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. Companyâ€™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, companyâ€™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 (â€œPNBâ€). PNB (directly and through its nominees) holds 64,730,700 Equity Shares which constitutes 51.00%, of the Companyâ€™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

Issue Open	Oct 25, 2016 - Oct 27, 2016
Issue Type	Book Built Issue IPO
Issue Size	38,719,309 Eq Shares of Rs 10 (aggregating up to Rs 3,000.75 Cr)
Face Value	Rs 10 Per Equity Share
Issue Price	Rs 750 - Rs 775 Per Equity Share
Market Lot	19 Shares
Min Order Quantity	19 Shares
Listing At	BSE, NSE

PNB Housing Finance IPO Subscription Status (Bidding Detail)

PNB Housing Finance IPO how much subscribed?
	No. of Times Issue Subscribed (BSE + NSE)
As on Date & Time	QIB	NII	RII	Employee	Total
Shares Offered	7,952,500	5,962,500	13,912,500	250,000	28,077,500
Oct 27, 2016 18:50	37.33x	86.17x	1.32x	0.46x	29.53x

PNB Housing Finance IPO Prospectus

› Red Herring Prospectus

PNB Housing Finance IPO Rating

1050

3.8

Rating:

Vote Here ...

PNB Housing Finance IPO Listing Date

› Listing Date: Monday, November 7, 2016
› BSE Script Code: 540173
› NSE Symbol: PNBHOUSING
› Listing In: B
› ISIN: INE572E01012
› Issue Price: Rs 775 Per Equity Share
› Face Value: Rs 10 Per Equity Share

Listing Day Trading Information

.
Issue Price
Open
Low
High
Last Trade
Volume

BSE
Rs 775.00
Rs 863.00
Rs 860.05
Rs 902.95
Rs 890.60
6,425,114

NSE
Rs 775.00
Rs 860.00
Rs 860.00
Rs 904.00
Rs 891.15
33,028,250

PNB Housing Finance IPO Reviews / Ratings

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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 Lead Manager(s)

Lead Manager Reports

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Useful Articles

PNB Housing Finance IPO Review / Comments

1288. S GOYAL Dec 14, 2016 09:23

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.

1287. Meekesh shah Nov 28, 2016 18:47

Hello,
Septaji please reply

Bought RPG LIFE SCIENCE
@495
100quantity

Eagerly waiting for your reply

1286. Meekesh shah Nov 28, 2016 13:18

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

1286.1. Aggarwal Abhishek Dec 22, 2016 13:27

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....

1285. pratik sonar Nov 27, 2016 20:58

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

1284. ipoexpert Nov 21, 2016 22:53

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

1284.1. Eagleye Nov 25, 2016 19:46

2 |

IPO Guru (4700+ Posts, 15100+ Likes)

And I still here ... boliye ... kya kehena hai appko ?

1284.2. Aman Dec 4, 2016 00:03

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.

1283. IPOANALYSIS Nov 21, 2016 19:36

2 |

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

1283.1. Mohun Dec 29, 2016 19:50

i have listened to and read what every major economist on the planet has to say about indias demonetisationâ€¦â€¦.. not one single c u n t has got it rightâ€¦â€¦â€¦ indian economy is a sleeping giant which has woken upâ€¦â€¦. yet our fantastic growth is not reflected in our number crunching. â€¦â€¦.. 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 â€¦â€¦â€¦. they now will be reflected in indias gdp and growth story --which the zionist pay roll economists do not wantâ€¦â€¦â€¦ indian gdp is growing at 10.5% right nowâ€¦â€¦. i have not yet seen a single famous economist-indian and foreign who understand the amazing indian economic growth story â€¦â€¦. today india is no 3 economy on this planetâ€¦.. in another 16 years , we shall be no 1 â€¦â€¦â€¦.. yes--if indians cant adopt to digitisation change-- who can ? let me tell you , nobody on this planet canâ€¦â€¦.

1282. IPOANALYSIS Nov 21, 2016 17:07

1 |

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.

