IPO Grey Market Premium (March, 2018 Messages)

IPO Grey Market is the over-the-counter market where deals are done in-person only among the trusted group of investors. The deals are usually facilitated by the broker in neighborhood. In this market, an investor could sell IPO share or IPO application before the company gets listed on the stock exchange.

IPO Grey Market Premium (IPO GMP) is the premium at which the IPO shares are traded in the grey market. Kostak Rate is the rate at which you can sell the IPO application for a fixed price irrespective to you get IPO allotment or not.

Note: The messages express the views of the author of the message. We do not actively monitor the contents of posted messages on this forum. We are not responsible for the contents of any messages posted. Do not vouch for or warrant the accuracy, completeness or usefulness of any message.

This page shows the archived IPO Grey Market Messages received in March, 2018

Current IPO Grey Market Premium in India  Grey Market FAQs


IPO Grey Market Discussion

March, 2018 Messages

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KULDEEP JOSHI
81. KULDEEP JOSHI  Mar 31, 2018 11:31 I Like It. | Report Abuse
Sandhar 28/30
Nakp
81.1. Nakp  Mar 31, 2018 19:39 I Like It. | Report Abuse
Now sandbar g/p is 3 only
IPO GRUP
80. IPO GRUP  Mar 27, 2018 23:26 I Like It. | Report Abuse
Sandhar 28/30
Karda 15/17
Azu bhai
80.3. Azu bhai  Mar 31, 2018 10:42 I Like It. | Report Abuse
Sell sundhar 370 Grey Market primum 30 35
D S patel
80.4. D S patel  Mar 31, 2018 12:09 I Like It. | Report Abuse
50 to 55 in ahmedabad gmp off sandhar tecno at monday powerfull listing handsome profit everybody
Pranav savjiyani
79. Pranav savjiyani  Mar 30, 2018 22:34 I Like It. | Report Abuse
Karda latest gmp
Daac
78. Daac  Mar 30, 2018 20:28 I Like It. | Report Abuse
How to sell/purchase @gmp any allocation whose allotment has been made to me?
Vadher meera
77. Vadher meera  Mar 29, 2018 17:42 I Like It. | Report Abuse
Any upcoming IPO??
D S patel
77.1. D S patel  Mar 30, 2018 17:13 I Like It. | Report Abuse
HDFC Assets menegment come in april
NAYANKUMAR
76. NAYANKUMAR  Mar 30, 2018 12:08 I Like It. | Report Abuse
Hello Eagle Eye ji,

As per your guidance I apply in Bandhan Bank and book Very Good Profit.......

Kindly share your post regularly about upcoming IPO's and ignore somebody who talk roughly about your posts......

Thanks

KULDEEP JOSHI
75. KULDEEP JOSHI  Mar 29, 2018 13:31 I Like It. | Report Abuse
KARDA 15/15
Karda ka gmp Kya he latest
RT
74. RT  Mar 28, 2018 12:02 I Like It. | Report Abuse
????????????
For Eagleye.
As per her recommendation, I applied for Bandhan Bank & earned handsome profit.
D S patel
74.1. D S patel  Mar 29, 2018 12:30 I Like It. | Report Abuse
Any ipo in pipeline in April???? I allowed 45 share sanskar tecno what's premium????
IPO GRUP
73. IPO GRUP  Mar 27, 2018 23:26 I Like It. | Report Abuse
Sandhar 28/30
Karda 15/17
IPO GRUP
72. IPO GRUP  Mar 27, 2018 23:19 I Like It. | Report Abuse
KARDA GMP IS 15/17 OR PLUSH MINUSE ,????????????
Uchit Patel
71. Uchit Patel  Mar 27, 2018 08:12 I Like It. | Report Abuse
ICICI IPO:

I am not understanding why many investors are blaming ICICI group for less subscription. Most of the investors don't know ICICI group. Group's first IPO was launched in 1991-92. Most of the people don't know how much wealth this group has created for their investors. Last two IPO Prudential and Lombard also not bad. Investors still makes money in both IPOs.

This group is very good in giving returns for example dividend distributions. Though there are some problems in group because now ICICI is very big group. When group becomes big some problems are always come. But ICICI is far better in this condition. Stay invested in ICICI and go long. Don't look at short term. Company has very good relationship between investors. This is the main reason this company grown from normal credit union - nbfc to bank and all other financial product selling company.
P Badala
71.1. P Badala  Mar 27, 2018 13:25 I Like It. | Report Abuse
What ever you think and mentioned in your post may be 100%correct but fact remains that market and invester do not consider so.It is merchant bankers should understand that on the name and past performance you can demand what ever you fil like.Every thing has reasonable price .Gone are days invester will buy each any thing at any price. I congrates invester that they refused to be looted by combined of greedy merchant banker and promoter.
ipobull
71.2. ipobull  Mar 27, 2018 22:07 I Like It. | Report Abuse
Why are you writing so much in favor of ICICI Bank ? Just apply logic. I-Sec's valuations were extremely high. A simple comparison with Edelweiss shall land you at the right place.
For e.g. ICICI Bank share price shall take ages to cross Rs. 350 mark, though services offered by the bank are excellent & it is a very technically advanced bank. The problem is greed and it always tries to gain and leaves nothing on the table to the investors.
D S patel
70. D S patel  Mar 27, 2018 21:00 I Like It. | Report Abuse
What premium sandhar techno

