Chittorgarh.com Logo
FREE Account Opening + No Clearing Fees + Rs 999 API Access
Loading...

Repco Home Finance Ltd IPO (Repco Home Finance IPO) Detail

Mar 13, 2013 - Mar 15, 2013

Incorporated in 2000, Repco Home Finance Ltd (RHFL) is mainly engaged in the business of housing finance. RHFL products include dream home loans, home makeover loans, mortgage loans, plot loans, commercial construction loans, NRI housing loans and loans for fifty-plus individuals.

RHFL is operating through 73 branches and 19 satellite centres in Tamil Nadu, Andhra Pradesh, Kerala, Karnataka, Maharashtra, Odisha, West Bengal, Gujarat and the
Union Territory of Puducherry. They are registered as a housing finance company with the NHB, the housing finance regulator of India. Company is headquartered in Chennai, Tamil Nadu and promoted by The Repatriates Co-operative Finance and Development Bank Limited ("Repco Bank Limited"), a Government of India owned enterprise, in April 2000.

They are in the business of financing:

1. The construction and/or purchase of residential and commercial properties including repairs and renovations ("Individual Home Loans"); and
2. Loans against properties ("Loans Against Property").

Company Promoters:

The promoter of theCompany is The Repatriates Co-operative Finance and Development Bank Limited.

Objects of the Issue:

Company intends to utilise the proceeds from the Issue, after deduction of the Issue related expenses (the "Net Proceeds") towards augmentation of their capital base to meet their future capital requirements arising out of growth in their business.

Repco Home Finance IPO Details

IPO Opening Date Mar 13, 2013
IPO Closing Date Mar 15, 2013
Issue Type Book Built Issue IPO
Face Value ₹10 per equity share
IPO Price ₹165 to ₹172 per equity share
Market Lot 75 Shares
Min Order Quantity 75 Shares
Listing At BSE, NSE
Issue Size15,720,262 Eq Shares of ₹10
(aggregating up to ₹270.39 Cr)

Repco Home Finance IPO Lot Size

The Repco Home Finance IPO market lot size is 75 shares. A retail-individual investor can apply for up to 15 lots (1125 shares or ₹193,500).

Application Lots Shares Amount (Cut-off)
Minimum 1 75 ₹12,900
Maximum 15 1125 ₹193,500

ICRA has assigned an IPO Grade 3 to Repco Home Finance Ltd IPO. This means as per ICRA, company has 'Average Fundamentals'. ICRA assigns IPO grading on a scale of 5 to 1, with Grade 5 indicating strong fundamentals and Grade 1 indicating poor fundamentals.

Repco Home Finance IPO Review

On performance front, the company has posted an average EPS of Rs. 13.01 for last three fiscals and for first six months ended 30.09.12 Rs. 7.67 (Not annualized). Thus the asking price is at a P/E of 12 plus on the existing equity of Rs. 46.44 crore which will stand enhanced to Rs. 62.16 crore post this issue. Attribution of these earnings on expanded equity translates asking price at around 15.5 P/E. Its NAV as on 30.09.12 is Rs. 72.97, thus offer is at a P/BV of 2.26 and compares well with leading peers like LIC HF, HDFC, Gruh Finance etc.

On BRLM's mandate performance front the data represents the total issues managed / number of issues failed to give listing gain respectively - SBI Cap (20/9), IDFC (11/4) and JM Financial (24/8). However, considering the fancy for housing finance companies, moderate investment is recommended.

Read detail review...

Repco Home Finance IPO Subscription Status (Bidding Detail)

The Repco Home Finance IPO is subscribed 1.65 times on Mar 15, 2013 5:00:00 PM. The public issue subscribed 0.51 times in the retail category, 3.39 times in the QIB category, and 0.35 times in the NII category. Check Day by Day Subscription Details (Live Status)

CategorySubscription (times)
QIB3.39
NII0.35
Retail0.51
Employee0.57
Total1.65

Repco Home Finance IPO Prospectus

Repco Home Finance IPO Rating

47
3.3
Rating:Rated 3.3 stars
Vote Here ...

Repco Home Finance IPO Listing Date

Listing Date Monday, April 1, 2013
BSE Script Code 535322
NSE Symbol REPCOHOME
Listing In B Group of Securities
ISIN INE612J01015
IPO Price ₹172 per equity share
Face Value ₹10 per equity share

Listing Day Trading Information

.
IPO Price
Open
Low
High
Last Trade
BSE
₹172.00
₹165.00
₹158.05
₹176.00
₹160.85
NSE
₹172.00
₹159.95
₹158.00
₹175.90
₹161.80

Company Contact Information

Repco Home Finance Ltd
Repco Tower No 33,
North Usman Road,
T Nagar, Chennai - 600017
Phone: 91-44-28340715
Email: cs@repcohome.com
Website: http://www.repcohome.com

Repco Home Finance IPO Registrar

KFintech Private Limited

Phone: 04067162222, 04079611000
Email: repco.ipo@karvy.com
Website: https://karisma.kfintech.com/

Repco Home Finance IPO Reviews / Ratings

Repco Home Finance IPO FAQs

Repco Home Finance IPO is a main-board IPO of 15,720,262 equity shares of the face value of ₹10 aggregating up to ₹270.39 Crores. The issue is priced at ₹165 to ₹172 per equity share. The minimum order quantity is 75 Shares.

