When v r living in technology driven world...Why the Registrar is taking 1day each of all the below three events: 1.Allotment 2.Refund 3.Credit of Shares
Can''t the whole IPO Process ( from Bid open to listing date)....??
@ Bhavin Vavadiya....... Thank you so much Sir. Now i understand Every Thing.
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October 17, 2017 10:42:36 AM
IPO Mentor (800+ Posts, 1100+ Likes)
In case GIC finalises issue price @ 912, some bid applications by retail category will be rejected
it means more than 80% shares will be allotted to QIB. QIB will not sell shares on listing day in case there is locking period for them.
so only 20% shares are tradeable. In case any other mutual funds make purchases, the listing may surprise and we see 1000+ price on listing day itself.
In case issue price is set @ 855, retail investors will get at 810/- per share.
It may not have huge listing gain but we can expect reasonably good gains(~10%) on listing day. LIC has applied heavily in this issue. Downside to this issue very limited. WIth the kind of money inflows into MF nowadays, GIC could fetch good returns even if we hold for a medium/long term.
Are Bhai Simpale 45 Discount Hai... i Will Explain : Per Share Price = 912, Discount = 45 , Lot Size = 16 So, (912 - 45) * 16 = 13872 Total you Pay... I think u Understand.... Thanks.
Most probably discovered price will be 912 will be only . In all probability ur app is likely to be rejected at u hv offer to buy at 855/- 855- 45= 810 amt blocked. Request to understand the process before applying. Do not go by simply mes board. You may miss out good issues.
As per subscription data RII +NII+EMPL = 2.61+0.40+0.14=3.03 Crore shares will be allot to General category. Others will be on locking period. So hope that not much pressure on sale side. If panic selling happen on RII side than it may be down on and after listing but maybe on closing with positive side on listing day.
An anchor investor refers to a qualified institutional buyer (QIB) who applies to invest in a company going public a day ahead of the issue opening. In 2009, SEBI had first introduced the concept of anchor investor in public issues. The key difference of QIBs investing in the IPO and those coming in as anchor investors is that, the latter are not bound by proportional allotment if the issue is oversubscribed but they have a share lock-in period of 30 days from the date of allotment in the public issue.
In SBI life case, even a delivery based sale of 1 lac shares is not absorbed and price goes down. In this case more than 2 crore shares are to be allotted to Retail investors. Hope Company circle has some dedicated investors who should absorb any delivery based sales. At least price should not go below issue price.
I had not applied. But its true tat on 2L appl there is strong buyer at 4500 to 5000 . As 1 of my friend also sold 3app at 4600/app. I missed the opportunity bcoz of bad reviews . But now the days cmes near its gmp vil rock???? n tat is confirm news .
So people who already subscribed full app they vil enjoy profit around 8 to 9k easily if not sell in kostak .and i forcefully recommend to all who applied not to sell in grey as there is a chance to make profit in 5 figures.
Good luck to all???? Eagleye,gamble ji ,arjun ji and many experts pls focus on this and reply as m right or wrong .
My broker told , one mumbai cartel already took responsibility to list GIC above issuing price. Is it true ? if yes, why they need to do ? My brokered told , they cornered huge chunk of retail shares by buying the applications in kosthak . More insider information welcomed.
I am stuck in aditya birla capital 500 shares @ 210 and bse limited 100 shares at 1100. How much time i have to wait to recover my cost or book losses?? Ab capital at 180 n bse at 980 now. Any expert advice.
Best Case Scenario, BSE shall touch 1100 on 7th November 2018. Definitely Hold don''t sell. Can''t comment about AB Capital because chart data are too less to do some technical analysis This is my personal opinion only