Since its all electronic, those applications having same PAN would automatically get rejected. You still have time to cancel the subscription (electronic wuld be easy with just a click).
My application submitted (2 lots) via ICICI but showing as ''offline'' and money not deducted from account. My pan card status showing as ''pending''. This is my first time applying online.
When listed peer like Future retail who is not big and profitable like D-Mart is trading at PE multiple of >100.Why D-Mart promoters are throwing in their shares at PE multiple of only 50? Any catch or mistake in my calculation?
The 3rd tranche of *CPSE Exchange Traded Fund* FFO managed by Reliance Mutual Fund with issue size of *2500 Cr* will open for retail investors from *March 15 and will continue till March 17*.
An upfront *Discount of 3.5%* would be offered to all category of investors.
This CPSE ETF comprises scrips of *10 PSUs* : ONGC, Coal India, IOC, GAIL (India), Oil India, PFC, Bharat Electronics, REC, Engineers India and Container Corporation of India.
The fund-raising will help the government towards its Rs 56,500-crore disinvestment target for the current fiscal year.
The government had raised Rs 6,000 crore through the second tranche of CPSE ETF in January 2017 and Rs 3,000 crore from first tranche in March 2014.
2nd tranche in Jan.2017 was oversubscribed over 3 times - proved a profitable investment for investors and listed at a premium.
CPSE ETF was originally managed by Goldman Sachs MF, which was acquired by Reliance MF in October 2015. Finance Ministry in September gave its nod for the transfer of management of CPSE ETF to Reliance Mutual Fund.
Apart from the existing CPSE ETF, *Government has already appointed ICICI Prudential Mutual Fund for managing the second CPSE ETF*.
Seeing the GMP shared by EagleEye madam, it seems that DMart listing price could be around 550.. If you are lucky and get allotment, I would suggest you to hold it for long term. Don''t sell it on listing day or as soon as it crosses your target selling price. ASL promoter Mr. R K Damani himself is a renowned investor. So we can expect good dividends (though dividends purely depends on company performance) and bonus shares in future. If you can, hold it for long term, say 5 years...
767. Eagleye| Link| Bookmark|
March 9, 2017 9:46:41 PM
IPO Guru (6600+ Posts, 21900+ Likes)