Rajendra s
70.1. Rajendra s  Mar 27, 2018 21:48 I Like It. | Report Abuse
-Sandhar tech 24-26
D S patel
69. D S patel  Mar 27, 2018 20:58 I Like It. | Report Abuse
What premium sandhar techno

Chintan gohil
68. Chintan gohil  Mar 27, 2018 14:06 I Like It. | Report Abuse
When to expect listing of sandhar technologies?
Knowledge Share
68.1. Knowledge Share  Mar 27, 2018 15:49 I Like It. | Report Abuse
On Monday
RKH
67. RKH  Mar 27, 2018 10:24 I Like It. | Report Abuse
Bandhan- I soled at 467.15
Eagleye
66. Eagleye  Mar 26, 2018 21:08 I Like It. | Report Abuse
Bandhan IPO

GMP Rs 49 +/- 0.50
Eagleye
65. Eagleye  Mar 26, 2018 21:02 I Like It. | Report Abuse
THE MOST RELIABLE
List of Main board IPOs IN THE PIPELINE (Status as on 23rd March 2018)


A) DRHP Filed - SEBI Approval *Awaited*:

1) HDFC AMC >>> DRHP date 14-Mar-18
2) Nekkanti Sea Foods >>> DRHP date 12-Mar-18
3) Devi Seafoods >>> DRHP date 05-Mar-18
4) TCNS Clothing Co. >>> DRHP date 26-Feb-18
5) Sandhya Marines >>> DRHP date 24-Feb-18
6) SembCorp Energy India >>> DRHP date 22-Feb-18
7) John Energy >>> DRHP date 15-Feb-18
8) Flemingo Travel Retail >>> DRHP date 15-Feb-18
9) IndoStar Capital Finance >>> DRHP date 09-Feb-18
10) Fine Organic Industries >>> DRHP date 07-Feb-18
11) Capricorn Food Products India >>> DRHP date 06-Feb-18
12) Nazara Technologies >>> DRHP date 31-Jan-18
13) CreditAccess Grameen >>> DRHP date 24-Jan-18
14) Route Mobile >>> DRHP date 22-Jan-18
15) Vishwaraj Sugar Industries >>> DRHP date 20-Dec-17
16) Srei Equipment Finance >>> DRHP date 28-Nov-17


B) SEBI Approval *Received* *(within the past 5 months)*:

1) Krishna Institute of Medical Sciences >>> SEBI Approval 07-Mar-18
2) Patel Infrastructure >>> SEBI Approval 05-Mar-18
3) RITES >>> SEBI Approval 20-Feb-18
4) Indian Renewable Energy Development Agency >>> SEBI Approval 16-Feb-18
5) Mishra Dhatu Nigam >>> SEBI Approval 15-Feb-18
6) ICICI Securities >>> SEBI Approval 02-Feb-18
7) Barbeque-Nation Hospitality >>> SEBI Approval 05-Jan-18
8) Lemon Tree Hotels >>> SEBI Approval 22-Dec-17
9) Acme Solar Holdings >>> SEBI Approval 15-Dec-17
10) CMS Info Systems >>> SEBI Approval 30-Nov-17
11) Reliance General Ins. Co. >>> SEBI Approval 29-Nov-17
12) Seven Islands Shipping >>> SEBI Approval 10-Nov-17
13) Prince Pipes and Fittings >>> SEBI Approval 03-Nov-17
14) Gandhar Oil Refinery (India) >>> SEBI Approval 26-Oct-17
Shah Chintan
64. Shah Chintan  Mar 26, 2018 19:07 I Like It. | Report Abuse
Mr Ghosh )- MD and founder of Bandhan Bank, has donated his entire holding in Bandhan Bank to charitable trust and employee trust- tmrw that holding would worth over 30000 crore ! This bank has all ingredients to become one of the best Banks of India. I wish him good luck!
Knowledge Share
63. Knowledge Share  Mar 26, 2018 18:44 I Like It. | Report Abuse
Gmp of BB as per temperature in their cities.

