PNB Housing Finance Ltd IPO (PNBHFL IPO)

PNB Housing Finance Logo

PNB Housing Finance Limited (PNBHFL) is the fifth largest housing finance company (HFC) in India by loan portfolio as of September 30, 2015 with the second largest amount of public deposits in an HFC in India as of March 31, 2015.

PNB Housing Finance offers a range of housing and non-housing loans to its customers which are mostly salaried customers whose main source of income is salary from their employment or self-employed customers whose main source of income is their profession or their business.

Under housing loans, the company offers loans for the purchase, construction, extension or improvement of residential properties or for the purchase of residential plots. The category constituted nearly 70.34% of its total loan portfolio as of March 31, 2016.

Non-housing loans are mostly in the form of loans against property to property-owning customers through mortgages over their existing property and any additional security, if required. Non-housing loans constituted 29.66% of its total loan portfolio as of March 31, 2016.

PNB Housing Finance also offers housing loans in the form of construction finance loans to real estate developers of residential housing.

Promoter of PNB Housing Finance: Punjab National Bank

PNB Housing Finance IPO details
Subscription Dates 25 - 27 October
Price Band INR750 - 775  per share
Fresh issue INR3,000 crore
Offer For Sale Nil
Total IPO size INR3,000 crore
Minimum bid (lot size) 19 shares
Face Value  INR10 per share
Retail Allocation 35%
Listing On BSE, NSE

 

PNB Housing Finance’s consolidated financial performance (in INR crore)

  FY2012 FY2013 FY2014 FY2015 FY2016
Total revenue 461 666.3 1,120.3 1,780.3 2,699.5
Total expenses 355.3 537.5 941.3 1,485.9 2,195.2
Profit after tax 77.4 92.8 129.6 194.0 327.5

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

Phone: +91 11 2335 7171
Fax: +91 11 2335 7173
Email: investor.services@pnbhousing.com
Website: www.pnbhousing.com

Link Intime India Private Limited
C-13 Pannalal Silk Mills Compound,
LBS Marg, Bhandup West, Mumbai – 400 078
Maharashtra, India

Phone: +91 22 2596 3838
Fax: +91 22 2594 6969
Email: pnbhfl.ipo@linkintime.co.in
Website: http://www.linkintime.co.in

PNB Housing Finance IPO Subscription Details

Category Shares offered

Subscription (no. of times, at 6 PM) 

Day 1 Day 2 Day 3
QIB

7,952,500

0.34

 0.92 37.33
NII

5,962,500

0.07

 0.13 86.16
Retail

13,912,500

0.16

 0.57 1.28
Employees

250,000

0.01

 0.13 0.45
Total

 28,077,500

 0.19

 0.57 29.51

PNB Housing Finance IPO allotment status will be available on Link Intime’s website. Click on this link to get allotment status.

You can also check your IPO allotment status from your mobile at
http://linkintime.co.in/ipo

IPO Opening Date: 25 October 2016

IPO Closing Date: 27 October 2016

Finalisation of Basis of Allotment: 2 November 2016

Initiation of refunds: 3 November 2016

Transfer of shares to demat accounts: 4 November 2016

Listing Date: 7 November 2016

Listing Price on NSE: INR860 per share (return of 10.9% over IPO price)

Closing Price on NSE: INR890 per share (return of 14.8% over IPO price)

PNB Housing Finance Ltd IPO (PNBHFL IPO)
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35 thoughts on “PNB Housing Finance Ltd IPO (PNBHFL IPO)

  • December 26, 2016 at 11:08 PM
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    This is available 10% below the listing price. Public going nuts in the much hyped IPO and no buyers just a month later now!!

    Reply
  • November 7, 2016 at 10:31 AM
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    What will be share price of pnb hfl share

    Reply
  • November 7, 2016 at 10:27 AM
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    Good listing but don’t wait. I think this price is not sustainable and the market will correct big time.

    Reply
  • November 7, 2016 at 9:10 AM
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    happy pnb listing.

    Reply
  • November 4, 2016 at 12:13 PM
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    PNB HFL grey premium has cracked to just 20 but no trades at all. All the guys who sold their applications can feel good if their brokers honor the commitment.

