As per NSE site retail portion subscribed by 7.67 time. I made 32x12 = 384 shares via ICICIdirect.com but allotment is Nil. Pl share allotment ratio. Shall I represent SEBI?
Whosoever has got the allotment of share , please do not sell even a single share of this company . The company is in diversified agri-business ( animal feed , oil palm , crop protection , food , dairy and life science ) . Just imagine the potential this company has in India . This is a very niche business and they are well known in the industry. I dont have any target for this stock .. All i know that this stock will create your wealth if you keep it for long term .
Happy investing Guys . Let me know if anyone of you are interested to know future multibaggers .
i applied several time but no allotment , now 1st time got 1 lot in my life . so i am thinking ,hold for life time ... its correct decision or not pls. suggest .
Guys, I need help I had applied to this ipo on last day through axis bank... however, it''s still showing status as "processing". It seems that my application was not successful... but money is still blocked. What should I do?
1099. BullOverBear| Link| Bookmark|
October 13, 2017 10:36:43 AM
Top Contributor (300+ Posts, 100+ Likes)
Though lot of negativity on table for this scrip, without debating on it, let me put some positive points
-Its diversified portfolio, spread well across segments, thus risk divided, with proven track record of years -Growth seen substantially in it’s “agri -segment” since last two years, due to PM’s agri insurance scheme. Health insurance is next. - Further this is reinsurance business, and such stellar show is worthy, even overall growth may look stagnant - its displaying strong position after entry of such aggressive competitors over year - Presence outside India with tie-ups
On subscription figures, REMEMBER THE SIZE OF IPO and hence the money to flow-in for one time subscription in each category -Also there had been queue of IPOs upfront which absorbed some amount - HNI/NIIs generally comes afterwards at EOD of last day, after yesterday''s Godrej allocation this point have higher weightage - DII can even buy later-on in such assured business, fortunately QIB filled on Day-1 (whatsoever reason discussed) so others are going to fill their portfolio with this in due course of listing. Such stable profit giving scrip could not be ignored in MF portfolios.
In my opinion, these points are enough to justify that there is nothing wrong in applying at least one lot per account as we do for other IPOs
1099.1. MickeyP| Link| Bookmark|
October 13, 2017 10:44:49 AM
(300+ Posts, 500+ Likes)
Dear BullOverBear, I believe you are talking about GIC and posted this in Godrej Agrovet...
1099.2. BullOverBear| Link| Bookmark|
October 13, 2017 10:47:22 AM
Top Contributor (300+ Posts, 100+ Likes)
Please ignore, above msg, its meant for GIC
@ MickeyP: yes this happens sometimes when we switch pages while typing in msg/comment box
1099.3. BullOverBear| Link| Bookmark|
October 13, 2017 12:00:51 PM
Top Contributor (300+ Posts, 100+ Likes)
Unfortunately, after here I posted this msg thrice (after intervals) on GICRe but its not reflecting there. However all my replies to others'' comments are being posted there. SURPRISED with this behaviour. @ ADMIN @ MODERATOR - pl lookin