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RBL Bank Ltd IPO Message Board (Page 59)

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19. Lokesh Jain |   Link |  Bookmark | August 10, 2016 6:52:19 PM
Issue Highlights

• RBL Bank Ltd (“RBL”) is one of the fastest growing Private Sector Bank, having wide distribution network with presence through 197 interconnected branches and 362 interconnected ATMs in 16 States and Union Territories in India serving over 1.9 million customers.
• RBL offers a comprehensive range of Banking Products and Services customized to cater to the needs of Large Corporations, Small and Medium Enterprises (“SMEs”), Agricultural customers, Retail customers and Development Banking & Financial inclusion (low income) customers.
• RBL has maintained high CASA deposits. AS of 31st March 2016 the CASA deposits representing 18.46% of the total deposits consisted of savings deposits (7.22% of total) and current deposits (11.42% of total).
• RBL Posted a superior CAGR growth of 51% from FY2012 to FY2016 in its Advances Book.
• The Net Interest Margin has grown from 2.68% in FY 2014 to 2.96% in FY2016.
• RBL has maintained a capital adequacy ratio of 12.94% and 13.13% in FY16 & FY15 respectively.
18. Lokesh Jain |   Link |  Bookmark | August 10, 2016 6:50:42 PM
RBL Bank Limited            
            
Face Value Per Equity Share (Rs.)       10       
Total Income (Rs. in crores)       3,234.85       
EPS (Basic) (Rs.)       9.60       
P/E       23.44       
P/BV       2.45       
Return on Net Worth (%)       9.79       
Net Asset Value/ Share (Rs.)       92.02       
(Price @ Upper Band Rs.225/-)            
            
Peer Group                  
            
            
Yes Bank Limited            
Face Value Per Equity Share (Rs.)       10       
Total Income (Rs. in crores)       16,262.86       
EPS (Basic) (Rs.)       60.39       
P/E       19.59       
P/BV       3.61       
Return on Net Worth (%)       18.38       
Net Asset Value/ Share (Rs.)       327.26       
            
Indusind Bank Limited            
Face Value Per Equity Share (Rs.)       10       
Total Income (Rs. in crores)       14,877.61       
EPS (Basic) (Rs.)       39.68       
P/E       29.14       
P/BV       3.97       
Return on Net Worth (%)       13.20       
Net Asset Value/ Share (Rs.)       291.02       
            
Kotak Mahindra Bank Limited            
Face Value Per Equity Share (Rs.)       5.00       
Total Income (Rs. in crores)       27,974.52       
EPS (Basic) (Rs.)       18.91       
P/E       40.42       
P/BV       4.20       
Return on Net Worth (%)       10.37       
Net Asset Value/ Share (Rs.)       181.86       
            
City Union Bank Limited            
Face Value Per Equity Share (Rs.)       1.00       
Total Income (Rs. in crores)       3,354.19       
EPS (Basic) (Rs.)       7.44       
P/E       16.85       
P/BV       2.46       
Return on Net Worth (%)       14.57       
Net Asset Value/ Share (Rs.)       51.02       
            
DCB Bank Limited            
Face Value Per Equity Share (Rs.)       10.00       
Total Income (Rs. in crores)       1,918.92       
EPS (Basic) (Rs.)       6.86       
P/E       14.65       
P/BV       1.64       
Return on Net Worth (%)       11.18       
Net Asset Value/ Share (Rs.)       61.19       
17. Heros |   Link |  Bookmark | August 10, 2016 12:36:38 PM
chance of allotement very less, don''t apply
16. rahulagaa |   Link |  Bookmark | August 10, 2016 10:03:25 AM
Plz reply based on your experience

Is it good to apply for 10 lots in one single application or 5 different applications to get the best out of allotment ?
15. satish krs |   Link |  Bookmark | August 9, 2016 9:19:36 PM