The IPO opens on Mar 13, 2013, and closes on Mar 15, 2013.

KFintech Private Limited is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.

The Repco Home Finance IPO opens on Mar 13, 2013 and closes on Mar 15, 2013.

Repco Home Finance IPO lot size is 75 Shares and the minimum order quantity is 75 Shares.

You can apply in Repco Home 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.

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

The Repco Home Finance IPO listing date is on Monday, April 1, 2013.

Repco Home Finance IPO Message Board

Ranked Members  Ranked Members

Open an Instant Account with Zerodha
Loading...

18 Comments

16. DG |   Link |Mar 30, 2013 1:14:39 PM
Thanks but we are small retailors interested in booking profit on opening day.

Thanks four your reply.
15. Dreamearn com |   Link |Mar 30, 2013 1:53:51 AM
Company fundamentally looks strong. Better to book in opening. www.dreamearn.com
14. DG |   Link |Mar 29, 2013 12:24:30 PM
I have received an allotment of 1,125 Equity Shares of REPCO Home Finance IPO as very poor performance from retailors side.

Can anybody advise that will this share open in premium or in discount on trading day?

what is the strength of the comapny?
13. Dilip Davda |   Link |Mar 29, 2013 11:36:45 AM
Repco Home to get listed on BSE and NSE on 01.04.13 (Monday)

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

12. VIJAY AGRAWAL |   Link |Mar 28, 2013 12:16:39 PM
LEASTING DATE : 01/04/2013 BEST OF LUCK
11. Dreamearn com |   Link |Mar 25, 2013 9:56:07 PM
Fundamentally Stock is good. If opening at lower band. Hold. Try www.Dreamearn.com for Nifty Future view and Stock View. We are giving assurance that you will not loose in Indian Equity Market. Test and enjoy
10. manoj kumar |   Link |Mar 23, 2013 7:46:25 PM
status of allotment? likely listing date? any grey market premium
9. VIJAY AGRAWAL |   Link |Mar 23, 2013 5:56:41 PM
ASBA AC/ DEBITED TODAY IN STATE BANK OF HYDERABAD 12900/-
8. satyaaa |   Link |Mar 16, 2013 8:27:29 PM
Hi Guys,

I want your advise.

I have started SIP in following companies for 12 months. Please 12 months tell me whether I will be in profit or loss. Let me say how many of you give almost correct reply. I will give feedback after 12 months.
1. Eclerx
2. Lupin
3. Glemmark Pharma
4. TCS
5. Page Industries
6. Asian Paints
7.Yes Bank
8. ING Vysya bank
9. Bajaj Auto
10. Nestle
11.Havells
12. Ultratech Cement
If anyone have better stock, Your are welcome.
Open challenge to all of you boarders.
8.1. Dreamearn com |   Link |Mar 30, 2013 1:55:16 AM
Good Profile. Have to add one stock from HDFC Group and One from Tata Group. www.dreamearn.com
7. Saharanpuri |   Link |Mar 15, 2013 10:16:26 PM
Top Contributor Top Contributor (200+ Posts)
Repco finance IPO unexpectedly got good response in QIP category which got oversubscribed 3.4 times.what does this imply ? Will it be another Oberoi Realty n HMVL where retail investors got firm allotment n excelentn listing gains.
Any news on GMP prevailing?
6. SARBANANDA GATTANI |   Link |Mar 13, 2013 6:10:15 PM
IN TODAYS PAPER THEY HAVE ANNOUNCED SOME RISK FACTOR IN WHICH THEIR FORMER MD HAS FILED A CASE AGAINST THEM . HENCE WE HAVE TO BE CAUTIOUS BEFORE APPLYING .
5. Saharanpuri |   Link |Mar 13, 2013 12:27:20 AM
Top Contributor Top Contributor (200+ Posts)
THERE IS ABSOLUTELY NO BUYER IN GMP FOR THIS REPCO FINANCE IPO. SEEMS PEOPLE ARE STILL SCARD OF VMART,BHARATI INFRATEL N ALL OTHER DISASTROUS IPOS.

EXCEPT FOR CARE NO IPO ABOVE ITS ISSUE PRICE.

SURELY IPO MEANS ITS PROBABLY OVERPRICED OR IDIOTIC PREPOSTEROUS OUTRAGEOUS..
5.1. gemipofinder |   Link |Mar 13, 2013 8:05:35 AM
SAHARANPURIJI,

nice to see ur post after such a long time...

this ipo looked somewhat interesting but pricing part spoil everything

best to wait and watch and if possible avoid..
4. Amit S |   Link |Mar 11, 2013 10:17:17 PM
Grey market rate 850 per minimum application....
First and Final....
3. hemant kumar |   Link |Mar 11, 2013 12:28:56 PM
It is a Government company directly or indirectly. Any discount for retail investors?
2. lakho baroda |   Link |Mar 11, 2013 12:07:42 PM
gray market primium is 15.
1. IPO MK RAJKOT |   Link |Mar 7, 2013 3:00:18 PM
very expensive ipo,
avoid avoid avoid.