CSB Bank Limited IPO Message Board (Page 27)

FROM IPO DETAILS.. SEE THIS CONTINUE LOSS MAKING IN MILLIONS BY CSB BANK
Particulars      For the year/period ended (Rs in Million)
31-Mar-19      31-Mar-18      31-Mar-17
Total Assets      1,64,534.60      1,53,346.62      1,57,700.26
Total Revenue      14,834.33      14,222.26      16,174.96
Profit After Tax (4,482.70)      (3,211.82)      (2,616.37)

Apply or avoid. Pls suggest

Apply. Only 28k forms for retail. If Qib subscribes above thirty times then Rs.50 premium on the card. Grey also suggested 50 premium.
Very tough allotment for retail. Retail category will surpass IRCTC subscription.

Can anybody tell that we indians can apply in saudi aramco ipo from our brokers and if we can't then how can we apply?

Indians working in Saudi Arabia can apply.

May be not possible to apply in Indian brocarage company

Tentative
IPO size Rs. 400 crores
Retail portion 10% ( because loss making company)
Price Band Rs. 190 to Rs.200
Dates : 20 to 22 Nov 2019
GMP Rs 50.
Unlisted price is been traded @ Rs 200.
Sorry for earlier post. Typing error.

I thought ipo size is around rs 600 crore. What is the source?

@amit
for 600 cr issue the price band needs to be 285-290. I think that's not possible.

Upi not mandatory for this ipo
https://www.newindianexpress.com/business/2019/nov/08/sebi-extends-second-phase-of-upi-implementation-for-retail-investors-till-march-2020-2059000.html

According to above post
T+3 not possible
T+6 listing?

Heard that Sebi has reduced timeline for ipo closing to listing. Earlier closing to listing was T+s days , new timeline will be T+3 days.

* old T+6 to new T+3 days

For banks these days in India, more than P&L statement, NPA % and nature and quality of borrowers is important.

Tentative 22 to 24 nov 2019

23 - 24 -- Saturday - Sunday

@papon kuchh bi ... Open date.. Saturday Sunday toh Bhai dekha karo posting Karne se pahele...

Grey Market Rs.50 premium

God start for CSB.

@ Sunder
HDB current unlisted price 1050.Initial trade commenced from 850.

Priceband might be 190-200

Suryoday Small Finance Bank is also in Queue

Its a loss making bank but since Prem Wasta have taken big stake in it, its PRE-IPO price was quoting 195/-. At that rate we would buy banks like KVB, FED BANK, SIB, DhanBank, CUB etc

If unlisted price is 190 - 196
Then ipo price around 240 - 250
It's my opinion....

IMO 250 Minus 50 Rs. GMP as updated by one of the most reliable member Rajakumar. Let's wait for monday.
IMO anything above 220-225 would make it costliest bank among its peers in DRHP in terms of P/BV.
Let's pray for something on the table otherwise have to wait for another bank - Ujjivan bank.

After downgrade Moody's rating for India credit score... Indian bank will have tough time.. On top that Loss making Bank are coming up with IPO... Don't understand how investor should look at this situation.

IPOs are punters games only..There are ipos which saw tremendous response to their issue price and today available at far lower prices still no interest is shown to buy them..amber, pratap snacks etc are some examples..The only thing we should look for is how is the grey market activity going on for that particular ipo..If it's hot you must take that advantage..Let's see how CSB fares..

Better to buy Yes bank than this ipo

Currently the Public sectors and private sectors banks are available at good prices..
So the price band of CSB bank will be crucial to watch....as it is a loss making bank currently.
And the second thing will be the subscription figures....

I think wait for price band

And gmp activities...

Tentative 9 to 21 Nov

19** to 21 nov

Only 10% quota for RII, also issue size is small

Tentative opening date?