Suryoday Small Finance Bank Ltd IPO Message Board (Page 8)

Not appearing suryoday in sbi asba.

Check after 10.🕙

11 am not showing in SBI. I dont think its because of conflict of interest (bank) :)
If anyone knows, throw some light.

Go for it High chances of allotment in retail category

Not getting Suryoday listed in SBI ASBA - IPO (equity). Anyone facing the same issue??

Dear Experts,
Suryoday
Craftsman,
Kalyan
in 3 ipo me se kon se 1 ipo me apply karna chahiye. Jisme listing gain mil sake.

🌅🌄suryoday🌇🌋

Kya me same demat account & same upi id se 3 lot ke liye apply kar sakta hu... Please batao bro

yes

I''ll go for all 6

thanks

@ G. Kumar ji. Are you allotted 3rd party ASBA in Mazagon dockyard ?
In mazagon , registrar was Alankit. Thanks

gmp of suryoday- 29-31rs on 2.00 pm

🌟IPO Update

🔸Easemy Trip IPO
GMP : 125-130Rs. Per Share
Date of Allotment: 17th March

🔸Anupam Rasayan IPO
Dates: 12-16 March 2021
GMP: 145-150Rs. Per Share

🔸Laxmi Organics IPO
Dates: 15-17 March 2021
GMP: 80-85Rs. Per Share

🔸Craftsman Automation IPO
Dates: 15-17 March 2021
GMP : NIL

🔸Kalyan Jewellers IPO
Dates: 18-20 March 2021
GMP : 5-7Rs. Per Share

🔸Nazara Tech IPO
Dates: 17-19 March 2021
GMP : 650-675Rs. Per Share

🔸Suryoday SFB :
Dates: 17-19 March 2021
GMP : 28-30Rs. Per share

GREAT SHARE, thank U, Aditya!

Hi,

Some points nobody seems to be talking about, which are Suryoday''s biggest strengths:

1. Capital adequacy - best by far amongst SFBs; so while they have a unsecured lending book (typical in microfinance, nothing unusual), it''s well provided for
2. Institutional backing - please see the Offer Documents if you want indication of existing backers - investors include International Finance Corporation (part of World Bank), Gaja Capital, HDFC, IDFC, Kotak Mahindra Life etc. All are pedigreed names
3. Lean operations - Despite having so many backers, they haven''t gone crazy spending money, in fact their cost-to-income is lowest for the SFB industry
4. Type of operations - loans to the underserved, loans to women, loans to financially excluded. This is a personal opinion, but I think their target audience is vast and needs a lot of banking services
5. Ratios - RoAA and RoAE are excellent, NIMs are great

Following up, some points that everyone seems to be talking about for all the wrong reasons:
1. Promoter pledge - The promoter pledged his shares because he was required to bring in capital to make the promoter holding 26% or greater as per RBI norms. Promoter pledge in and of itself is not some earth-shaking issue, but should be viewed in the correct context.
2. Big litigation against a director - That director is a nominee for one of the PE investors, they always have some or the other litigation against them from their other investee companies (e.g. See Mrs Bector''s RHP)
3. Pre-IPO placements lower than IPO price - Placement to promoters was due to a deal inked earlier. Placement to pre-IPO funds is at discount since they take a one-year lock-in.
4. NPAs - Their actual Gross NPAs are 0.8%. I repeat 0.8%. They have as a matter of abundant prudence, disclosed the "ifs and buts" event of Supreme Court judgment going against them. In that case, the entire banking system is going to take that hit, not just them.

Source for all this - broker meet and offer documents. Please always read the numbers in correct context. Happy investing!

कृपया एक्सपर्ट राय दें suryoday और craftsman IPO में से मै कोन से एक IPO में पैसा लगाऊं।

Suryoday me

Wait till last day 1.30pm. If Subscription Figures are good then take risk in Craftsman IPO

Gmp of suryoday finance is 28 - 30 rs

Gmp
30-35.
If it sustains till listing day then 10%-15% listing gains possible.

Helo @ Allued Investor bro,
skip this person
जब तक आप खुद परेशान न होना चाहे, तब तक आपको कोई परेशान नहीं कर सकता है। जब आप इसके कमेंट पे रियेक्ट/ प्रतिक्रिया ही नहीं करेंगे तो कहा तक ये आदमी आपको परेशान करेगा। आखिरकर दूसरे का टाइम ख़राब करने क लिए भी इनको टाइम चाहिए

You said correct thing bro.
Actually I avoid his replies but he''s not stopping bro. That''s why. If anybody is contributing to d forum in good way people like this always come up to destabilize.

I may skip this. Enjoy.

Mehta phatele ab bhi ek b reply mat kar samjha.
Nikal is forum se fatele.

