PNB Housing Finance Ltd IPO (PNB Housing Finance IPO) Detail

Oct 25, 2016 - Oct 27, 2016

Incorporated in 1988, PNB Housing Finance Ltd, a subsidiary of Punjab National Bank offers housing loans to individuals and corporate bodies for the construction, purchase, repair, and upgradation of houses, as well as loans for commercial space, purchase of residential plots, loan against properties, and loans for real estate developers. Information in this paragraph is provided by chittorgarh.com, India's No. 1 IPO Investment Portal.

Company's target customers for housing loans are salaried customers, whose main source of income is salary from their employment, and self-employed customers, whose main source of income is their profession or their business. Visit chittorgarh.com for more detail.They also offer housing loans in the form of construction finance loans to real estate developers of residential housing.

The company has Pan India presence in more than 40 locations through a network of 48 branches. Company’s 16 hubs are located at New Delhi, Bengaluru, Chandigarh, Chennai, Noida, Jaipur, Dehradun, Lucknow, Kolkata, Cochin, Coimbatore, Mumbai, Pune, Ahmedabad, Indore and Hyderabad which support branch operations. The company provides doorstep service for its products via Direct Sales Team (DST) channel. Other than the DST channel, company’s Home Loan and Loan against Property business is also sourced via Direct Marketing Associates (DMA) and Digital Medium.

Competitive Strengths:

1. Fifth largest HFC in India and the fastest growing HFC among the leading HFCs in India
2. Strong distribution network with deep penetration of key Indian urban centres
3. Scalable operating model and centralised and streamlined operational structure
4. Access to diversified and cost-effective funding sources
5. Diversified product offering with specific focus on self-employed customers
6. Customer-centric approach resulting in strong brand recognition
7. Prudent credit underwriting, monitoring and collection processes
8. Managed by experienced and qualified professionals with strong industry expertise
9. Support from their parent and promoter PNB

Company Promoters:

The Promoter of the Company is Punjab National Bank (“PNB”). PNB (directly and through its nominees) holds 64,730,700 Equity Shares which constitutes 51.00%, of the Company’s pre-Issue paid-up and subscribed Equity Share capital.

Company Financials:

Summary of financial Information
Particulars For the year/period ended (in Rs. Million)
As at 30-Jun-16 31-Mar-16 31-Mar-15 31-Mar-14 31-Mar-13 31-Mar-12
Total Assets 346,816.49 296,724.99 190,352.37 115,395.76 76,550.74 44,362.56
Total Revenue 8,634.36 26,995.43 17,803.83 11,203.22 6,663.02 4,610.00
Profit After Tax (PAT) 960.28 3,275.66 1,940.70 1,296.97 928.20 774.46

Objects of the Issue:

Company intends to utilize the Net Proceeds towards the following:

1. Augment the capital base to meet their future capital requirements;
2. General corporate purpose; and
3. Enhance visibility and brand name among existing and potential customers.

PNB Housing Finance IPO Details

IPO Opening DateOct 25, 2016
IPO Closing DateOct 27, 2016
Issue TypeBook Built Issue IPO
Face Value₹10 per equity share
IPO Price₹750 to ₹775 per equity share
Market Lot19 Shares
Min Order Quantity19 Shares
Listing AtBSE, NSE
Issue Size38,719,309 Eq Shares of ₹10
(aggregating up to ₹3,000.75 Cr)

PNB Housing Finance IPO Lot Size

The PNB Housing Finance IPO market lot size is 19 shares. A retail-individual investor can apply for up to 13 lots (247 shares or ₹191,425).

ApplicationLotsSharesAmount (Cut-off)
Minimum119₹14,725
Maximum13247₹191,425

PNB Housing Finance IPO Subscription Status (Bidding Detail)

The PNB Housing Finance IPO is subscribed 29.53x times on Oct 27, 2016 18:50. The public issue subscribed 1.32x in the retail category, 37.33x in the QIB category, and 86.17x in the NII category. Check Day by Day Subscription Details (Live Status)

CategoryIPO Subscription
QIB

37.33x

NII

86.17x

RII

1.32x

Employee

0.46x

Total

29.53x

PNB Housing Finance IPO Prospectus

PNB Housing Finance IPO Rating

1050
3.8
Rating:Rated 3.8 stars

Vote Here ...