Jaipur hot city so 44
Mumbai less hot so 35
Rajkot medium so 41
Ahemedabad light so 39
ATUL ATUL
62. ATUL ATUL  Mar 26, 2018 17:33 I Like It. | Report Abuse
Bandhan bank will be list at 54 premium
Top New for ipo
61. Top New for ipo  Mar 26, 2018 16:33 I Like It. | Report Abuse
BANDHAN BANK 46/48
Raj agwl
60. Raj agwl  Mar 26, 2018 16:08 I Like It. | Report Abuse
Latest gmp of karda?
IPO BABA
59. IPO BABA  Mar 26, 2018 10:53 I Like It. | Report Abuse
GMP of Bandhan Bank???
asif
59.2. asif  Mar 26, 2018 13:02 I Like It. | Report Abuse
34
asif
59.3. asif  Mar 26, 2018 13:02 I Like It. | Report Abuse
34
Ketanppatel
58. Ketanppatel  Mar 20, 2018 23:26 I Like It. | Report Abuse
Dynamic cable kesa he 44 pe aa gaya he abhi kharidna chahiye ya nahi
Knowledge Share
58.1. Knowledge Share  Mar 25, 2018 19:23 I Like It. | Report Abuse
All major sme issue in losses inspite of oversubscribed. This is magic of promoters like politicians who give false promises and they loot retail investors.
J Doshi
57. J Doshi  Mar 22, 2018 22:23 I Like It. | Report Abuse
GMP of icici???
Knowledge Share
57.1. Knowledge Share  Mar 25, 2018 09:56 I Like It. | Report Abuse
No buyer

Only seller

Market fall

Investor on vacation

Will comeback when nifty 11000
ipobull
57.2. ipobull  Apr 1, 2018 19:48 I Like It. | Report Abuse
It shall list at discount
GOOD LUCK
56. GOOD LUCK  Mar 24, 2018 22:01 I Like It. | Report Abuse
40/-
Knowledge Share
56.3. Knowledge Share  Mar 25, 2018 08:04 I Like It. | Report Abuse
Is it self determine price or traded only 1 share at 40???

Be realistic in Gmp. Available at 20 in Ahemedabad and Rajkot.
Pranav savjiyani
56.4. Pranav savjiyani  Mar 25, 2018 08:05 I Like It. | Report Abuse
Karda ka Kya hoga
JAIPUR
55. JAIPUR  Mar 23, 2018 19:28 I Like It. | Report Abuse
Bandhan Bank@36-38 Jaipur
RKH
55.1. RKH  Mar 23, 2018 22:30 I Like It. | Report Abuse
Trading will start when
DHANESH GUPTA
55.2. DHANESH GUPTA  Mar 24, 2018 20:47 I Like It. | Report Abuse
can i contact u
Sid shah
54. Sid shah  Mar 24, 2018 17:40 I Like It. | Report Abuse
Any body know about bandhan bank listing date & premium?
Knowledge Share
54.1. Knowledge Share  Mar 24, 2018 18:35 I Like It. | Report Abuse
Listing on Tuesday
JAIPUR
54.2. JAIPUR  Mar 24, 2018 18:43 I Like It. | Report Abuse
31-33 in Jaipur Rajasthan
Knowledge Share
53. Knowledge Share  Mar 24, 2018 11:32 I Like It. | Report Abuse
Everybody ready desperately to sell Bandhan Bank on listing before it become lifetime Bandhan with your Demat account. ????????????????
Knowledge Share
52. Knowledge Share  Mar 24, 2018 05:40 I Like It. | Report Abuse
All SIP investor for last two years are on no profit or loss. Soon it will go in loss

And may stop SIP.

Stopping of SIP will make market go down further. Then retail investor will sell MF portfolio and this will make market go further.

So who first exit from stock will laugh at the end.
Knowledge Share
51. Knowledge Share  Mar 24, 2018 05:35 I Like It. | Report Abuse
On listing of IPO and mutual fund NFO

Many retail investor will become mad or unconscious due to loss suffered.

Exiting IPO will go below issue price soon.

Now what to do
Don't listen to TV channel lot stock broker because they are in business to earn revenue from you. Study on your own and decide

Sell IPO in grey market.

Best advice take care of elders and stay with family. Go once in movie with family
GOOD LUCK
50. GOOD LUCK  Mar 23, 2018 19:10 I Like It. | Report Abuse
bandhan bank 34-36
RKH
49. RKH  Mar 23, 2018 13:09 I Like It. | Report Abuse
Bandhan allotment done...I received in Retail @ ratio 1/5.3 against application of 520 shares
J Doshi
48. J Doshi  Mar 22, 2018 22:23 I Like It. | Report Abuse
GMP of icici???
A Mehta
47. A Mehta  Mar 21, 2018 20:15 I Like It. | Report Abuse
When will Bharat Dynamics start trading and what is the current premiun?
Patel jatin
47.1. Patel jatin  Mar 22, 2018 00:13 I Like It. | Report Abuse
Bharat dynamic to be list on Friday and it should be open in discount.
Pandyapravin
47.2. Pandyapravin  Mar 22, 2018 09:17 I Like It. | Report Abuse
Dynemic what expectation?.now onward which ipo best?
Annonyamas
46. Annonyamas  Mar 20, 2018 12:21 I Like It. | Report Abuse
I have metropolitan stock exchange share
Anyone interested pls contact me
Uchit Patel
46.5. Uchit Patel  Mar 21, 2018 16:51 I Like It. | Report Abuse
BSE is going down day by day. It is now below issue price. MCX is also not giving returns. Stay away from Stock Exchanges or Commodity Exchanges.
only ipo ipo
46.6. only ipo ipo  Mar 21, 2018 18:30 I Like It. | Report Abuse
i have also 10000 shares of metropolitan stock exchange only interested buyer can call me at 9three3four3eight8three6five
dpcdsl
45. dpcdsl  Mar 21, 2018 17:00 I Like It. | Report Abuse
It is interesting to note.

