Spandana Sphoorty Financial Ltd IPO Message Board (Page 5)

51. Baskaran | Link | Bookmark | August 6, 2019 6:55:28 PM

Can i buy this IPO. suggestion please.

50. Analyst. Ipo | Link | Bookmark | August 6, 2019 6:39:45 PM

This Ipo is clear avoid from my end.. Currently cost of capital is quite high for all nbfcs due to liquidity crunch.. Current loan Portfolio size is just 4500cr and asking for valuation of 5400cr..i do not understand magic for this valuation.. I see only for Bandhan bank where mcap is higher than their loan portfolio.. For that it was banking license and low cost money was on table so obviously high growth can be expected. Here I do not see that... Also net NPA 0.01% which I think is best for any company so in future it would be >0.01 only.. No scope of improvement in that area..clear avoid for this Ipo.

49. Nair | Link | Bookmark | August 6, 2019 6:25:38 PM

Very low subscription

48. ~~Devenblt~~ | Link | Bookmark | August 6, 2019 4:14:14 PM

Premium kya hai

47. ROMIL | Link | Bookmark | August 6, 2019 4:13:30 PM

wait for last day and apply as company is coming in under high valuation

46. Red hips | Link | Bookmark | August 6, 2019 3:51:36 PM

Affle waale paise unblock kare to isme lagaye...

45. Nair | Link | Bookmark | August 6, 2019 9:21:31 AM

Very negligible subscription though company is having very good fundamentals

45.1. VINOD NAIR | Link | Bookmark | August 6, 2019 3:18:15 PM

Can we expect a good gain

44. BengalIPO | Link | Bookmark | August 5, 2019 5:52:36 PM

Retail subscription @ 0.01x. Are all the retail investors busy watching news headlines Today? :D

44.1. amit K singh | Link | Bookmark | August 6, 2019 2:02:09 PM

IPO Guru (1000+ Posts, 1600+ Likes)

Still no movement on either retail or hni or fii or dii oversubscription... The ipo seems to be clear avoid..

43. Kick | Link | Bookmark | August 6, 2019 11:15:40 AM

I will apply in secondary market where it will be defiantly available at lower price than IPO price based n current market scenario...

42. Cautious ipo | Link | Bookmark | August 5, 2019 7:05:08 PM

IPO Guru (1900+ Posts, 1100+ Likes)

This space now overcrowded, no charm left in this sector, may be bought after lackluster listing ...

41. ROMIL | Link | Bookmark | August 5, 2019 5:03:14 PM

wait for last day subscription and apply i

40. Aniketiaf | Link | Bookmark | August 5, 2019 3:33:55 PM

IPO Guru (1800+ Posts, 10200+ Likes)

GMP of SSFL is 5-7.

39. hbk | Link | Bookmark | August 5, 2019 12:03:22 PM

Top Contributor (300+ Posts, 100+ Likes)

Hardly any bids in first two hours (approx. 11-12k shares only). Unlike other IPOs, where retail just jump in as soon as IPO opens.

38. AbhishekT | Link | Bookmark | August 5, 2019 11:21:44 AM

Should I Apply Or Avoid ?

38.1. Raja Ganesh | Link | Bookmark | August 5, 2019 11:40:34 AM

Check the subscription figure on the last day of the issue @ 2 PM. If the QIB is > 10 times and NII/HNI is > 20 times, then u can go ahead without even considering about all other factors for listing gain.

37. Eagleye | Link | Bookmark | August 4, 2019 2:38:28 PM

IPO Guru (6600+ Posts, 21900+ Likes)

Spandana Sphoorty IPO
GMP 5 +/- 1

37.1. amit K singh | Link | Bookmark | August 4, 2019 2:43:13 PM

IPO Guru (1000+ Posts, 1600+ Likes)

Gmp seems to be too low, so ipo is not to be applied?

37.2. Manoj patel IPO KING | Link | Bookmark | August 5, 2019 8:27:40 AM

Apply for listing gain..Plz share your view..

36. Anarchist | Link | Bookmark | August 4, 2019 7:38:04 PM (500+ Posts, 1400+ Likes)

Interest rate cut makes no difference to small finance cos. (that cater only to individual borrowers) with good capital adequacy ratios.

But they do exceedingly well during a rate hike cycle. So in most scenarios the price may remain protected.