PNB Housing Finance IPO Listing Date

Listing DateMonday, November 7, 2016
BSE Script Code540173
NSE SymbolPNBHOUSING
Listing InB
ISININE572E01012
IPO Price₹775 per equity share
Face Value₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
Volume
BSE
₹775.00
₹863.00
₹860.05
₹902.95
₹890.60
6,425,114
NSE
₹775.00
₹860.00
₹860.00
₹904.00
₹891.15
33,028,250

PNB Housing Finance IPO Reviews / Ratings

  • Ajcon Global Services Ltd - Subscribe
  • Dilip Davda - Other
  • Hem Securities - Subscribe
  • ICICI Direct - Subscribe
  • KR Choksey Securities Ltd - Subscribe

Company Contact Information

PNB Housing Finance Ltd
9th Floor, Antriksh Bhavan,
22 Kasturba Gandhi Marg,
New Delhi 110 001, India

Phone: +91 11 23357171
Email: investor.services@pnbhousing.com
Website: http://www.pnbhousing.com

PNB Housing Finance IPO Registrar

Link Intime India Private Ltd
   Link Intime India Private Ltd
   C 101, 247 Park, L.B.S.Marg,
   Vikhroli (West), Mumbai - 400083

Phone: +91-22-4918 6270
Email: pnbhfl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

PNB Housing Finance IPO FAQs

  1. What is PNB Housing Finance IPO?

    PNB Housing Finance IPO is a main-board IPO of 38,719,309 equity shares of the face value of ₹10 aggregating up to ₹3,000.75 Crores. The issue is priced at ₹750 to ₹775 per equity share. The minimum order quantity is 19 Shares.

    The IPO opens on Oct 25, 2016, and closes on Oct 27, 2016.

    Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

  2. When PNB Housing Finance IPO will open?

    The PNB Housing Finance IPO opens on Oct 25, 2016 and closes on Oct 27, 2016.

  3. What is the lot size of PNB Housing Finance IPO?

    PNB Housing Finance IPO lot size is 19 Shares and the minimum order quantity is 19 Shares.

  4. How to apply for PNB Housing Finance IPO?

    You can apply in PNB Housing Finance IPO online using either UPI or ASBA as payment method. ASBA IPO application is available in the net banking of your bank account. UPI IPO application is offered by brokers who don't offer banking services. Read more detail about apply IPO online through Zerodha, Upstox, 5Paisa, Edelweiss, ICICI Bank, HDFC Bank and SBI Bank.

  5. When PNB Housing Finance IPO allotment?

    The finalization of Basis of Allotment for PNB Housing Finance IPO will be done on [.], and the allotted shares will be credited to your demat account by [.]. Check the PNB Housing Finance IPO allotment status.

  6. When is PNB Housing Finance IPO listing date?

    The PNB Housing Finance IPO listing date is on Monday, November 7, 2016.

PNB Housing Finance IPO Message Board

Ranked Members  Ranked Members

Loading...
1287. S GOYAL |Dec 14, 2016 10:23
EAGLEYE,HAVE YOU ANALYSE THE EFFECT OF DEMONETIZATION ON THIS COMPANY,AS THIS COMPANY HAS INVESTED 20% OF ITS LOAN BOOK TO BUILDERS.CAN WE SEE THE INCREASE IN NPA LEVEL DUE TO THIS? CAN WE HOLD THIS STOCK,IF YES WHAT WILL BE THE TARGET FOR SHORT TERM ,MEDIUM TERM,LONG TERM? DISCLOSURE- I AM HOLDING THIS STOCK IN 6 LOTS AS PER YOUR RECOMMENDATION PLEASE. KINDLY POST YOUR COMMENT AS I WILL WAIT EAGERLY FOR YOUR COMMENTS.
1286. Meekesh shah |Nov 28, 2016 19:47
Hello,
Septaji please reply

Bought RPG LIFE SCIENCE
@495
100quantity

Eagerly waiting for your reply
1285. Meekesh shah |Nov 28, 2016 14:18
Hi ,
Septaji how are you.
Hope you must be fine by the grace of God.
According to your recommendations i have purchased RPG LIFE SCIENCE

