*Bharat Dynamics IPO* *FINAL DAY SUBS.FIGURE AT 05:21 P.M.* QIB 1.50X** NII 0.50X RII 1.38X EMP 0.40X TOTAL 1.29X **Excluding Anchor Total No.of FORMS : 1,80,562 *Apps Wise : 0.82X*
184. Rkg| Link| Bookmark|
March 15, 2018 4:52:37 PM
Top Contributor (500+ Posts, 200+ Likes)
There is an army of so called financial experts in Disinvestment deptt , finance ministry , banks , etc. And they can not price an IPO satisfactorily. May be this is because their whole energy is spent in planning for frauds and loot the nation.
Hey! Just one lot? I guess you are talking about the BPL families ..no? ...IMO, the Normal savings, chequing, current accounts etc should be deducted for minimum 03 lots if not more ..
Still there is so much left to divest ....LIC should ideally stop collecting policy premiums as an intermediary....It''s annoying for both, the policy holders and policy makers ....There should instead be a separate ''Nation Building Escrow Account'' where LIC policy holders could directly deposit their premiums ....and such money should be utilized for divestment IPOs without the interference of exchanges, registrars etc...
Such escrow account can be opened with any trustworthy institution...Any ..May be PNB? Aah! Yes..
181. P M| Link| Bookmark|
March 15, 2018 3:53:02 PM
(1100+ Posts, 1100+ Likes)
How do they handle unsubbed portion of particular categorie/s in general? Do they distribute to remaining oversubbed categories in proportion? Any formula/method for same?
I think the HNI and Employee portion may remain undersubscribed at the end.Even employees are not trusting PSU IPOs.
Long list of 6-7 IPOs and none of them is guaranteed for 5-7 % listing gain.
Everybody wants money interest-free.If all this Companies had borrowed money from banks or NBFCs , they have to pay approx 10% interest and still not willing to enrich investors even at tiny 5% listing gain.(& 5% saving comparing to interest rate ).Regret to say Here Govt. is also not an exception whose foremost duty is to take care and provide financial security to citizens.
True, all those retail investors who have been not been buying these super expensive government IPOs are all anti nationals. One after another PSU IPO''s have flopped but it makes no difference to the promoters. They are here to milk us ......irony is we own these assets by paying taxes through are noses and these same assets are being sold to us at unreasonable prices.
Now that Aadhar has been linked with DMAT accounts, ''THEY'' <---- should identify and punish those who have been applying private Cos IPOs while ignoring such patriotic themes of disinvestment ....DEFECTORS :X