AU Small Finance Bank IPO - Brokerage recommendation summary - Indian IPO Blog

Wednesday, June 28, 2017

AU Small Finance Bank IPO - Brokerage recommendation summary

Prabhudas Liladhar 
Recommend investors to subscribe to the issue only with a long-term investment horizon. 

KR Chocksey
We recommend subscribe rating to long-term investors. 

IIFL
We recommend a subscribe rating. 

Nirmal Bang
Unique model, no peer ,  SFB model should do better compared to the NBFC model in the long run. 

Equirus
Consistent track record ,  At the offered valuation, we recommend a subscribe rating on the issue with a long-term view.

Antique Stock Broking
Strong upside likely in a few years ,  investors can expect strong upside over the next few years,

Reliance Securities
We recommend subscribe rating to the issue, as it provides a favourable investment opportunity for long-term investors. 

Angel Broking
Premium valuations justified,  We recommend subscribe rating on the issue

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