WHAT PRICE SHOULD I EXIT.
KINDLY GIVE ME THE TARGET

REGARDS
THANK YOU
1285.1. Aggarwal Abhishek |Dec 22, 2016 14:27
He will not notice your message coz this page is not more relevant and he will hardly visit this page . If you want that he should notice your message than you should write this message at his own personal comment which he has written recently at his own wall so that he get notified by the chittorgarh that someone has replied you than he might answer your question....
1284. pratik sonar |Nov 27, 2016 21:58
Hi , you can join my chittorgarh watsapp group where we discuss about IPO , share tips and ideas and invest together. text me on my number 7 0 6 3 6 7 4 3 8 9 - Pratik
Note- Only people who can be active in group and share knowledge , text me
1283. ipoexpert |Nov 21, 2016 23:53
Ab kahan gaye woh digaaj jo 1000-1100 ki keh rahe the....aap sab ko pehle hi kaha tha ki listing ho sakta hai thode premium par ho jaye but it will settle around 775 but kuch iss board ke members mujhe befkoof keh rahe the....kahan gaye....ab bolo
1283.1. Eagleye |Nov 25, 2016 20:46
IPO Guru IPO Guru (5700+ Posts, 19000+ Likes)


And I still here ... boliye ... kya kehena hai appko ?
1283.2. Aman |Dec 4, 2016 01:03
it is one of india fastest growing housing finance company. post clarity / proper flow of liquid money post demonetisation it will certainly touch the level of 1100-1200.
however i had added this in my long term portfolio and even on 900 it is still a good long term investment decision.
1282. IPOANALYSIS |Nov 21, 2016 20:36
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)

USA hitting high, Jappan Nikkei hitting high, Europe UK markets at high. Pakistan stock market at 42400 near all time high. INvestors and people happy times.
indian stock market at 25700 near 1 yr low. investors routed in both property and stocks
1282.1. Mohun |Dec 29, 2016 20:50
i have listened to and read what every major economist on the planet has to say about indias demonetisation…….. not one single c u n t has got it right……… indian economy is a sleeping giant which has woken up……. yet our fantastic growth is not reflected in our number crunching. …….. our previous rbi governor raghuram rajan and previous pm manmohan singh ( both rothschilds agents ) wanted to hide indias economic success story.............. beggar nations are part of g7 group... what is g7 without india and china?...... demonetization causes our cottage industries and small scale family based ultra skilled industries to be measured ………. they now will be reflected in indias gdp and growth story --which the zionist pay roll economists do not want……… indian gdp is growing at 10.5% right now……. i have not yet seen a single famous economist-indian and foreign who understand the amazing indian economic growth story ……. today india is no 3 economy on this planet….. in another 16 years , we shall be no 1 ……….. yes--if indians cant adopt to digitisation change-- who can ? let me tell you , nobody on this planet can…….
1281. IPOANALYSIS |Nov 21, 2016 18:07
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
THANKS TO PM MODI AND ARUN JAITLEY FOR the state of INDIAN STOCK MARKET now

WHAT IS SURPRISING NOW IS THAT WHEN ALL STOCK MARKETS ARE HITTING ALL TIME HIGH across globe

ATLEAST MR JAITLEY SHOULD HAVE TAKEN LESSON FROM PAKISTAN , usa, europe, UK ,Japan all market doing well with no issues

it is only and only Indian stock market going down everyday due to stupidity of Arun Jaitley and Mr PM.

People wake up its ur hard earned money you have invested.