I have applied in various IPOs through HDFC Bank on closing day around 4:50 PM, but today, Sandhara and Karda removed while 3 SME IPOs (Yasho, Mittal and Giriraj) still available for application. Wow!

Uchit Patel
44. Uchit Patel  Mar 21, 2018 11:18 I Like It. | Report Abuse
Mishra Dhatu IPO:

Apply for long term. Offer price is reasonable. It is not overpriced. I am applying this.
kothari daksh
43. kothari daksh  Mar 21, 2018 10:41 I Like It. | Report Abuse
What is the GMP of Mishra Dhantu nigam ltd. ipo
KSN MURTHY
42. KSN MURTHY  Mar 20, 2018 14:19 I Like It. | Report Abuse
Just now I unsubscribed from HAL IPO.
pjain
42.1. pjain  Mar 20, 2018 16:25 I Like It. | Report Abuse
Please guide me to withdraw HAL application
KSN MURTHY
42.2. KSN MURTHY  Mar 20, 2018 18:02 I Like It. | Report Abuse
You cannot withdraw now. Time is over.
JAYESH M
41. JAYESH M  Mar 20, 2018 15:28 I Like It. | Report Abuse
latest gmp of bandhan bank
RKH
40. RKH  Mar 20, 2018 09:59 I Like It. | Report Abuse
Whats GMP of Sandhar today?
Eagleye
39. Eagleye  Mar 13, 2018 16:41 I Like It. | Report Abuse
Latest GMP:

BDL 3/5
BANDHAN 28/29
HAL 2/3
KARDA 19/21
SANDHAR 22/24
Pranav savjiyani
39.11. Pranav savjiyani  Mar 25, 2018 08:06 I Like It. | Report Abuse
Karda ka gmp Kya he latest
Knowledge Share
39.12. Knowledge Share  Mar 25, 2018 09:09 I Like It. | Report Abuse
Price of BB as per change in temperature

Everybody wants to come out of huge losses

So selling BB on listing.
Kaybee
38. Kaybee  Mar 19, 2018 19:53 I Like It. | Report Abuse
The way market is going, all sarkari IPO''S like Bharat Dynamics and HAL will open at discount
kingsuper
37. kingsuper  Mar 19, 2018 01:02 I Like It. | Report Abuse
BANDHAN GMP 22_23
Uchit Patel
36. Uchit Patel  Mar 18, 2018 23:27 I Like It. | Report Abuse
Lemon Tree-

It''s very hard to make money from hotel, hospital, aviation Industry. This is simple rule of stock market. No need to study anything, clearly avoid.
Azu bhai
35. Azu bhai  Mar 18, 2018 15:51 I Like It. | Report Abuse
Badhan Grey Market primum 15-16
sanjay vora
34. sanjay vora  Mar 17, 2018 17:41 I Like It. | Report Abuse
bandhanbank ipo nu gmp ketlu che
Azu bhai
34.1. Azu bhai  Mar 18, 2018 15:50 I Like It. | Report Abuse
15-16
BARATH
33. BARATH  Mar 16, 2018 20:43 I Like It. | Report Abuse
Listing gain purpose konsa IPO apply kre btaye
Knowledge Share
33.1. Knowledge Share  Mar 17, 2018 11:58 I Like It. | Report Abuse
Risky ipo. So study on your own. Don''t argue why if listed at below issue price
A Mehta
32. A Mehta  Mar 16, 2018 13:46 I Like It. | Report Abuse
What is the GMP on Bharat Dynamics and how do I trade in it now that the IPO has closed
Jaymin bhatt
32.1. Jaymin bhatt  Mar 16, 2018 15:18 I Like It. | Report Abuse
bhandhan 16-17 " Khel khatam paisa hazam "
Uchit Patel
31. Uchit Patel  Mar 15, 2018 19:37 I Like It. | Report Abuse
HAL IPO:
- Good order book
- Good profit ratio
- Monopoly in business
- Good cash
- Will be good dividend player

