If i want to apply for more than 2 lac, should I be applying in the NII category ? which is better apply in Retail for less than 2 or apply in NII for above 2 ( better in terms of probability of credit )
The company allotted 1.57 crore shares to 34 anchor investors, it said in a notice to the stock exchanges on Tuesday. It issued shares at the upper end of its IPO price band which has been fixed at Rs 355 to Rs 358 per share. Government of Singapore, Kuwait Investment Authority, BlackRock, Nomura Singapore, HSBC Global Investment Funds – Indian Equity and Wells Fargo Emerging Markets Equity Fund are among the anchor investors. The company is looking to raise up to Rs 1,912 crore by selling up to 21 percent post-issue stake.
158. COMMONMAN| Link| Bookmark|
June 28, 2017 2:24:19 PM
Top Contributor (200+ Posts, 200+ Likes)
Septa Sir... Are You Applying This IPO.. Is It Worth Applying ? Are Advise Would Be Enough To Decide..
157. Pokemongo| Link| Bookmark|
June 28, 2017 2:13:01 PM
Top Contributor (400+ Posts, 300+ Likes)
better buy ujjivan at 300 then buying this at 360!
A day ahead of its IPO, AU Small Finance Bank has been placed under the caution list by the Reserve Bank of India to monitor the foreign shareholding of the company which is hovering around the permissible limit of 49 percent.
Dear investors think twice before you invest your hard earned money.
RBI has implied restriction on the buy of this IPO unless AU small Bank takes approval from RBI regarding foreign holding of this bank which more than 49%. check below the link posted by rsk -------------------------------------------------------------------------------------------------------------------- 149. rsk Jun 28, 2017 8:18:57 AM IST I Like It. 2 | Report Abuse Reply IPO-Ready AU Small Finance Bank On RBI’s Caution List
148.1. gamble| Link| Bookmark|
June 28, 2017 10:32:32 AM
(1600+ Posts, 3900+ Likes)
Actually This rate is low compared to gmp quoting. Consider if 14-15L forms(very high estimation i expect 10L) 4.48L forms for 1x in rii(1 wil get in 3 app)
Kostak 900 then they will get* 41 share for buying 3 app i.e in 2700 rs.
If open as per Gmp 90 i.e for 41 share ==3600...net profit 990 rs without paying a single penny.
If open even 70 plus then also 375 rs profit..
They can alwase multiply this profit by buying more account in kostak.