teach a lesson to BJP in elections and let better parties come in power. dont be a modi bhakht.
1281.1. MANU AGGARWAL |Nov 21, 2016 19:57
100 % Agree
1281.2. dipak |Nov 21, 2016 21:36
Kindly stop ur anti national slogans.........when all the market worldwide was down ...ours was up.....tn what were u doing....it seems u lost a lot of black money....my condolences are with u.....
1280. Carn Mohan |Nov 21, 2016 18:01
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
Market is going in Bear phase Banks,Financial companies, Housing finance cos, can down more than 50% from here alls are highly overvalued.
1279. Carn Mohan |Nov 21, 2016 13:10
IPO Mentor IPO Mentor (700+ Posts, 200+ Likes)
sell all your holding in Indian stock market , and buy 30 to 50â„… discount.
market is going in bear phase ,I think banks are going in very big crisis,next some quarters NPA will increase very sharply .
1278. s.selvam |Nov 18, 2016 08:38
MADAM JANET YELLEN HAS INFORMED THAT FED IS GOING TO INCRESE THE FED RATE SOONER AND THE PREFERENCE TO BE GIVEN TO WHITES IN AMERICA IN JOBS BY PRESIDENT ELECT TRUMP''S SPEECH AND THE LOWER GRUIDANCE GIVEN BY NASSCOM AND FEAR OF RETRENCEMENT BY IT STALWARTS WILL HAVE ANY EFFECT IN MARKETS.PARTICULARLY WHETHER IT WILL AFFECT HOUSING FINANCE COMPANIES.EXPERTS CAN ENLIGHTEN US IN THIS FORUM PLEASE
1278.1. RAJA HINDUSTANI |Nov 21, 2016 13:18
sir during the 3rd quarter housing finance co. are likely to suffer the most due to sharp fall in real estate sector Therefore PNBH can come down to 660-675 levels shortly ...
1277. IPOANALYSIS |Nov 17, 2016 00:55
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
no the pricing is correct.

It is because of the stupid ideas of PM and FM for demonitisation that has led to all this

real estate crashed, stock market down , people standing in queues.

I am sure you people will show it in votes next time. there is no investment giving return.

i am sure BJP has realised its mistake but being egoistic wont accept it

hope people teach them lesson in next elections.
1277.6. IPOANALYSIS |Nov 18, 2016 10:45
IPO Guru IPO Guru (1700+ Posts, 1300+ Likes)
Looks like u all are modi bhakths. I am not against the demonitisation intention but the process bein followed. Imagine what good work bjp had a chance like asking people with othet scheme like put this money in govt bonda with no interest for 5 years .this money could hv been used properly. Check the cnn interview of a person that says no govt is so hawkish to get this done so quickly as it could cause major damage. How willl u explain multiple deaths caused by people standing in queues. They were poor people. How will u explqin money running out from india and making thus a bear market.will india survive without finvetors outflow. The process and implementation is so bad. What if it cause more damage that is business house chucking out people and loosing jobs. Just wait n watch.even chinese media have made fun of this this which is causing more damage than good
1277.7. V |Nov 19, 2016 15:40
How much of your cash is wiped out?
1276. ROYKOLKATA |Nov 16, 2016 22:50
the promoters should bring ipo at proper price we are now paying the price for investing in this ipo. soon will fall below 700
1275. NRI Investor |Nov 16, 2016 13:42
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
VERY GOOD RESULT 78.0% JUMP IN PROFIT.. SCREEMING BUY FROM THIS LEVEL @ 801 RS.

PNB Housing Finance today reported a rise of 78.3 percent in net profit at Rs 137.65 crore for the quarter ended September 30, 2016. Its net profit stood at Rs 77.20 crore in the corresponding July-September quarter of the previous fiscal. This is company''s first balance sheet declared to stock exchanges after it was listed on NSE and BSE last month. Total income rose by 50.8 percent to Rs 970.17 crore during the second quarter of 2016-17, against Rs 643.21 crore in same period of previous fiscal, it said in a regulatory filing. For the half year period (April-September), PNB Housing Finance''s net profit increased by 75 percent to Rs 233.6 crore, against Rs 133.6 crore. Income on the half yearly basis increased to Rs 1,833.02 crore from Rs 1,203.64 crore year ago. Sanjaya Gupta, Managing Director of the company, said that the half yearly results have been in line with company''s expectations. "The infusion of equity in the company will allow us to spread our branch network and grow our loan book. This will be in line with our growth and fixed cost optimisation strategy which will lead to improvement in the profit margins going forward," Gupta added. The asset under management (AUM) grew by Rs 34,896 crore as on September 30, 2016 from Rs 22,347 crore a year ago. Loan outstanding at the end of September 2016 stood at Rs 32,236 crore. The deposit portfolio grew by 14 percent to Rs 7,831 crore as on September 30 ,2016 from Rs 6,877 crore a year earlier. On asset quality, gross non-performing assets (NPAs) were at 0.26 percent of the loan assets as on September 30, against 0.23 percent a year ago. Net NPAs or bad loans were 0.18 percent of net advances, against 0.09 percent in the same period a year ago. The company also launched Unnati Home Loans during the first half of the current fiscal to cater to the mass housing segment in tier-II and III cities. This is to boost disbursements in the affordable housing loan segment, it said.

