Subscription is not good. only domestic investor has subscribe. it may be possible that only LIC have subscribe the issue. you can get Live subscription from google search.
IPO Opens on : 21 March 2018 ( Tentative) IPO Closes on : 23 March 2018 Issue Type: Book Built Issue IPO Issue Size:64,428,280 shares of Rs. 5 each through an offer for sale including a reservation of upto 3221,414 equity shares for purchase by the ICICI Bank shareholders and the net offer shall be 61206,866 shares Amounting to Rs. 7589.65 Cr. Face Value: INR 5 per share Price Band: Per Equity Share: INR 1215 to 1240 Minimum Order Quantity: 12 Shares (tentative) Min. Application Amt for RII : INR 14880 Listing will at: BSE,NSE
20 March 18 – Anchor List 21 March 2018 – Offer Opens 23 March2018 – Offer Closes 28/29March 2018– Finalisation of Basis of Allotment 29 March 2018– Unblocking of ASBA 30 March 2018– Credit to Demat Accounts 2 April 2018– Listing on NSE & BSE
QIBs 0.50X NII 0.02X RIIs 0.29X Employee 0.09X Total 0.35X
82. P M| Link| Bookmark|
March 14, 2018 10:31:46 AM
(1100+ Posts, 1100+ Likes)
------- Strategy ---------- One may take chance
1. Good company can hold for long term 2. Chances of listing in discount is low as issue price not streached 3. Atleast 5-7% gain expected after listing (including discount) 4. Even if not major listing gain, one may get chance to exit above issue price 5. Also on last day one has chance to widraw application viewing subscription figures 6. Stoploss around 390
ALWAYS TAKE DECISION YOURSELF RATHER THAN BLINDLY DEPENDING ONLY ON OTHERS VIEWS
There are small percentage of forum member who have access to grey market for Kostak and share selling. They will almost always apply if they see transactions happening in Grey market. The only decision after applying they will then need to take is to whether to keep the application or sell it in grey market.
On the other hand there are significant larger number of members who do not have access to grey market at all. They are mostly looking for listing gains.
The first category will still earn some money by selling in grey market even when there may not be any listing gains but second category will not get anything and may be stuck in the IPO bought stocks if it doesn''t list above issue price.
So please note that different forum members may have different objectives and reasons for applying in IPO and act accordingly.
76. Aniketiaf| Link| Bookmark|
March 13, 2018 8:59:30 PM
IPO Guru (1800+ Posts, 10200+ Likes)
GMP of BANDHAN Bank is 26-28 GMP of Bharat Dynamics is 3-5( very few activity reported) In HAL , NO GRAY MARKET ACTIVITY IN TATA CHAND 7000 ( Subject to )
If anyone thinks that this is good investment Please wait for 30th March, You might have 10℅ discount I m not applied this ipo for sure But If someone give me offer for GMP I will rethink last day