http://m.economictimes.com/markets/ipos/fpos/rbl-bank-to-raise-rs-1250-crore-through-ipo/articleshow/53618596.cms
14. Ipo tracker |   Link |  Bookmark | August 9, 2016 9:12:14 PM
Top Contributor Top Contributor (500+ Posts, 200+ Likes)
RBL BANK IPO
Comparison with listed industry peers:
Name of the Bank
For the year ended March 31, 2016
Face
Value
(`)
Total
Income
(` Million)
Basic
EPS (`)
P/E P/BV RoNW
(%) NAV (`)
1. RBL Bank Limited# 10 32,348.50 9.60 [●] [●] 9.79 92.02
2. Peer Group@
Yes Bank Limited 10 162,628.60 60.39 19.59 3.61 18.38 327.26
Indusind Bank Limited 10 148,776.10 39.68 29.14 3.97 13.20 291.02
Kotak Mahindra Bank
Limited 5
279,745.20 18.91 40.42 4.20 10.37 181.86
City Union Bank Limited 1 33,541.86 7.44 16.85 2.46 14.57 51.02
DCB Bank Limited 10 19,189.20 6.86 14.65 1.64 11.18 61.19
# Source: Based on the restated financial information for the year ended March 31, 2016

Notes

P/E Ratio has been computed as the closing market prices of the companies sourced from the NSE website as on July
25, 2016.
P/B Ratio has been computed as the closing market prices of the companies sourced from the NSE website as on July
25, 2016.
13. Jai |   Link |  Bookmark | August 9, 2016 8:38:41 PM (300+ Posts)
Date and rate fix hue kya ?
12. RAKSHIT PATEL |   Link |  Bookmark | August 9, 2016 3:06:45 PM
RBL IPO KAB HAI
11. Arup jamshed |   Link |  Bookmark | August 9, 2016 12:09:36 AM (900+ Posts, 300+ Likes)
Eagleyeji,recent past u discussed abt nifty, bank nifty.now nifty is 52 wk high,plz post ur valuable analyis
10. Eagleye |   Link |  Bookmark | August 8, 2016 5:27:31 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Here are some facts about RBL Bank:

The IPO size will be about Rs. 1,100 crore comprising fresh issue of shares, in addition to offer of sale of 17.56 million equity shares by existing investors.

The face value of the share is Rs.10 each.

The price band will be decided in consultation with global coordinators and book running lead managers (GCBRLMs) to the issue.

The shares will be listed on BSE and NSE.

The bank earned a net profit of Rs. 292.48 crore on revenues of Rs. 3,234.85 crore for the financial year 2015-16, up from Rs. 208.45 crore and Rs. 2,356.5 crore in the preceding financial year.

The diluted EPS was Rs.9.43 for 2015-16 as against Rs. 7 in 2014-15 (Diluted earnings per share reflect the potential dilution that could occur if contracts to issue equity shares were exercised or converted during the period).

Deposits and advances stood at Rs. 24,348 crore and Rs. 21,229 crore, respectively, as of March 31, 2016.

Net non-performing assets (NPAs) as percentage of total advances rose to 0.59 percent from 0.27 percent at the end of financial year 2014-15.

The GCBRLMs to the issue are Kotak, Axis Capital, Citi and Morgan Stanley. The BRLMs are HDFC Bank, ICICI Securities, IDFC Securities, IIFL Holdings and SBI Capital Markets.

The bank was incorporated in 1943 as Ratnakar Bank.

Over the last five years, global and domestic investors have infused capital of over Rs. 1,500 crore in the bank, taking the TIER 1 capital to Rs. 2,200 crores (approx).

As of March 2016, RBL Bank had 197 branches and 362 ATMs across 13 Indian states.

The corporate office of RBL Bank is at One Indiabulls Centre, Tower 2B, 6th Floor, Lower Parel (W), Mumbai, while the registered office is at Shahupuri, Kolhapur.
10.2. Futurze Avenue |   Link |  Bookmark | August 21, 2016 10:43:05 PM
Dear Egagleye,

I have been tracking your since long for the IPO on Chittorgdh site.

I really appreciate your Knowledge & contribution so far on this site.

I would like to associate with you further professionally (for equity market) or personally (as friend).

Request you to share your name and profile (Like linkedin or facebook etc..) so that i can get in touch with you.

