Eagleye Ji, seems you were better off had you were a financial degree holder than the one you have currently. Because I do feel that, the passion lies where people do good jobs but yet thinking TPs!!
1292. Eagleye| Link| Bookmark|
June 3, 2016 10:17:07 AM
IPO Guru (6600+ Posts, 21900+ Likes)
WOW
Ujjivan IPO was underpriced vis-a-vis Equitas IPO ... now the gap has been filled...
1) Ujjivan has a debt-equity ratio of 4.5X ... whereas Equitas is 2.5X .. giving Equitas more leeway for growth in the future
2) Ujjivan is only in Microfinance ... whereas Equitas has more more diverse business .. i.e. of vehicle finance, gold loans, MSME funding ... this will help is scale up its banking operations faster than Ujjivan
... hereon Equitas will be a better performer than Ujjivan over the next 12-24 months
At current prices Ujjivan is 2.85X NAV .. and Equitas is 3X NAV ... has a long way to go to catch up with SKS
All post office branches to be converting into payment banks within 1 years : govt Recently few corporate had surrendered their license of payment bank
Dear Frens, Septaji,Eagle eyeji, khemkaji and other guruju, here i m puting interesting quiz. Frens you have to tell me the company name ** IPO in 2007, at around 400 per share, not fully subscribed in RII/Employee quota, which is currently trading @ 14,000 appx (yes 14k).. Any guess.. Ye andar ki vaat hai.. Indian stock market is really beautiful..
that is easy page industry BTW i had already mention this on this forum earlier how this issue was not that liked by HNI and QIB price kept dropping after listing then just kept going up and away.
btw 2007 was a busy year many company went public especially infra power construction all gave good return however price now is below it issue price in most cases
On the flipside, there was a company called A2Z Engineering which came at a hefty offer price of 400/- and current market price is 25/-. This had the backing of big bull Rakesh Jhunjunwala who offloaded his part stake in this company (still has shares of this company). Yes, it is a beautiful market with Ups and Downs. Investors should have 90% patience and 10% luck too.