Do not subscribe...price is aggressive, bank became profitable just before the IPO. Who knows what skeletons are there in their balance sheet. Remember PMC saga and stick to quality banks
Listing premium depends on market conditions. If market is negative,, listing will be not in our favour. Premium get zero. Keep this in mind and apply IPO. Good luck.
Hdfc life issue was 8695 crores.and gmp was 29 till last day...even i applied half of capacity which was 23 demats.gmp dosnt matter...companys business and quality of stock matters.
Csb Gmp 65-70 All the guys spreading rumours of zero primium on listing day....absolutely non sense.this kind of small issues dont get that kind of paniced.if issue of size like Hdfc life 8000 crore it was then u can bark.even hdfc sailed through on listing day.
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November 22, 2019 4:46:12 AM
IPO Guru (1800+ Posts, 10200+ Likes)
SBI Cards & Payment Services, the country's second largest credit card provider, is all set to file its draft red herring prospectus (DRHP) early next week and move towards launching the first domestic initial public offer (IPO) by a pure-play credit card company. The Gurgaon-headquartered firm is a subsidiary of the State Bank of India and its IPO is all set to raise around Rs 9000 crore, making it the biggest listing yet in FY20. - Moneycontrol.
hello mr, harit can you tell me more about share holder category? and if i buy sbi share monday so will i eligible for it? and how it works? i can fill retailer and share holder category both? can you please explain me this thing?
but are you sure this quota is applicable on sbi share holders? did sbi do this previous times? any experts please all reply are welcome please tell us about this share holder category.
Mostly parent company allocate some amount of shares for existing shareholders when subsidiary co.ipo come It will applicable in jio(RIL) HDB(hdfc bank) But right now one should buy 1 share each of above Co. Nothing to loose