Thanks & Regards,
Nilesh Dilipbhai Presswala
10.3. Redtwored |   Link |  Bookmark | August 31, 2016 11:02:31 AM
What is the book value / share and price to book value of RBL bank post IPO?
9. MUKESHGARG |   Link |  Bookmark | August 8, 2016 4:33:25 PM
please provide details of rbl public issue. how much worth of rbl share
8. Eagleye |   Link |  Bookmark | August 8, 2016 1:19:44 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
http://www.rblbank.com/LegalPopup.aspx

http://www.rblbank.com/Investor-Relations.aspx
7. Eagleye |   Link |  Bookmark | August 8, 2016 1:14:53 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
RBL GMP 48 - 50
7.1. SONMAYA |   Link |  Bookmark | August 8, 2016 1:59:15 PM
IPO Mentor IPO Mentor (1300+ Posts, 400+ Likes)
Thanks a lot lot..EE and Patel...
6. Vallabh Savaliya |   Link |  Bookmark | August 8, 2016 9:02:52 AM
SHARE HOLDERS OF GLOBAL TRUST BANK:
Any fellow have shares of GLOBAL TRUST BANK LTD which was acquired by ORIENTAL BANK OF COMMERCE in year 2004.?
As per SEBI & Govt of India guidelines, Share holders of e-GTB are entitle for OBC shares on pro-rata base after 12 year.
Friends,12 year is completing on 14.08.2016.
Please write to "AGM, Oriental Bank of Commerce, (MBD), F-14, 4thFloor, Competent House, Connaught Place, New Delhi-110001
E-mail : mbd@obc.co.in or obc@obcindia.com" with evidence.

If any other information in this matter, please share in this group.
6.1. VINOD JAIN NICKY |   Link |  Bookmark | August 10, 2016 9:50:28 PM
FIRST OF ALL THANKS. AS I WAS THE SHAREHOLDER OF GTB. IT WAS ALSO REFLECTED IN MY DEMAT HOLDING STATEMENT AT THAT TIME,BUT AFTER SOMETIME , IT WAS NOT SHOWN IN MY HOLDING STATEMENT TILL DATE. SO PLEASE GUIDE ME ABOUT IT, IF YOU HAVE ANY INFORMATION. THANKING YOU IN ANTICIPATION.
5. GRAVITA PAROL |   Link |  Bookmark | August 7, 2016 12:39:10 PM
@ Banglore king

well done sir,
I always appreciate you.

keep it up
4. bangalore king |   Link |  Bookmark | August 6, 2016 7:22:09 PM (400 Posts)
Ujjivan FinanceServices Ltd
(Rs. 463.00) : Expensive Finance!
Ujjivan Finance Services Ltd (Ujjivan) - is a Bengaluru based company started operations as an NBFC in 2005 with the mission of providing a full range of financial services to the economically active poor who are not adequately served by financial institutions. Ujjivan operations is spread across 24 states&union territoriesand 209 districts across India, making it as one of the largest MFI in terms of geographical spread serving 2.77 million active customers through 469 branches and 7,786 employees. Factors such as growing pipeline of IPO''s due to bull rally, successful
listing of its rivalEquitas, stellar numbers from listed micro-finance major Bharat Financial Inclusion Limited (formerly SKS Micro-finance) and sharp growth being witnessed in general in the
NBFC/microfinance industry thanks to huge NPA''s and credit growth issues plaguing PSU banks
have fueled an euphoria in the share prices of listed NBFC/microfinance companies and the rally
is on the verge of burst. Ujjivan now trades at more than 4 times to its book value and has risen
more than 150% (within two months of listing) from its IPO price. Once Ujjivan converts into Small
Finance Bank (SFB), cost of operations will eat into margins and the phenomenal growth being
shown in the last few quarters will tend to moderate. Book profits and stay away.


RBL Bank will offer Rs1100 crore worth fresh equity and 17568408 shares through OFS
How and when will be DilipBuildcon and S.P.Apparels'' IPOs ?
Prabhat Telecom''s got listed at 19% premiums on BSE-SME platform.
Sheela Foam will file DRHP with Sebi for Rs510 crore IPO
Godrej Agrovet, BSE, NSE, PNB Housing Finance and InvIT all set for IPO

Dilip listing
Listing :- The shares will be deposited in
account on August 10 and listing may take
place on August 11. It may get listed around
Rs240-145 and spurt to Rs250 after listing.
It is advisable to book profit once it crosses
Rs260 level.

SP listing
The shares may be deposited in account on August 10 and may get listed on August
11 around Rs280-285. Be cautious if it crosses Rs300 level as it may slip in discount after listing.

With raising Rs8,000 crore fund in the first six months of Calendar year, the primary market is
setting up new records and moving forward. It is believed that Indian primary market has given
higher returns compared to Indian Secondary Market, and markets in US and Europe. Total 41
companies have come up with IPOs in 2016 till now and have given average 41% return, which is
four times of Sensex. In comparison, primary market in US has given average 19% and European
primary market has given 9% return.
Till now, Sebi has given nod for IPO to 15 companies which will raise Rs6,000 crore and as
many as 9 companies are waiting for Sebi''s pproval for IPO. Apart from that six companies had
obtained Sebi nod but it has got lapsed.

