Thank you vipul bhai.lekin application kisi deni hai IPO ki ya alag se deni hogi. Sbi cap ke call center wale mana kr rahe the.or bank wale yes keh rahe the. Aap ye kehna chahate hai ki IPO form offline fill karte time usme pan no. Mataji ka or bank a/c mataji ka likhu.
yes....Offline form se IPO apply kare.....uss form me demate ki sari details aapke mata ji ki and bank details me aapka name bank na name a/c number branch aur signature fill kariye.....Bank me sirf inform karna reha hai ki mere saving a/c se mata ji apply kar rahe hai......to bank amount block kar payega.....writing me dena hoga aapko bank me
Go online in your bank account and click investment and than fill ABS Form and fill your friend Demat account details like ...NAME Demat account type, Clint I''d, mail I''d and other column. Than u can apply
GMP does not matter I think. We saw RPower case in 2008 and very recent ICICIPruLife case that all this vanish on the day of listing. So only subscribe if you think there is value and the company has a future. If you are only going for listing gains, at 40PE, this could even list at lesser than 299 (ICICIPru listing at 8% discount to sale price). So if you are a long term investor (sleep over the shares for 2-10 years), this is the one for you. You would buy it at a later stage too along with applying now.
Don''t behave like a kid. If u think it vil list below issue price than i advice u to sell it in kostak as many buyers r waiting. And if u know everything than please don''t misguide all investors
On an avg, Retail portion is subscribed for 2000cr. In this case, retail has 35% allocation which s around 600+ cr. So this shud be oversubscribed by atleast 3 times in retail segment. If too many hungry investors are back, this could be 6 times oversubscribed. Unless this goes the RPower way in which retail portion was oversubscribed 14+ times, I would think that it would be the range of 3-6 times oversubscription in retail segment. So we shud expect to get from 30K-60K worth shares
News D-Mart operator''s IPO to open on March 8, price band Rs 290-299.
Share: D-Mart operator''s IPO to open on March 8, price band Rs 290-299 Font Resize: A A
Radhakishan Damani promoted-Avenue Supermarts, the owner and operator of supermarket retail chain D-Mart, is set to raise Rs 1,810-Rs 1,866 crore by offering 6.23 crore shares priced between Rs 290-299, say merchant bankers to the issue.
The issue will be open for bidding from March 8 to March 10.
× Avenue Supermarts has reserved 1.87 crore shares for anchor investors'' book, 1.24 crore for qualified institutional buyers, 93.59 lakh for non-institutional investors and 2.18 crore shares for retail investors.
Grey market brokers say that the issue is quoting at a premium of Rs 170-180 in the unofficial market.
In its draft prospectus, the company had said that a large chunk of the funds raised through the issue will be used to repay debt.
D-Mart operates close to 120 stories, most of them concentrated in Maharashtra and Gujarat.
As of March 31, 2016, the company had a topline of about Rs 8600 crore, and a net profit of about Rs 320 crore, translating into an earnings per share of Rs 5.72.
The company’s earnings have been growing at 31 percent compounded for the preceding two years. Extrapolating that, the company is expected to report an earnings per share of roughly Rs 7.6 for this financial year.
An issue price of Rs 300 would mean a price earnings multiple of roughly 40 times estimated FY17 earnings.
Equity shares issued through public issue are proposed to be listed on both exchanges - BSE and National Stock Exchange of India.
Kotak Mahindra Capital Company is a global co-ordinator and book running lead manager to the issue. Other book running lead managers are Axis Capital, Edelweiss Financial Services, ICICI Securities, Inga Capital, JM Financial Institutional Securities, Motilal Oswal Investment Advisor and SBI Capital Markets.