Sonam Sinha,MBA in finance, Delhi August 4, 2018 at 11:27 pm
I would consider the offer at upper price band to be very very reasonable.. The grey market premium is hovering around Rs 560 and indirectly hints at listing would be at Rs. 1100+ 560= Rs 1650/1660. I would estimate listing day opening range to be around Rs. 1550 /1650 ( higher probability of Rs. 1650) and on listing day itself, by afternoon session, it may scale up to Rs. 2000.
Reliance Nippon might not be the best governed company. That said, it has Nippon as a strong promoter. There will be significant gap in the valuations of the 2 companies post HDFC listing. RNAM could be a very smart way to play HDFC AMC listing gains. I Expect at least 10-15% gains in RNAM on Monday.
Has anybody who applied on line through icicidirect got the shares credited to their demat accounts, for that matter on line through any other bank demat accounts ??
Now sh. Are cerdited to my zerodha account . And I can see them in my holding. But value is nil... Is it compulsory to put the Pur. price manually in zerodha. Or we can well without putting the Pur. Price..
...trading will start only at 10 AM ....so your order will be accepted only thereafter ....better wait for sometime & let the sanity return ....before buying ....on a dip ... !
Some share holders of HDFC LTD haven't allotted any shares of HDFC ASSET. On enquiry form Karvy, they are stating that allotment was lottery based. I don't think so. Some thing is wrong on this statement. If basis of allotment for share holders qouta is available, please forward it.