Read more at: http://www.moneycontrol.com/news/results/pnb-housing-finance-q2-net78-at-rs-137-crore_7966741.html?utm_source=ref_article
1275.3. NRI Investor |Nov 18, 2016 11:00
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
ROYKOLKATA,

U should understand main rule of Investing first. Rule is "Be greedy when others are fearful, and be fearful when others are greedy".

After correction from 980 levels, and with amazing 78% profit increase, ITS SCREAMING BUY NOW... now 825...

TARGET 1000+ in 3 months..
1275.4. NRI Investor |Nov 30, 2016 09:37
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
What happened ROYKOLKATA ?

Why so silent now ???

Now who is misleading people now????

PNB HOUSING FINANCE 910+ NOW... 110 UP FROM MY GIVEN PRICE 800.


Advice for you, First read previous messages of the Experts before you give your useless opinion on anyone. Ur new here in this forum, so just be good listener first.
1274. abbas |Nov 16, 2016 10:39
sir,

Can anyone tell about HPL as I have 1 lot of HPL IPO.
I am new
1274.1. Chennai |Nov 16, 2016 20:30
forget or book loss and invest in PNB
1273. ROYKOLKATA |Nov 16, 2016 09:42
guys situation not looking good should have sold when price was above 930..it seems that the price will fall below 700..
1272. Ashish Khater |Nov 15, 2016 23:11
Top Contributor Top Contributor (300+ Posts, 200+ Likes)
With eps of 10.64 this quarter, I think we can give pnb eps of around 40 this year. Wth even a P/e of 25 and book value of 337 on 31/03/2017, 1000 seems achievable. Let the market stabilise I suppose. N BUY on dips should be done. Correct me if I am wrong
1271. Tulsiyan |Nov 15, 2016 17:40
Hi, As confirmed..... Results are out for this company... Results are good...but not as spectacular as i expected...
Key Highlights:-
NIM growth:- 45% YOY
Fees & Operating profit:-93% YOY
PAT:- around 75% YOY

Considering the projections of other group members/post... Fundamentals are sound.... and discounting the same growth ...PAT can be well estimated in line of 440 cr to 460 cr.

Even if we go by calculation...chances of crossing 1000 benchmark is still dere subject too:-

Market stablization and no negative news from US market/govt.

1271.1. Mohun |Nov 15, 2016 19:01
I believe the results was out and market reacted that tanked the price to 800 in the last 30 mins. I have 100 shares at 855. Not sure if I should hold
1270. gamble |Nov 15, 2016 15:21
IPO Guru IPO Guru (1600+ Posts, 3900+ Likes)
PNBHF @800(only result can lift this up...!!)

Some alert given on Thursday about NBfC and HF :-(



144.1. gamble Nov 10, 2016 3:46:01 PM IST
PNB Housing Finance Ltd IPO

Financial stocks looks in trouble.. .!!!????


Bharat fin : 800 to 740
Ujjivan : 460 to 425
Equitas : 174 to 165
M&m : 340 to 315

Indiabull : 750-699
Hdfc : 1364-1311
Dhfl : 292-273
PnbHF : 974-933


..........just profit bookin or real downside....??


Although taken small position in equitas ....will buy on every 10-12rs downside.
1269. NRI Investor |Nov 15, 2016 10:40
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Buy from current level 850+

Target 1000+ in 1 month..

BUY BUY
1269.1. Khemka |Nov 15, 2016 12:14
IPO Guru IPO Guru (1000+ Posts, 400+ Likes)
20â„… lower circuit in can home finance today.actually meltdown on all nbfc and housing financial started as next quarter results will be huge loss
1268. gravitaparol |Nov 15, 2016 10:19
buy...buy..buy







Search Chittorgarh.com:

Download Our Mobile App

Android App iOS App