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Au Financiers IPO: Subscribe to the issue - Jainam Research -
Au Financiers IPO: Subscribe to the issue - Jainam Research
Jainam Research | Published: 27 Jun, 2017  | Source :

We at Jainam Wealth recommend our investors to “SUBSCRIBE” the AU Small Finance Bank Ltd IPO considering that the company having a diversified product portfolio, small finance bank license, presence in rural and semi-urban markets with 269 branches and 121 asset centers, experienced management, strong risk management with gross NPA of 1.61% in FY17; capital adequacy of 23.21% and robust financial such as NIM (%) 9.70%; ROE (%) 21.70%; ROA (%) 3.40% in FY17. Company available at P/BV of 5x of FY17 Book Value on upper price band.

Price Band Rs.355 - 358. Issue open on 28th June and close to 30th June. Market Lot 41 Shares.


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Jainam Research was incorporated in 2003 with the vision to be the most preferred organization providing all financial services across the country. The foundation is on "Value" Systems - "Value" addition to Corporate, Retails and HNI Individuals through superior Wealth Creation Practices.


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Disclaimer: The author has taken due care and caution to compile and analyse the data. The opinions expressed above are only the views of the author, and not a recommendation to buy or sell. Neither the author nor accept any liability whatsoever arising from the use of any of the above contents.