I: Market regulator Sebi is considering cutting the number of days taken for listing of a company’s shares on the domestic stock exchanges from the date of closure of its public offering to T+3 or three working days from T+6 or six days at present. The guidelines regarding the same are likely to be finalised by January 2018, ET Now reported. Eventually, the aim is to reduce the listing time to T+1, the report suggested. Earlier, the average time taken to list a security from the day of closing of the initial public offering ( IPO ) was 22 days.
HDFC Life has got a firm allotment to be made to the retail investors. Still that is not coming out.
Always keep in mind while criticizing the retail investor for their ignorance in subscribing to steeply valued insurance IPOs. The fact of the matter is that, these are the Companies with which they have insured their LIFE itself by buying policies worth lakhs and crores with their hard earned money. The loss is in the IPO is minuscule compared to their investment in insurance with them.What is at a loss is the loyalty of their insurance customers. Definitely the memories these IPOs will linger since the markets are at an all time high and what treatment the investor got from them.
550.1. PSR| Link| Bookmark|
November 15, 2017 9:37:46 AM
IPO Guru (1200+ Posts, 700+ Likes)
Allotment is fore gone conclusion.
All the RIIs, whose applications are in order, are getting to the extent applied for.
when it is coming to HNIs/NIIs they would be getting around 46% of the shares applied for.
No QIB follows this web-site, however their allotment too would be proportionate.
All insurance companies should insure their insurance IPOs to ensure that uninsured investments like equity should give assured returns at least to retail investors.
HDFC लाइफ की लिस्टिंग नजदीक आ रही है और SBI लाइफ गिरता जा रहा है ये उन लोगो के लिए है जो कह रहे थे की HDFC का नाम तो है अच्छा ग्रुप है ये ही बात SBI पर भी लागु होती है पर INSURANCE शब्द का कोई INSURANCE नहीं है
i did not apply to any IPO from past 2 Months... Last IPO I applied was Cochin Shipyard in which I did not got allotment.. Infact, I did not got allotment in last 4 months.....(I am applying to IPO from 1989 prior harshad metha period, I got allotment of original HDFC Ltd as my first allotment at 12.5/ per share whic I sold in 2008 run after 20 years of holding)..
As per my limited knowledge whoever got allotment in recent IPO should book losses.. esp in Insurance sector...as price will go to less then 50% in next 3-4 months... Plz Don''t buy at any cost... market will crash gradually... I sold my all equity and only I having 200 shares of Yes Bank, which are free for me.. Plz collect your money and go to sleep.. If BJP looses in Gujarat market will correct by 15-18% if it wins ten also market will correct by 7-10%, as win will be by narrow margin.. risk reward ratio is not at all favorable... Only one buy... If one get HDFC Standard Life below 150/- , buy it for 5-6 years for quantum leap... any price above 150/- is avoidable for long term investor... because this share can see this price in next 6 months...
@Cool Sunshine ... every thing is possible... this is share market... I had seen Unitech rising from 50 paise to 2000/ in one go (i split original share) from one freezer to another.... I saw BHEL trading at 15/- and crossing 1600/- within one year in 2008 and again at 90/- planning to come down below 50/-...
You can see it happen within 2018... Remember these are big giants... so even punters need dum to lift them....
At present all these companies unite and lift market to sell their stake and GOI help them... LIC is the biggest culprit in manipulating market.... wait and watch....
546.4. dpcdsl| Link| Bookmark|
November 14, 2017 11:49:45 PM
Top Contributor (400+ Posts, 200+ Likes)
Your rate "pattern" not correct. You are ignoring split to 5 from 1 and bonus for BHEL.
546.5. Khemka| Link| Bookmark|
November 15, 2017 8:38:21 AM
(1000+ Posts, 400+ Likes)
I agreed with pattern very much ,even i bought hdfc bank at 25 rs in 1997.
Hmmm ok. HDFC life comes in the same category as Unitech & BHEL.
Great....I believe u "Patterns & Khemka" and readying myself to buy a significantly large no of HDFC life shares even if it goes below 230--240 and cant even say my willingness to buy how large a stake, if it goes below 150.
Unless overall market has a major fall/crash, the HDFC life will remain +/- 5% range for a reasonable period after listing and with this I rest my case.
Patterns is right. Most of the expensive IPOs which were sold out on massive premium to its peers, specially the Insurance and NBFC''s will be trading at 40-50% of their CMP if market corrects from here on, the correction is very highly likely. Right now moment is to avoid all expensive IPO''s, book profits in secodary market stocks and sit with cash. One will get ample opportunity to buy quality stocks in near term.