Conclusion:
Don''''t think anything. Apply for long term.
I am applying this IPO.
A Mehta
31.1. A Mehta  Mar 16, 2018 13:45 I Like It. | Report Abuse
How can I trade in Bharat Dynamics now that the IPO has closed? and get the premium paid
YUG SHAH
30. YUG SHAH  Mar 16, 2018 10:58 I Like It. | Report Abuse
ANY GMP FOR BANDHAN
Montu Tailor
30.1. Montu Tailor  Mar 16, 2018 12:40 I Like It. | Report Abuse
18-20 Ahmadabad. form 500-550
Uchit Patel
29. Uchit Patel  Mar 15, 2018 19:36 I Like It. | Report Abuse
ICICI Securities IPO:
This time ICICI comes with reasonable price. Last time in ICICI Prudential it was overpriced and was listed in discount. ICICI Lombard was also not good on listing.

This time company comes with good price. There is some room available for listing gain. But market sentiments are not favorable.

If we see on parent ICICI, management it is OK but not expert like HDFC. Many analysts now considers ICICI in PSU Banks category.
- Growth in top line and bottom line
- Good branch networks
- Good customer base
- Main revenue coming from brokerages, consultancy fees for investment banking etc. Chances of loss is very less

Conclusion:
I suggest apply for short to long term. On listing something is available as listing gain in spite of bad market condition.
Top New for ipo
28. Top New for ipo  Mar 14, 2018 13:13 I Like It. | Report Abuse
BANDHAN BANK IPO 24/26
Nishant Upadhyay
28.1. Nishant Upadhyay  Mar 15, 2018 16:17 I Like It. | Report Abuse
what does it mean .... 24/26.. i mean it is in rs or else ???
nsh
27. nsh  Mar 15, 2018 12:37 I Like It. | Report Abuse
pls update sme ipo''spremium eagleeye ji
Uchit Patel
26. Uchit Patel  Mar 15, 2018 12:04 I Like It. | Report Abuse
Bandhan Bank IPO:

Anchor investors list looks OK. It is good but not excellent. Many big international and national plays are investing. I am applying this ipo with long term.
Anil vanparia
25. Anil vanparia  Mar 14, 2018 13:54 I Like It. | Report Abuse
well come after long time.,...egleye...ji
plz... keep contact regulary....
Eagleye
24. Eagleye  Mar 13, 2018 16:42 I Like It. | Report Abuse
IPO: Bandhan Bank Limited - Subscribe

Issue Opens: 15-Mar-18, Issue Closes: 19-Mar-18, Price Band: Rs370-375

Unique value prop - MFI within a Bank

Bandhan Bank, one of the two recipients of a universal bank license in 2014, uniquely blends microfinance operations with conventional banking. Post launching banking ops with a large branch footprint in August 2015, Bandhan Bank made enviable progress in scaling-up its liability franchise. Not only are advances being largely funded by deposits, the share of CASA and retail term deposits form the majority of liabilities. It''s pertinent to note that this magnitude of success is rare among banks. On the asset side, Bandhan Bank has furthered its MFI focus while gradually launching few retail and small enterprise products. It has strong presence in underbanked and underpenetrated markets of India, particularly in Eastern and North-Eastern regions.

Highly scalable and profitable model; we recommend Subscribe

The bank has achieved high scalability and execution strength on both sides of the balance sheet. As of December 31, 2017, Bandhan Bank’s deposits and gross advances (including IBPC/assignment) stood at Rs253bn and Rs244bn respectively. It has grown from Rs121bn and Rs156bn respectively as at FY16 end. Despite substantial investments for setting-up banking operations and expanding distribution network, Bandhan Bank has managed its cost metric admirably. Cost ratios are one of the lowest in the banking industry. It has been made possible by continued emphasis on a low-cost hub and spoke distribution model. The success in raising low-cost deposits and addition of fee streams spells competitive edge in micro lending segment while strengthening NIM. Being a bank, Bandhan Bank was able to ride the recent MFI crisis smoothly unlike NBFC-MFIs. So in the current form, it is a robust and resilient micro loan financier with great growth prospects. The bank would likely be able to sustain RoA and RoE near the 4% and 25% mark respectively.

We believe long term investors would find post-money valuation at 4.8x P/BV reasonably attractive.

A comparable benchmark for valuation would be the recent IndusInd Bank-Bharat Fin transaction wherein the former valued the latter at ~5.2x FY18 P/BV
SAJAL SHETH
24.1. SAJAL SHETH  Mar 14, 2018 11:49 I Like It. | Report Abuse
Thanks @Eagleye (9583) Madam
Vadher meera
23. Vadher meera  Mar 12, 2018 17:03 I Like It. | Report Abuse
What to do with aster..... Experts pls give your valuable suggestions
guptahitz
23.1. guptahitz  Mar 13, 2018 17:14 I Like It. | Report Abuse
OLX pe bech de
Knowledge Share
23.2. Knowledge Share  Mar 13, 2018 21:24 I Like It. | Report Abuse
Here nobody will reply to old iPo after listing. Pl contact your advisor for stock or financial advisor
RAJESH VARTAK
22. RAJESH VARTAK  Mar 13, 2018 16:37 I Like It. | Report Abuse
Listing date of Sarveshwar Food
Uchit Patel
21. Uchit Patel  Mar 8, 2018 11:05 I Like It. | Report Abuse
-      BHARAT DYNAMICS (BDL) IPO

GOI owned defense sector company. Company is the sole manufacturer in India for SAMs, torpedoes and ATGMs. Company is also the sole supplier of SAMs and ATGMs to the Indian armed forces.