1282.1. MANU AGGARWAL Nov 21, 2016 18:57

100 % Agree

1282.2. dipak Nov 21, 2016 20:36

2 |

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.....

1281. Carn Mohan Nov 21, 2016 17:01

IPO Mentor (600+ 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.

1280. Carn Mohan Nov 21, 2016 12:10

IPO Mentor (600+ 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 .

1279. s.selvam Nov 18, 2016 07:38

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

1279.1. RAJA HINDUSTANI Nov 21, 2016 12:18

2 |

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 ...

1278. IPOANALYSIS Nov 16, 2016 23:55

1 |

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.

Load more comments (5 replies)

1278.1. Kash Nov 17, 2016 16:24

2 |

Incorrect utterance

1278.2. Mohun Nov 17, 2016 16:54

2 |

You''re comments are very immature and you speak like a person hoarding huge amount of unaccounted cash, do you even understand the evil of black economy and its implication on our economy? I hear senior citizens standing in the long queues applauding the brave step our PM has taken. It is a short term pain but long term gain.

1278.3. IPOANALYSIS Nov 17, 2016 16:56

1 |

what incorrect.

Pakistan, Dow Jones and Global Market all are doing good.So no global market excuse
All money flow moving out to these market
Even Real estate dev are finished.

poor people will loose further JObs due to demonitisation.
They have tried to stop something so quickly for UP election. This needs to be done step wise folllowing certain measures rather than at one go

what is incorrect in this. Please elaborate.

1278.4. Chennai Nov 17, 2016 18:49

Do u want Corrupted nation "ipoanalysis" ? .
When some good decision taken don''t support at list not to criticize .
Go and see whole world is admires of Modi''s strong decision.
Short term pain long term gain even i suffered last week.
My all 100 % income comes under tax surveillance how can I buy house / land cost are tooo high people like black money holder ready to pay in premium and having more than 4,5 houses .

When can a common man buy house thing what u did for our country as a individual participation. Always think and post ur comments don''t mislead and ur worrying about only ur return . My invest also 15 % down ( Unrealised) u will be happy once u realised ( 2-3 yrs)

Rich get richer poor get poorer.....!!!

1278.5. Mohun Nov 17, 2016 22:02

That''s the problem, stop seeing things through YOUR EYES. Our markets are expected to be like this for few more months. It is the reaction to current situation we are in, the business community is applauding demonetization. Keep cool, and wait for opportunities to take position in every dip, this market is to bounce back in 2-3 months.

1278.6. IPOANALYSIS Nov 18, 2016 09:45

1 |

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

1278.7. V Nov 19, 2016 14:40

How much of your cash is wiped out?

1277. ROYKOLKATA Nov 16, 2016 21:50

the promoters should bring ipo at proper price we are now paying the price for investing in this ipo. soon will fall below 700

1276. NRI Investor Nov 16, 2016 12:42

1 |

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

Load more comments (2 replies)

1276.3. NRI Investor Nov 18, 2016 10:00

1 |

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..

1276.4. NRI Investor Nov 30, 2016 08:37

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.

1275. abbas Nov 16, 2016 09:39

sir,

Can anyone tell about HPL as I have 1 lot of HPL IPO.
I am new

1275.1. Chennai Nov 16, 2016 19:30

forget or book loss and invest in PNB

1274. ROYKOLKATA Nov 16, 2016 08:42

guys situation not looking good should have sold when price was above 930..it seems that the price will fall below 700..

1273. Ashish Khater Nov 15, 2016 22:11

2 |

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

1272. Tulsiyan Nov 15, 2016 16:40

1 |

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.

1272.1. Mohun Nov 15, 2016 18:01

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

1271. gamble Nov 15, 2016 14:21

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.

1270. NRI Investor Nov 15, 2016 09:40

2 |

Buy from current level 850+

Target 1000+ in 1 month..

BUY BUY

1270.1. Khemka Nov 15, 2016 11:14

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

1269. gravitaparol Nov 15, 2016 09:19

buy...buy..buy

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