546.8. PSR| Link| Bookmark|
November 15, 2017 9:15:22 AM
IPO Guru (1200+ Posts, 700+ Likes)
Mr. Patterns
If HDFC Standard Life falls to Rs. 150/- then there is every possibility of falling 90% of traded securities by 50%. if we believe that such short fall happens then it would be better to sell all the securities and to sit on cash till market falls to that extent, by totally ignoring the market for time being.
GIC NIA MAHINDRA और KHADIM सभी में नुक्सान हम लोग इतने ऊँचे प्रीमियम पर इन आईपीओ में पैसे लगा रहें है और लुट रहे है हमारी इसी कमजोरी का फायदा उठाकर आईपीओ इतने ऊँचे प्रीमियम पर लाये जा रहे है इसलिए सभी लोगो को चाहिए के कंपनी के FINANCIALS देख कर पैसे लगाएं या ग्रे मार्केट में बेच कर तभी नुक्सान से बचा जा सकता है क्योंकि इन में से सभी आईपीओ ने ज्यादा से ज्यादा रिटेलर को लूटने का प्रयत्न किया है और वो उसमे सफल भी रहें है अगला नाम HDFC का जुड़ने की उम्मीद है
HDFC लाइफ की लिस्टिंग नजदीक आ रही है और SBI लाइफ गिरता जा रहा है ये उन लोगो के लिए है जो कह रहे थे की HDFC का नाम तो है अच्छा ग्रुप है ये ही बात SBI पर भी लागु होती है पर INSURANCE शब्द का कोई INSURANCE नहीं है
In 2008 Electric Equipment manufacturers were star performers... BHEL, Siemens, Suzlon were leaders... then comes reality sector Unitech, Parshavnath etc were few name, then comes Power Sector... now it is Insurance.. All big punters including GOI make some 30000-40000 Cr in this sector through IPO.. and market is full of these stories with only common retail investor to buy...
So plz don''t buy at any cost... as Insurance is slow moving sector with lots and lots of regulatory issues...
Common men never reads full story... Few months ago every body was saying GST will be the biggest hurdle for Insurance sector as now 18% tax need to be paid. So every company sold its share prior reflecting GST in accounts....so in short term these companies will show good results.. so anchor investors can come out.. but in medium term say in one year no body will get return on its investment and had to hold for years with FD return...
Also some are saying they will give good dividend yield... How a high PE company can give good Dividend yield... almost every body sold their shares between 40-60 PE... so virtually every Insurance Sector share can come down to 20 PE in course of time which is its real value...
Hi Patterns. You put it in the right perspective. Well done. I think the IPO investors smelt the rat. Is it the Gujarat result?? I think something is cooking up. The rush of the insurance sector proves that. It was a suicidal rush. Else they won''t have killed the golden egg laying goose.....the Retail Investors.
I dont understand, why people subscribe this type of costly IPO, like GICRE, Khadim, Mahindra Log, HDFC Standard, ICICI Lom, SBI Life, National Insurance. My request to put money on safe hand only, dont subscribe on this type of costly IPOs. and Dont make yourself like fool people.
Put money on safe hand....be safe now on IPO Market, these worse situation driven by ICICI LOM.....
539.2. PSR| Link| Bookmark|
November 14, 2017 2:25:55 PM
IPO Guru (1200+ Posts, 700+ Likes)
Mr. Hiren K.
For acquisition of good quality assets always you have to pay some premium as they will never be available at market rate. HDFC Group shares are quality assets. What is the premium payable for such assets is always debatable and depends on market conditions.
Dear PSR, its for SOME premium, not too much premium thats why told COSTLY, before ICICI Lom, most IPOs have some premium, there are not costly at a time also....
@hiren totally agree with ur view. Bahut lambi list gayi ab to IEX , Icici lom. Sbi life , Gic re , Mah log, NIA , KHADIM etc.. Sab ne mil ke khub loot liya investors ko .. Ab to sabhi investors ko sambhal jaana chahiye aur overpriced costly ipo ko avoid karna chahiye nahi to isi taraf se loot machi rahegi .. So now be carefull. Keep away from high price ipo''s
Hold them or average them if you can. Markets are overpriced now and correction is happening. Guess it will be like this for few more days to 1 or 2 months and then will stabilize.