QIB portion 5.1288 times Non-institutional investors 1.1434 times Retail Investors 0.9752 times Employees 0.7862 times
Wondering why employees did not exhibit confidence????? A big question mark? Forget about that QIBs only rule the market and not the retailers and employees.
Next is pricing of the share. Experts opine that the pricing will be in between say around Rs.525 or so. We have to wait and see. Most of FIIs/MFs would not have missed this opportunity. I am seeing yet another Reliance Industries in this stock. Promoters will be able to manage any situation - it is very very evident by this issue. All the best Guys.
Oh, its gone upto .92 in Retail. If its not overscribed in retail, i'll get 360 shares. Lets see. Lot of good institutions all over the world applied, thats what i heard.
3.47 times now. Two major issues come immediately ICICI and BEML. They will evaporate the liquidity in the market especially at the same period when DLF listing takes place. We should be happy if the listing is at a premium of 5% to 10%. I have applied for 100 sahres.
"The institutional portion of 104.4 million shares received 5.2 times the offer, while the retail portion was bid just 0.7 times but could inch up when full details get in, the banker said."
Also, guys who want to apply IPO for "longterm" has to look at the growth of that company and whether it's along with India's growth, cos, we're still developing country. And if you see the sectors, Infrastructure, Telecom are having vast opportunity. Dont go by someone telling in your News channels / websites. Think of yourself.
All The above statement is for newcommers only, not to hurt anyone who's there in the market for longtime.
I thank all of those who created panik in this forum and in moneycontrol.com and in public, not to buy DLF IPO. Whoever applied, they'll get good alootment.
Simple theory: Stock Markets are not working based on facts. It works based on a companys fame. If markets work on facts, think of how come Google will sell @ $500/share and Microsoft, Apple, IBM and Oracle sell at less than $100/share. So, enjoy guys.
The DLF listing price will now pretty much depend on the share price of other real estate stocks at the time it lists. So keep your fingers crossed that Unitech, Parsvanath etc keep going up. Also hope that interest rates remain unchanged. The likely price for DLF is going to be Rs 500 a share and will open at Rs 570.
ICICI IPO to open on 19th June to 22nd June. A big game is going on with a strategic placement of big ipos with hidden agenda. SEBI should look into this. Basically, might be intended to avoid Retail subscription.