    Reply
  • November 3, 2016 at 8:37 AM
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    retail sab ko mi le ga

    Reply
    • November 3, 2016 at 3:58 PM
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      right sir, I got two out of the two

      Reply
    • November 3, 2016 at 3:59 PM
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      what will be the listing price now?

      Reply
      • November 4, 2016 at 2:17 PM
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        860 listing prize enjoi

        Reply
  • November 1, 2016 at 1:25 PM
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    PNB Housing grey premium has shot up on diwali. Applications now trading at a premium of 85/share

    Reply
      • November 1, 2016 at 8:21 AM
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        Cool Boss let’s see 7th NOV 2016

        Reply
  • October 28, 2016 at 7:26 AM
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    What was final subscription in retail category.

    Reply
  • October 26, 2016 at 8:44 PM
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    gmp is 20 now in pnb, no trades. exxpect listing in discount as it will be election time in us so volatility only

    Reply
  • October 25, 2016 at 12:15 PM
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    PNB Housing gmp now down to 45. Surprising as anchor book is good. It has General atlantic, credit Suise, singapore govt, Citi etc.

    Reply
  • October 24, 2016 at 10:29 PM
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    Anchor book fully subscribed at the top end of the price end.

    Don’t worry, investors will make money in this IPO also. Apply without doubt and fear.

    Reply
  • October 24, 2016 at 5:11 PM
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    Pnb housing is not all that expensive, iifl has a subscribe rating on the ipo. Pasting is disabled here but the report says its book value multiple are lower than repco and can fin

    Reply
  • October 20, 2016 at 8:29 PM
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    PNB housing grey premium come down to 50-55 now

    Reply
  • October 20, 2016 at 6:01 PM
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    What is ur opinion regarding PNB Finance ipo

    Reply
  • October 19, 2016 at 9:32 PM
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    What is the meaning of negative outlook by crisil

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    • October 20, 2016 at 5:46 PM
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      Negative outlook means there is no future, simple…

      Reply
  • October 18, 2016 at 1:22 PM
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    dhfl up 5pc today. I think it is better to hold this undervalued stock than invest in pnb housing ipo

    Reply
  • October 18, 2016 at 12:11 PM
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    Very expensive at 775, pe ratio of 28. I wonder what the experts think of it, looks better to avoid pnb housing Ipo.

    Reply
  • October 18, 2016 at 11:25 AM
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    Reuters says PNB housing price band will be 750-775

    Reply
  • October 17, 2016 at 10:16 AM
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    Aniket, PNB Housing is a good IPO and my sense is that it will not be too greedy in pricing as some of the other companies have. Just my two cents, another way of playing it would be to buy other housing finance companies. I personally like Indiabulls Housing, good management, regular dividends and low priced, PE ratio of just 13.

    Reply
    • October 17, 2016 at 2:05 PM
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      You missed DHFL. Look at the results today. I can’t paste the link here but have a look, superb growth in profit.

      Reply
      • October 17, 2016 at 9:37 PM
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        DHFL is also good but I prefer Indiabulls. They have a great advantage by having a group real estate business and this can work very well in next 1-2 years

        Reply
  • October 15, 2016 at 5:45 PM
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    What’s the opinion of bull_sinha about PNB Housing? Sir, please reply, your guidance was been very helpful in HPL. I’ll also avoid Varun Beverages as per ur advice.

    Reply
  • October 14, 2016 at 9:41 PM
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    Grey trading started in PNB housing, GMP around 70-75 bucks and kostak application selling for 800 bucks

    Reply
    • October 15, 2016 at 7:11 PM
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      Without price band Gap???

      Reply
      • October 15, 2016 at 9:12 PM
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        Information is as received frm market sources. PNB HFL IPO price band is expected >500 bucks

        Reply
  • October 14, 2016 at 8:53 AM
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    PNBHF EPS
    2013/14 – 25.87
    2014/15 – 24.15
    2015/16 – 27.58

    PE ratio at 500 (which am not sure) will be 20.1. Dewan Housing and Indiabulls Housing are available at lower PE.

    Reply

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