This REIT IPO most brokerages houses given adverse view.A big IPO of 4000 Cr substantially subscribed in NII more than 10 times .It shows this real estate conglomerate have good quality promoter and good business.Real state space will be again in remain demand.
87.1. G J| Link| Bookmark|
February 5, 2021 3:22:22 PM
IPO Mentor (1600+ Posts, 400+ Likes)
You won''t as UPI is not allowed in this IPO being an NII/HNI application only. You had to apply from the ASBA route only, which must be closed for all the banks given the time crossed 03.00 PM.
87.2. Lokesh Chiru| Link| Bookmark|
February 5, 2021 3:26:37 PM
Top Contributor (400+ Posts, 300+ Likes)
REITs are not listed in zerodha. U have to apply through bank ASBA only. Even cutofff for most banks might have been over by now.
Out of reserved quota of 4.16 crore QIB QUOTA , shares applied by Mutual fund investor are 2.36 Crore = (1.73 crore in NSE) + (61 Lakhs in BSE).. And Mutual fund investors are the smartest investor to rely for. So I am applying for 1 lot...
Hi, LIC page is not opened. So posting it here. 1. Understand LIC policy holders are given 10% allotment. So what is the cheapest one time premium policy to become policy holder? 2. Which has more chance of allotment - RII or policy holders?
If the Lic policy holder gets some discount it will be worth. But here govt is not giving any discount to it''s policy holder what the sense of reservation. In this ipo everyone will be getting the allotment. So the reservation is just brain washing of the people.
almost 90% of the insured person in India is LIC policy holders. even most of the Chittorgarh.com boarders have at least one LIC policy. So most of us will get a chance to apply in both retail as well as policyholders category. Moreover the issue size will be around 50000 Crore plus.