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July 18, 2018 10:47:53 AM
Top Contributor (300+ Posts, 200+ Likes)
There is lots of fancy for the HDFC AMC IPO even at premium price of Rs 1100 for a Rs 5 share. However Reliance Nippon AMC, the first moover in the same business is languishing below it's IPO price of Rs 252 now around 221. Will some knowledgeable forum members explain their views? Thanks.
सिर्फ hdfc का नाम होने से हम 5 रूपये के शेयर पर 1300/- से ज्यादा प्रीमियम देने को तैयार है ये सिर्फ 500 करोड़ कमा रही है सालाना और रिलायंस के 10 रूपये के शेयर का भाव 1100 के आसपास चल रहा है जो 50000 करोड़ कमा रहे है कितने भोले लोग है हम
Aflee Holdings files DRHP with sebi. Issue size is 550 crore. Issue price may be fix at Rs.1000/= It is Singapore based company. Microsoft had a small stake in the company. So huge subscription is expected. Foreign company so market fancy will be high.
HDFC AMC IPO: Good IPO. Apply with full force. Past performance of HDFC group companies are excellent. It will oversubscribe by 2.5 to 3 times in Retail. Shareholder category will also oversubscribe. It is advisable to apply one lot per application. Existing shareholder of HDFC don't want to miss this opportunity. It may possible in shareholder category it will subscribe more than Retail category. I have experienced in ICICI Prudential IPO, where Retail investors got almost full allotment and shareholder got few allotments. Please monitor subscription nos. closely to make decision in which category to apply Retail or Shareholder.
Dear Uchit Patel HDFC LIFE Shareholder quota subscribed 29% ICICI LOMBARD 99% ICICI SECURITIES 34% SBI LIFE 38% ICICI PRUDENTIAL 12.2 TIMES (Retail 1.42 times) Recently except icici prudential all others subscribed below one time. Hence if any one applies shareholder quota who can fill 1.8 lakh for shareholder quota and minimum lot in retail category. Both together will not exceed 2 lakh. Both bids are valid. If shareholder quota subscribes like icici prudential then you may get one lot and retail quota (my expectation is 3 times) you may get one lot by lottery.
Record date is 14.3.18. Record date is closed. I dont know any change in record date. Eligible shareholder quota for record date is 14.3.18. That too only for HDFC Shareholder. You cannot apply.
Dear Soni Yes you are correct. Market crazy and fancy is there in this time. So it will subscribe heavily in shareholder quota and retail quota will subscribe all time high application or near by Reliance Power.
Retail 5,97,088 forms eligible for allotment. It easily cross 18 to 20 lakh forms. So 3 times application wise. So allotment is tough. You cannot make money like bandan bank.
Atleast 2x will be subscribed in retail if I will compare it Bandhan Bank. Bandhan bank got 10L applications in retail. If all retailers of Bandhan bank will apply in this IPO, it will be approax 2x.
Dear Ankur It will cross 20 lakh application because HDFC LIFE performed well and market is all time high and grey market suggest 35 to 40% premium. HNI will subscribe above 100 times even issue size is big.
HDFC AMC IPO I do not think the retail portion will be more than 2 times subscribed. The main reason for this is that the share holder quota will be subscribed more. and more applications will be taken.
What are the chances of oversubscription in shareholder category? Does it make sense to apply almost fully, say abt 1.9 lac worth appl in sh category or no point in blocking so much
I believe the price band has been fixed at 1095 - 1100.... So considering the quantity you are short already, exiling looks like the most viable option to me....
Those who hold HDFC shares as on 14-03-18 can apply under share holder quota. They can also apply under Retail/HNI quota. Those who bought HDFCS shares after 14-03-18 are not eligible to apply under shareholder quota. They can apply under retail quota/HNI quota