-      Defense Sector outlook
Foreign direct investment rate is increased in defense sector.
‘Make in India’ initiative has been streamlined to boost investor confidence.
Overall sector is good for investment.


Objectives of the issue:
-      To carry out disinvestment
-      To achieve the befits of the listing
Company is not getting anything by this ipo. Existing owner (GOI) is selling shares.
-      Financials
BDL has posted revenue/net profits of Rs. 3253.23 cr. / Rs. 443.55 cr. (FY15), Rs. 4601.38 cr. / Rs. 562.07 cr. (FY16) and Rs. 5198.07 cr. / Rs. 490.32 cr. (FY17). Despite higher revenue, it has posted lower net for FY17 and first half of 2018 because of decrease in other income as due to buy backs in last 4 years. Its cash surplus reduced because of buy back affecting interest income. For the first half of the current fiscal ended on 30.09.17, it has earned net profit of Rs. 172.59 cr. on a revenue of Rs. 2190.25 cr. For last three fiscals, it has posted an average EPS of Rs. 19.40 and an average RoNW of 25.67%. Issue is priced at a P/BV of 4.81 based on its NAV of Rs. 88.96 as on September, 2017 . Asking P/E is around 23 - 24. Company’s current order book as of January 31, 2018 is Rs. 10543 crores.
It has no direct listed peers to compare with in India. In India BEL, Cochin Shipyard, L&T, M&M, Tata Power, Reliance Defense etc. are working on defense projects but their main revenue comes from another sector.
If we compare BDL to some exact peers in United States – Lockheed Martin P/E 25, Rockwell Collins P/E 27, Northrop Grumman P/E 26, Raytheon P/E 28.
BDL is asking same as international peers. Looks like it is fully priced.

Conclusion:
First complete defense sector company is going to list. Good order book. Monopoly in some sector, no competition. Good player and get full benefits of ‘Make in India’ initiative. Almost zero debt. Dividend payout will be good. Good employee workforce (25% are engineers) like Engineers India, NBCC.
IPO is not overpriced it is fully priced. Chances are more it will give good return in long term. At present market condition is not favorable so listing gain will be less. But minimum 10 to 15% listing gain is there on listing day. It will oversubscribe in all categories. For retail applicant, I suggest applying minimum lot.
RAJESH VARTAK
21.1. RAJESH VARTAK  Mar 13, 2018 16:36 I Like It. | Report Abuse
Good Info......
Eagleye
20. Eagleye  Mar 13, 2018 12:35 I Like It. | Report Abuse
THE MOST RELIABLE
List of Main board IPOs IN THE PIPELINE (Status as on 09th March 2018)


A) DRHP Filed – SEBI Approval *Awaited*:

1) Devi Seafoods >>> DRHP date 05-Mar-18
2) TCNS Clothing Co. >>> DRHP date 26-Feb-18
3) Sandhya Marines >>> DRHP date 24-Feb-18
4) SembCorp Energy India >>> DRHP date 22-Feb-18
5) John Energy >>> DRHP date 15-Feb-18
6) Flemingo Travel Retail >>> DRHP date 15-Feb-18
7) IndoStar Capital Finance >>> DRHP date 09-Feb-18
8) Fine Organic Industries >>> DRHP date 07-Feb-18
9) Capricorn Food Products India >>> DRHP date 06-Feb-18
10) Nazara Technologies >>> DRHP date 31-Jan-18
11) CreditAccess Grameen >>> DRHP date 24-Jan-18
12) Route Mobile >>> DRHP date 22-Jan-18
13) Vishwaraj Sugar Industries >>> DRHP date 20-Dec-17
14) Srei Equipment Finance >>> DRHP date 28-Nov-17


B) SEBI Approval *Received* *(within the past 5 months)*:

