Everybody here talks only about listing gains and flipping.. Will anybody give any perspective on longer term holdings?? Say for 1-3 years... I bought ICICI Pru Life in IPO@334. Majority on these boards told to sell and move on.. only a few said hold for 2-3 years..I am glad I held them. So any longer term view on CDSL?
Even i am holding also ICICI pru life till date and will take call after 6 month for retaining. CDSL will be also expected in GMP of 10-20 (ppl are saying more than 50-100) but we can get same GMP that if hold for year
If not allotted then Can we get refund and again utilise this money in AU FINANCE As CDSL approx refund date is showing 29 And AU FINANCE last date of application is 30
Stock will fly to 250. Float is only 33% and FII limit is 24%. Foreigners will happily buy in open market now, else will have to pay huge premium if stock goes into FII limit category.
CDSL has allotted a total of 10.3 million shares to 15 anchor investors at Rs149 per share. Institutional investors who participated in the anchor book allocation included FIL Investments (Mauritius) Ltd, ICICI Prudential Dividend Yield Equity Fund, HDFC Standard Life Insurance Co. Ltd, IDFC Equity Fund, HSBC Indian Equity Mother Fund, Axis Mutual Fund, IIFL Special Opportunities Fund, Abu Dhabi Investment Authority, and Goldman Sachs India Limited.
ON 19th JUN APLY THIS IPO FROM NET BANKING WITH YOUR DMATE ACC. AND PAN. IF YOU ARE LUCKY THAN YOU CAN GET ALLOTMENT.
291. Eagleye| Link| Bookmark|
June 12, 2017 9:08:32 AM
IPO Guru (6600+ Posts, 21900+ Likes)
FINAL
CDSL IPO – Schedule – Page #496 of RHP (FINAL)
16th June – Anchor List 19th June – Offer Opens 21st June – Offer Closes 29th June – Finalisation of Basis of Allotment 29th June – Unblocking of ASBA 29th June – Credit to Demat Accounts 30th June – Listing on NSE (ONLY)
CDSL IPO – Issue Information: (FINAL)
Issue Opens on: 19 June 2017 Issue Closes on: 21 June 2017 Issue Type: Book Built Issue IPO Issue Size: 3,51,67,208 Equity Shares Face Value: Rs 10 per Equity Share Issue Price: Rs.145 – Rs.149 per Equity Share Market Lot: 100 Shares Listing At: NSE (Only)
Equity Shares outstanding prior to the Issue = 10,45,00,000 Equity Shares Offer for Sale of 3,51,67,208 Equity Shares @upper price band = Rs.523.99 Crores Equity Shares outstanding after the Issue = 10,45,00,000 Equity Shares
If NII Category oversubscribes by 545 times, break even price at 6% interest works out to be 262. Am I correct Eagleye? if yes, I think this will become another HUDCO where all HNIs who have to pay 6% interest incurred losses.