I GOT THIS REPLIED FROM LINKINTIME REGISTRAR.
(FOR INFORMATION OTHER PERSONS ONLY)




Dear Investor,

 

Pursuant to SEBI circular (SEBI/HO/CFD/DIL2/CIR/P/2018/138) dated November 1, 2018, investor making application using any of the channels as specified in the above mentioned SEBI circular shall use only his / her own bank account or only his / her own bank account linked UPI ID to make an application in public issues. Applications made using third party bank account or using third party linked bank account UPI ID are liable for rejection.

https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=2147&type=IPO&idtype=1&status=L&IPONo=5235&startdt=09/21/2020


An investor, intending to subscribe to a public issue, can download the bid-cum-application form from BSE/NSE website and shall submit the same to any of the following entities:

 

There are 4 modes of  submission:

 

1. BANK ASBA: Investor may submit the bid-cum-application form, in person, with his ASBA banker (where he/she holds the saving account), at the designated branch as per list of SCSBs available on below link:https://www.sebi.gov.in/sebiweb/other/OtherAction.do?doRecognisedFpi=yes&intmId=34

 

2. ONLINE ASBA: Investor can use the online mode, if offered, using his trading account . Instruction to apply through this mode will be available with the respective DPs/Brokers/ Bank.  

 

3. SYNDICATE ASBA (UPI): Investors have to first create their unique UPI ID account by downloading UPI apps available in the App store (eg., BHIM app/ PhonePe etc.)Investor then has to submit the bid cum application form, to his broker and use his/her UPI ID for the purpose of blocking funds. Broker will bid his/her application on stock exchange terminal and investor will receive Mandate Request for authorization to block the funds in his UPI linked bank account.

 

*Note: Retails investor can use any of the above 3 modes of application. However, UPI Mechanism is not applicable for QIBs and Non Institutional Investors (any application over Rs.2 Lakhs).

 

4) SYNDICATE ASBA (Broker ASBA): QIBs / NIIs / Shareholders applying above  Rs. 2 Lakhs and Eligible Employees can apply thru their Broker who will bid the application and submit the bid-cum-application form to their respective Bank of the  Investor for blocking of funds.

 

Investor intending to subscribe to a public issue, can also download the bid-cum-application form from BSE/NSE website.

 

BSE:https://www.bseindia.com/markets/publicIssues/DisplayIPO.aspx?id=2276&type=IPO&idtype=1&status=F&IPONo=5366&startdt=03/15/2021

 

NSE: https://www.nseindiaipo.com/issueforms/html/index.jsp

 

Regards,

 

LINK INTIME INDIA PVT LTD

022-49186200 

Yes as per sebi Guidelines

Applications made using third party bank account or using third party linked bank account UPI ID are liable for rejection

Linkintime is following this, but other registrar like kfin is not following this,
So question is if these registrar are private and are they allowed to change these rules as per their own convenient ?
Why all registrar not allowing third party application or why not all rejecting third party applications?

Alankit also not allow third party applications...

Kfin and Bigshares still allowing as per recent allotment...

Also 11.5% shares are pledged.

@amit k Singh
It is not revenue but networth which is sum of equity plus free reserves level crossing Rs 500 crores on an audited date (as free reserves can be determined only post audit)

When Dulla Dullan and both parties are ready and market (muhurt) is also good then why to wait and hold marriage?

Else everyone knows what happened with equitas small finance bank, they did not come before march 2020, then market crashed they again missed Sept2020 deadline.

Equitas Small Finance Bank had already been penalized by RBI for missing its listing deadline in September 2020. The bank cannot open any more branches and its chief executive officer’s remuneration was frozen until they completed listing.

All are having their own concerns and conditions and here people are expecting that they should come with IPO when market is low? strange
do you buy when market is in boom? do you sell when market is already corrected? Think this first.

If company already completed all formalities then its company choice when to come and list in market, if you don’t like fundamentals you can skip.

I am not apply for this IPO.

Gmp of SSFB is 38 - 40 rs ...
Wait and watch for last day..after we decided for apply or not..
12 to 15 % listing gain possible..

Suryoday OFS

As part of the offer for sale, International Finance Corporation will sell 43,87,888 equity shares, Gaja Capital Fund II will offload 20,21,952 shares, DWM (International) Mauritius will sell 18,89,845 shares, and HDFC Holdings will offload 7.5 lakh shares.

Other shareholders participating in offer for sale are IDFC First Bank (to offload 15 lakh shares), Americorp Ventures (1 lakh shares), Kotak Mahindra Life Insurance Company (1,86,966 shares), and Gaja Capital India AIF Trust (1,06,419 equity shares).

Good evening to all.

As, 7 IPOs ( including Easy trip ) have approached within 10 days, I think it''s the only reason that Kalyan jewel , Craftsman Automation and Suryoday SFB are placed at bottom of every one''s priority list.( GMP has also some impact)
But,
If these IPOs would have been coming at one week interval, then all these could have been getting good response.
So, it''s sincere advice to keep Connoisseur Eye on all the IPOs.
Some Dark Horses may be hidden among them.

Good Night.

Aniket ji

Should we go for all ipo if there is no funding problem ??

all six from 20 demats

@Aniket, so those who have extra money, worth to apply in all, correct?