Bid/Offer Opens On: 19 June 2017 Bid/Offer Closes On: 21 June 2017 Finalisation of Basis of Allotment: On or about June 29, 2017 Initiation of refunds: On or about June 29, 2017 Credit of Equity Shares to demat accounts: On or about June 29, 2017 Commencement of trading of the Equity Shares on the Stock Exchanges: On or about June 30, 2017
Technically both are same but there is difference saying as Cut-off and applying at 149. I am also not sure about this. Experts, please enlighten us here.
149 - is a price specific bid whereas ''cut-off'' bid means the applicant will be considered for allotment for any price arrived after book building. It can be anything from 145 to 149. For the CDSL issue, the cut off price is same as the top end of the price band as maximum bids are received at 149
170 times isn''t in Retail where as you and me belong to retail and hence we are concerned about retail subscription only. Moreover we should only check application wise subscription not general subscription of entire category.
Can someone tell the probability of getting allotment for retail investors ^^ allotment? for retail investors ? Hey! Are you slyly insulting Link Intime? ..
PS: In such heavily subscribed IPOs where ''Link (Not) Intime'' is the registrar, people should go ahead and check to see if the RETAIL INVESTORS who got allotment truly exist. Link Intime was incorporated to REJECT applications and not for allotting shares, I mean Charity.
If anyone gets allotments than advisable to keep it in portfolio. Who don''t get may even consider buying on listing. CDSL will give handsome & steady returns over the long term. For Capital Market believers it''s a must have stock.
Dmart gmp hover around 220 level and it listed at 300 rs premium...due too hudco...cdsl is suffering in grey market....NII cost is around 100 rs...listing is not in question allotment is lottery...
I am maintaining SB A/C with HDFC, and Bank of Maharashtra and having DMAT A/c with CDSL Can I apply for IPO online through ASBA and if yes pl some one communicate me the link or procedure Sbudhe
I expect 40-65% listing gain. But don''t expect further gain after few days of listing. In the past, we have seen IPO with grand listing and now many of even trading less than the IPO price with few exception. I doubt whether CDSL will sustain double digit growth in near future.
CDSL poised to grow 15-30% on revenue terms. 1. Investor base in India is quite low to compare to Developed Economies & other Emerging Economies. More Indian will come to mkt & DP will be needed, so long term growth is visible. 2. More Co''s are getting listed & listed Co''s expanding their investor base. Fee Income poised to grow significantly. 3. Digital India may be game changer for CDSL(Hypothetical). 4. Only two players in Business, nearly Monopoly & entry barrier business. 5. Proxy play to Capital Mkt success story.