• Advanced Enzyme (540025) :- The issue got listed at 1210 and went up to Rs1242 and came
down to Rs1168 before closing at 1214 on listing day. It spurted and closed at Rs1423 on Friday.
It is advisable to book profit on upward movement.

• Prabhat Telecoms (540077) :- The issue with offer price of Rs51
got listed and closed at 61.20. It went closed at Rs71.70 on Friday. It
has given 40% return to investors.

• RBL Bank IPO :- The issue has got delayed and now it may
come up in third week of August. The reason for delay is violation of
norms regarding pending cases against banks in past as well as violation
of norms in allotment of Rs600 crore shares to certain investors.
The bank is trying to come up clean with settlement and ratification
of mistakes. It will offer fresh equity of Rs1100 crore and 17568408
crore shares through OFS. Rs1500 crore issue may open on
August 19 and close on August 23. The issue offer price could
be Rs 225 and lot size could be 55/60.

* Insight into upcoming issues:-
• Sheela Foam :- Sleep-well mattress manufacturing company
has filed DRHP with Sebi for Rs510 crore IPO. It will dilute
51% stake through OFS. The company with 12 manufacturing
units boasts 20/23% market share. Lead managers are Edelweiss
and ICICI Securities.
• Godrej Agrovet Ltd :- After acquiring two companies last
year, the company is coming up with IPO.
• PNB Housing Finance :- Punjab National Bank promoted finance company has filed DRHP
with Sebi for Rs2500 crore issue. PNB will bring down its stake from 51% to 37%.
• BSE :- It will come up with Rs500 crore IPO to dilute 30% stake.
• NSE :- It will provide exit route to shareholders through IPO in beginning of next year.
• IL&FS :- It is planning to get its Infrastructure Investment Trust (INVIT) listed in October

Grey market movement

RBL Bank premiums and application form rates highly volatile
Grey Market movement fizzles out with closing of DilipBuildcon and SP Apparels issues

Dilip BUildcon :- The premiums had come down to seller circuit of 12/15 from premiums of 35/
40. However, more than expected response in HNI category spurted the premiums to 30/32 and
now it is around Rs27/29.
SP Apparels :- Not much fancy as it is getting listed in ''T'' group. The premiums of 13-15 due
to 2.5 times subscription are not likely to sustain till listing.
RBL Bank :-Though RBL Bank''s issue is not announced officially, premiums and application
rates have gone volatile in the grey market. The premiums have spurted from Rs40/45 to 55/57.
Minimum application rates are around 800/850.

4.2. Earthking |   Link |  Bookmark | August 7, 2016 1:54:33 PM
IPO Mentor IPO Mentor (1000+ Posts, 400+ Likes)
Keep update us sir ... Nice work ...
4.3. rahulagaa |   Link |  Bookmark | August 10, 2016 10:07:43 AM
Sir, should we apply for RBL AND CL EDUCATE?
3. S.S |   Link |  Bookmark | August 6, 2016 7:19:16 PM
Kostak Gmp...800
2. Eagleye |   Link |  Bookmark | August 6, 2016 3:13:52 PM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
Equitas

Target 225+ within August 2016
2.2. Nalin Saini |   Link |  Bookmark | August 11, 2016 12:27:08 PM
Thank you Maam.
Bought 500 shares today at 170/-.
2.3. rahoolgupta |   Link |  Bookmark | August 12, 2016 3:05:15 PM
Thanks Eagleye..
I had added 100 more at 195
1. Arup jamshed |   Link |  Bookmark | August 6, 2016 9:57:30 AM (900+ Posts, 300+ Likes)
Khmkaji,eagleye ji,chemchoji,gambleji,any expart plz share ur view for m''day on nifty next wk,call buy n put sell st price 8650.now show profit.any chance to cross 8750
20.1. ANIL VERMA |   Link |  Bookmark | August 6, 2016 10:16:02 AM
yes. full chances, if. no bad news surfaces.
20.2. Chintan Thaker |   Link |  Bookmark | August 6, 2016 10:53:46 PM
Advise to exit on monday EOD... Correction of 5 - 6% expecting in aug.