1) Krishna Institute of Medical Sciences >>> SEBI Approval 07-Mar-18
2) Patel Infrastructure >>> SEBI Approval 05-Mar-18
3) RITES >>> SEBI Approval 20-Feb-18
4) Indian Renewable Energy Development Agency >>> SEBI Approval 16-Feb-18
5) Mishra Dhatu Nigam >>> SEBI Approval 15-Feb-18
6) ICICI Securities >>> SEBI Approval 02-Feb-18
7) Barbeque-Nation Hospitality >>> SEBI Approval 05-Jan-18
8) Lemon Tree Hotels >>> SEBI Approval 22-Dec-17
9) Acme Solar Holdings >>> SEBI Approval 15-Dec-17
10) CMS Info Systems >>> SEBI Approval 30-Nov-17
11) Reliance General Ins. Co. >>> SEBI Approval 29-Nov-17
12) Seven Islands Shipping >>> SEBI Approval 10-Nov-17
13) Prince Pipes and Fittings >>> SEBI Approval 03-Nov-17
14) Gandhar Oil Refinery (India) >>> SEBI Approval 26-Oct-17
Nk Gupta
20.2. Nk Gupta  Mar 13, 2018 14:14 I Like It. | Report Abuse
WELCOME BACK EAGLEYE.
RAJESH VARTAK
20.3. RAJESH VARTAK  Mar 13, 2018 16:35 I Like It. | Report Abuse
Welcome Eagleye
Your opinion please on upcoming IPO
Top New for ipo
19. Top New for ipo  Mar 13, 2018 14:41 I Like It. | Report Abuse
Eg wel Come Bandhan Bank su lage che
Top New for ipo
18. Top New for ipo  Mar 13, 2018 14:17 I Like It. | Report Abuse
Eg wel Come Bandhan Bank su lage che
Uchit Patel
17. Uchit Patel  Mar 9, 2018 11:56 I Like It. | Report Abuse
-      Bandhan Bank IPO
Currently some scandals in PSU banks affects all PSU banks. Somehow it is affecting whole finance sector of Indian markets. At some point, private banks, private NBFCs, micro finance have some pressure.
At present if you want to invest in finance sector then only one choice is available is private banks. At private banks, still asset quality is good compare to PSU banks. But we will see some pressure in earnings of private banks in next few quarters.
Good facts of Bandhan Banks:
-      When RBI granted banking license to Bandhan Bank in 2015 at that time many big players are also in competition i.e. Birla, Reliance etc. But only Bandhan and IDFC got licenses. IDFC got license because of IDFC NBFC and government holding. IDFC is failed to get benefits of license because of good governance. Bandhan Bank got license though Birla, Reliance rejected. There is something in Bandhan Bank though they succeeded to get license.
-      Good management.
-      Bandhan Bank is mostly in micro finance, SME, individuals. All previous micro finance companies like Equitas, Ujjivan, AU Small Bank gave good returns to investors on listing and after listing. So, micro finance sector is promising in India.
-      Low NPA 1.6 compared to another private bank. Though it is new in market obviously NPA should low. It will remain low for next few years because of good management.
-      Good growth in loans and network within last 3 years.
Concerns about Bandhan Bank IPO:
-      Asking P/BV, P/E is high compared to big private banks i.e HDFC, YES, INDUSIND. P/E is comparable to micro finance companies like equitas, ujjivan, au small. P/BV is high.
-      Market condition is not favorable.
-      Finance sector is losing its shine because of PSU Banks scandals. Many fund managers are pulling out money from banks, nbfcs. It is big concern.
-      US $ is getting strong. Fed already declares 3 – 4 times rate increase.
What to do? Apply or Not?
-      I suggest to watch Anchor investors list. Watch its demand in Anchor investors. Which big investors (national, international) funds are participating in this IPO.
-      Closely see NII, QIB participation.
I will provide feedback next week about Anchor investor’s participation.
When market condition is favorable this will give good return but at present investors have to wait for returns.
JAIPUR
17.1. JAIPUR  Mar 9, 2018 15:43 I Like It. | Report Abuse
Please share of Bandhan Bank GMP and kostak

Thanks
SAJAL SHETH
17.2. SAJAL SHETH  Mar 12, 2018 10:12 I Like It. | Report Abuse
Thanks @Uchit Patel (27310)
SANJAYVASHI
16. SANJAYVASHI  Mar 12, 2018 09:07 I Like It. | Report Abuse
VERY SAD EXPERTS ARE NOT POSTING THEIR VIEWS.
harishkumar
15. harishkumar  Mar 9, 2018 20:39 I Like It. | Report Abuse
BANDHAN BANK IPO IS VERY COSTLY. AS PER MY OPINION IT WILL GO IN DISCOUNT OR INVESTORS SHOULD BE READY TO LOSE MONEY.
dpcdsl
15.1. dpcdsl  Mar 10, 2018 14:51 I Like It. | Report Abuse
If in suspicion sell forms of Bandhan in Kostak @700/- and enjoy.
Sell allotment
15.2. Sell allotment  Mar 11, 2018 09:11 I Like It. | Report Abuse
will be subscribed 50 times for listing gains, bug hands are operation in grey market...kostak varying 550 to 800
abc xyz
14. abc xyz  Mar 10, 2018 13:05 I Like It. | Report Abuse
Today Equity Shares of East India Securities credited in account.
Uchit Patel
13. Uchit Patel  Mar 10, 2018 09:35 I Like It. | Report Abuse
IPO apply priority:

