Total Foreign Holding as on 06th July = 10,31,49,665 Shares (~36.288%)
Inference, Additional buying permitted by foreign investors = 3,61,33,279 Shares i.e. 12.712% of total outstanding shares can still be bought by Foreigner Investors
But are you sure that FI are going to invest at higher rate ie Rs 450 per share on listing , 50% of retail investors do not have money to hold the stock , as they want to apply for next IPO which is to hit the market , so they sell for listing gains , also HNI have borrowed money applying for ipo so they will sell at profit , AU Financiers is an big IPO Double the size of CDSL Are you 100% SURE
Hopefully it will be a great listing. Now question arises what to do after that.... Take the profit or ride??
I believe one should take the profit in short term though I m bullish on this stock n sector in long term... However better plays available in the mkt at those valuations.
Happy to see, many Investors turning more optimist towards AU. I firmly believe, it can be a multibagger. This co have strong potential to be another conglomerate in financial sector. Great understanding of business with proven track record. Hold/Buy AU.....
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July 8, 2017 7:03:16 PM
(1100+ Posts, 1100+ Likes)
Some members are surprised about somebody has allotted 533 shares There is no surprise It is always possible.
In CDSL employees quota also oversubscribed 1.46x with only 1497 applications for 700000 shares
As total shares reserved for employees is 1000000 (Emp. quota oversubscribed 1.45x) Total 1876 applications can get 533 shares (considering all appl. of 533 shares or more) So no Surprise that any employee has allotted 533 shares
Respected Gambleji & other experts kindly let me know what to do with Eris Life I am having four lots and S. CHAND. since IPO. I shall be thankful to you.
ERIS is best for long term.... Company fundamental is very strong but if you have fear so you can exit on any pull back rally sir ...dont wait for more and dont look munaafa just exit on your cost sir thanks and do anything but not my advise sir pls concern with your finanacial adviser thanks :)
Total Foreign Holding as on 06th July = 10,31,49,665 Shares (~36.288%)
Inference, Additional buying permitted by foreign investors = 3,61,33,279 Shares i.e. 12.712% of total o/s shares can still be bought by Foreigner Investors