PNB Housing Finance IPO is a book built issue of Rs 3,000.75 crores.
PNB Housing Finance IPO bidding started from October 25, 2016 and ended on October 27, 2016. The shares got listed on BSE, NSE on November 7, 2016.
PNB Housing Finance IPO price band is set at ₹750 to ₹775 per share. The minimum lot size for an application is 19 Shares. The minimum amount of investment required by retail investors is ₹14,725.
Refer to PNB Housing Finance IPO RHP for detailed information.
| IPO Date | October 25, 2016 to October 27, 2016 |
| Listing Date | November 7, 2016 |
| Face Value | ₹10 per share |
| Price Band | ₹750 to ₹775 per share |
| Lot Size | 19 Shares |
| Total Issue Size | 38,719,309 shares (aggregating up to ₹3,000.75 Cr) |
| Issue Type | Book Built Issue IPO |
| Listing At | BSE, NSE |
PNB Housing Finance IPO offers 28,077,500 shares. 7,952,500 (28.32%) to QIB, 5,962,500 (21.24%) to NII, 13,912,500 (49.55%) to RII, 250,000 (0.89%) to employees. 732,236 RIIs will receive minimum 19 shares and (sNII) and (bNII) will receive minimum 266 shares. (in case of oversubscription)
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Anchor Investor Shares Offered | - | NA |
| QIB Shares Offered | 7,952,500 (28.32%) | NA |
| NII (HNI) Shares Offered | 5,962,500 (21.24%) | |
| Retail Shares Offered | 13,912,500 (49.55%) | 732,236 |
| Employee Shares Offered | 250,000 (0.89%) | NA |
| Total Shares Offered | 28,077,500 (100%) |
Investors can bid for a minimum of 19 shares and in multiples thereof. The below table depicts the minimum and maximum investment by retail investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (Min) | 1 | 19 | ₹14,725 |
| Retail (Max) | 13 | 247 | ₹191,425 |
| Lot Size Calculator | |||
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.
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
| 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 |
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.
[Dilip Davda] As issue appears to be fully priced, Risk savvy cash surplus investors may consider investment for long term. Read detail review.
The PNB Housing Finance IPO is subscribed 29.53 times on October 27, 2016 6:50:00 PM. The public issue subscribed 1.32 times in the retail category, 37.33 times in the QIB category, and 86.17 times in the NII category. Check Day by Day Subscription Details (Live Status)
| Category | Subscription (times) |
|---|---|
| QIB | 37.33 |
| NII | 86.17 |
| Retail | 1.32 |
| Employee | 0.46 |
| Total | 29.53 |
| Listing Date | November 7, 2016 |
| BSE Script Code | 540173 |
| NSE Symbol | PNBHOUSING |
| ISIN | INE572E01012 |
| Final Issue Price | ₹775 per share |
| Price Details |
|---|
| Final Issue Price |
| Open |
| Low |
| High |
| Last Trade |
| BSE |
|---|
| ₹775.00 |
| ₹863.00 |
| ₹860.05 |
| ₹902.95 |
| ₹890.60 |
| NSE |
|---|
| ₹775.00 |
| ₹860.00 |
| ₹860.00 |
| ₹904.00 |
| ₹891.15 |
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
Phone: +91-22-4918 6270
Email: pnbhfl.ipo@linkintime.co.in
Website: https://linkintime.co.in/initial_offer/public-issues.html
PNB Housing Finance IPO Recommendation Summary
| Review By | Subscribe | Neutral | Avoid |
|---|---|---|---|
| Brokers | 5 | 0 | 0 |
| Members | 0 | 0 | 0 |
Lead Manager Reports
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 share. The minimum order quantity is 19 Shares.
The IPO opens on October 25, 2016, and closes on October 27, 2016.
Link Intime India Private Ltd is the registrar for the IPO. The shares are proposed to be listed on BSE, NSE.
The PNB Housing Finance IPO opens on October 25, 2016 and closes on October 27, 2016.
PNB Housing Finance IPO lot size is 19 Shares, and the minimum amount required is ₹14,725.
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, Nuvama, ICICI Bank, HDFC Bank and SBI Bank.
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.
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.
1279. Meekesh shah | Link | Bookmark | November 28, 2016 6:47:21 PMHello,
Septaji please reply
Bought RPG LIFE SCIENCE
@495
100quantity
Eagerly waiting for your reply
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
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.
1277.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
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
1276.1. Eagleye | Link | Bookmark | November 25, 2016 7:46:25 PM
IPO Guru (6600+ Posts, 21900+ Likes)
And I still here . boliye . kya kehena hai appko ?
1276.2. Aman | Link | Bookmark | December 4, 2016 12:03:10 AMit 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.
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
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…….
1274.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.
1274.1.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.
1273. Carn Mohan | Link | Bookmark | November 21, 2016 5:01:43 PM
IPO Mentor (1200+ Posts, 400+ Likes)
Market is going in Bear phase Banks,Financial companies, Housing finance cos, can down more than 50% from here alls are highly overvalued.
1272. Carn Mohan | Link | Bookmark | November 21, 2016 12:10:13 PM
IPO Mentor (1200+ Posts, 400+ 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 .
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
1271.1. RAJA HINDUSTANI | Link | Bookmark | November 21, 2016 12:18:28 PMsir 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 .
1270.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.
1270.1. Kash | Link | Bookmark | November 17, 2016 4:24:25 PM Incorrect utterance 1270.2. Mohun | Link | Bookmark | November 17, 2016 4:54:07 PMYou''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.
1270.3.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.
1270.4. Chennai | Link | Bookmark | November 17, 2016 6:49:36 PMDo 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.
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.
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
1270.7. V | Link | Bookmark | November 19, 2016 2:40:03 PM How much of your cash is wiped out? 1269. ROYKOLKATA | Link | Bookmark | November 16, 2016 9:50:42 PMthe promoters should bring ipo at proper price we are now paying the price for investing in this ipo. soon will fall below 700
1268. NRI Investor | Link | Bookmark | November 16, 2016 12:42:20 PM
Top Contributor (200+ Posts, 300+ 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
1268.1. ROYKOLKATA | Link | Bookmark | November 16, 2016 12:54:53 PM please don''t mislead there is just absence of buyers and stock is likely to settle at 600 1268.2. Sreedhar R | Link | Bookmark | November 16, 2016 1:53:30 PMPNB''s quarterly performance has been paled by Market conditions.
All stocks have almost bottomed out.
Though this is a temporary phase, the bounce back will be very slow.
If you want to buy at these rates, you also will need to wait for a very long period to generate decent profits out of it.
Is it worth it ??
1268.3. NRI Investor | Link | Bookmark | November 18, 2016 10:00:49 AM
Top Contributor (200+ Posts, 300+ Likes)
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..
1268.4. NRI Investor | Link | Bookmark | November 30, 2016 8:37:48 AM
Top Contributor (200+ Posts, 300+ 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.
1267. abbas | Link | Bookmark | November 16, 2016 9:39:54 AMCan anyone tell about HPL as I have 1 lot of HPL IPO.
I am new