This priority is only for long term investors:

- BDL
-HAL
-Bandhan Bank
-Karda Construction (issue size is small, T group company but P/E is low)

I am not tracking Karda Construction.
JAIPUR
12. JAIPUR  Mar 9, 2018 15:42 I Like It. | Report Abuse
Please share rate of Bandhan Bank GMP and kostak

Thanks
SAJAL SHETH
11. SAJAL SHETH  Mar 9, 2018 10:13 I Like It. | Report Abuse


Bandhan Bank Limited was incorporated on December 23, 2014. Company is a commercial bank focused on serving underbanked and underpenetrated markets in India. Company have a banking license that permits them to provide banking services pan-India across customer segments. Company currently offer a variety of asset and liability products and services designed for micro banking and general banking, as well as other banking products and services to generate non-interest income.

Offer Period
Opens on: Thursday, March 15, 2018
Closes on: Monday, March 19, 2018

Price Band
Rs.370/- to Rs.375/- per equity share.

Bid Lot
40 Equity shares and multiple of 40 Equity shares thereafter.

Total Issue Size:
11,92,80,494 Equity Shares.

(Fresh Issue 9,76,63,910 Equity Shares and Offer for Sale 2,16,16,584 Equity Shares Of Face Value Of Rs.10 each).

(Rs.4413/- crs @ lower price band & Rs.4473/- crs @ upper price band)

Face Value:
Rs.10/- per share.

Category
Allocation
Issue Size (Rs. in Crs) @ lower band
Issue Size (Rs. in Crs) @ upper band

QIB (including Anchor)
50 %
2207
2237

NIB
15 %
662
671

Retail
35 %
1545
1566

Total
100%
4413
4473

Registrar
Karvy Computershare Private Limited

Listing
BSE & NSE

KULDEEP JOSHI
10. KULDEEP JOSHI  Mar 5, 2018 20:56 I Like It. | Report Abuse
i want to sell 22 app Bandhan BHIWANI 9996699042
sansansuh
10.1. sansansuh  Mar 6, 2018 10:43 I Like It. | Report Abuse
You are Black spot for this country. You and all other 21.
Kataria bhiwani
9. Kataria bhiwani  Mar 5, 2018 14:28 I Like It. | Report Abuse
700/$ in bhiwani
Braj Kishor
9.1. Braj Kishor  Mar 5, 2018 20:28 I Like It. | Report Abuse
Bandhan Bank premium. 37-39
hiteshzee
8. hiteshzee  Mar 1, 2018 18:54 I Like It. | Report Abuse
BANDHAN KOSTAK 1000 IN AHMEDABAD NOW
nayanbpatel
8.3. nayanbpatel  Mar 4, 2018 12:41 I Like It. | Report Abuse
i want to sell 25 app bandhan
Harish Patel
8.4. Harish Patel  Mar 5, 2018 12:40 I Like It. | Report Abuse
Hiteshbhai..... latest Kostak of Bandhan Bank in ahmedabad.....pls.
sudarshan modi
7. sudarshan modi  Mar 5, 2018 05:18 I Like It. | Report Abuse
❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️


Bandhan Bank Limited

Price Band: Rs.332- Rs. 333

Lot Size: 45 & Multiple Thereof
Issue Size: 119,280,494 Equity Shares of Rs 10 aggregating up to Rs. 3972 Cr.

Issue Opens: 16th March 2018
Issue Closes: 20th March 2018

Anchor Book 15th March 2018

Book Lead Manger: Axis Capital, JM Financial, Kotak

❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️❇️
Godhwani HG
6. Godhwani HG  Mar 4, 2018 19:52 I Like It. | Report Abuse
Expected list of angel fibers ltd. On 06/03/18
Knowledge Share
5. Knowledge Share  Mar 2, 2018 18:16 I Like It. | Report Abuse
Look out notice ate issued against all analysts and who recommended buy or advised Subscribe IPO for misguided public in general to buy or subscribe IPO.
AKJ IND
4. AKJ IND  Mar 2, 2018 16:06 I Like It. | Report Abuse
What is GMP Uniinfo telecom nse sme ipo

and any report of this ipo
Reena shah
3. Reena shah  Mar 1, 2018 20:34 I Like It. | Report Abuse
What is premium for macpowe
hiteshzee
2. hiteshzee  Mar 1, 2018 17:45 I Like It. | Report Abuse
BANDHAN KOSTAK 850 IN AHMEDABAD
MASTER STROKE
1. MASTER STROKE  Mar 1, 2018 11:55 I Like It. | Report Abuse
BANDHAN BANK IPO TENTATIVE DATE

14TH MARCH 2018

FORM PRICE 650/- STARTED IN AHMEDABAD

THANKS







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