)

Do not hurry to buy sbi life...wait for 11 P/B entry (640) or 50 PE (626) or 10 P/B588 !!!!

And i still not understand why people in strange that sbi life not performing compare to icici lombard!!

Simple ans : valuation

FY Q1 EpS........
.
Sbi life = 3.13
Icici lombard = 4.73......

Lombard likely to overtake on price also imo..!!

Anyone seeing range of both like this? ?

Sbi life 700, lombard 700
Sbi life 680, lombard 710
Sbi life 650,lombard 720

Ultimate

Life 588,lombard 860! !! (same valuations PB)
Life 562,lombard 846!!! (same valuation PE)


Offcourse this msg is not after today''s price movements.. Just telling valuation perspective! !

Refer this earlier msg,,,





18. gamble Sep 16, 2017 9:58:53 AM IST Reply
SBI Life Insurance Company Ltd IPO

....SBi life insurance.....

Premium CAgR : 20%
REVENUE : 20%
NET PROFIT : 11%

@700
...BASED on 2017 PE 73
.... BASED on 2018 Expected EPS :12-13
(Q1 EPS 3.12)
=> PE = 54-58

.....2019 PE 48
.....2020 PE 40 (20% growth given)

BV on 06,2017 58.79rs = P/Bv 12x

... ................... Sbi life........ Icici pru......Lombard*
.. ...
CAGR PAT...... ... 11%.............4%.......... 16%
PE(2018).............58...............35........ ...37
PB....................... 12...... ....... 9.5......... .7.6

* lombard is not peer but taken just for valuation comparison.

... So IMO lombard is best choice among all 3 looking at valuation.

......in rii category 19L + forms req so full subscription is not possible appwise under Rii.. Mean full allotment.

....... SBI LIFE GENERAL INSURANCE asking PE 73, Pb 12x based on only 11% CAgR...!!
.....grossly overpriced!!

RII to IPOs - '''' you ask for milk, we''''ll give you pudding,'''''''' but just go on ''''!!

.. ..imo Despite of good mkt share, strong brand name, healthy mkt conditions, future growth, growing business, at this price all Sizzles are priced in (even for 2018/19 also)

Fair value 45-50 PE for 2018 = 540- 600 Rs


..... ConcL. ....

Sell on kostak(now down but wait for some upwards 800-900 best sell), otherwise skip and buy(not mandatory) after a good correction. Or
Subscribe for 1.5-2 yrs.
Listing gain(2-4%) as per current gmp is possible but i m not seeing any!!.

Gamble bhai should i hold sbi life or sell it .

Why sell now,? EARLIER given sell on listing day itself, if want urgent money then sell, otherwise hold, keep ur view more than 6-8 months, avg in downsides (if possible)

Guys don''t u think war betwn. Korea Nd japan will affect the market....badly...

It will definitely affect the market badly, in case war broke out.

ofcourse u should hold .Because if u sell and invest in godrej ipo there is no guarantee that you will get allotment in that company.And by that time the stock price of sbi may rise and you will regret for it.

Veeshal: you should know that there is no benefit by trying to influence the members here as per your wish. The number of members on Chittorgarh is too less to make any significant impact. Also people here are smart. They know who to follow and who not.

Instead, you could get benefited by following the quality discussions that happen here.

Happy investing!

Hello everyone, i brought 2 lots of SBI Life IPO but shares are not showing in my zerodha trading account. Please suggest someone what to do next? Thanks.

Everyone is telling SBI Life is for long term investment, say for 2 years or more not for listing gains. Agreed. Then why one should apply in IPO @ 700 or now around @710 when you are likely to get it a lower price later? I am of the firm opinion that SBI Group has priced in their IPO the 2 years forward earnings and extracted it fully from the IPO investors without leaving anything for now. Investors please learn to avoid Over priced IPOs from greedy promoters and merchant Bankers. WE have recent examples of Overpriced IPOs like Quick Heal, L&T Twins, HPL Elec, Varun, CL Educate, S Chand, Tejas, Eric Life, SSI, Matrimony, etc. gave negative returns to IPO investors.

So end of day 1 SBI IPO earn 7.55 rs
Hope positive for tomorrow also

Please hold.Dont sell .

Very disappointment IPO now I sell 3 lot or hold for some days ?

Why are people disappointed??

In Pratap snacks people are saying 0/8.
Now in Sbi life it would be 8/8.
In spite of it being a large issue, listed at a positive to issue price.
Rs 735 against Rs 700 offer price.
One lot is 21 shares. For 8 lots it is 168 shares.
@Rs 35 per share, profit is Rs 168*35= Rs 5880.
Pratap may not give such returns on 1 slab allotment.

So relook at your strategy.

Let''s calculate for retail who only buy 1 lot. Not everyone is blessed like you to buy 8 lots and not everyone is expert like you to sell at high.

So suppose retail waited till 2.00 pm on expecting it to touch 750....At 2.00 pm price is 717. So 17 * 21= 357 after brokerage for sell order than around Rs.300 profit. Tell me forum is it worth after waiting for 10 days.

In icicidirect, brokerage is around 10% for selling. So it comes to around 150 Rs.
So profit is around 200 Rs only.

should i hold this shares...please suggest..

Guys gone so down....what to do now..??? So down movement

i got 2 lot . should i wait for 1-2 days or book profit.

Disappointing listing of SBI Life. No charm visible in short to medium term. Better sell and shift to other companies which can give faster return.

Pls guide got 03 lot in allotment of sbi life whether I sell it or hold

stock price of sbi is 722 because retail investors are happily selling at that price.why would institution pay more for the stock when retail investors sell for less.

stock prices usually rises when retail investors has a negative sentiment on that particular stock.

One can avoid fresh buying till price stabilizes. Discl: no holding

Got full allotment and i wish to hold for long term. Investor are selling in panic of upcoming other IPO''s. will sure jump in the coming days

Got 2/2 lots.
Sold at 734.5.
Made ~ 5% in less than a month. Not but.

NOT BAD.

institutions know that there aare 3 ipos in line.So the retail investors will sell their stocks to invest in that ipo.That is the main reason the stock price is not rising much.

usually insurance companies are profit making companies.