HDFC SLCL has received Bids of INR 43475 Crore worth till now.
It is equal to the subscription of 50 times of small IPOs like Mahindra Logistics.
HDFC has Brilliant Promoters and good presence in the financial market.
I believe that listing will be above the issue price with a small premium.
414.1. P M| Link| Bookmark|
November 9, 2017 6:05:59 PM
(1100+ Posts, 1100+ Likes)
Wrong figure Total shares (QIB+NII+RII+EMP+SHA) ------- 219759218 Around 10 lacs shares bidded between 275-289.
Even all shares considered with bid price ------ 290 x 219759218 = 6373,01,73,220 For 1x amount is around 6373 crore Current Subscription = 4.89x --------------- 4.89 x 6373 = 31163.97 crore Adding anchor investment ------------- 31163.97 + 2322 = 33485.97 (around 33486 crore)
Approx. Subscription amount is around 33400 crore (NOT 43475 crore)
you will get full 600 here.. not very sure of listing gains here.. but we keep learning and then call it experience ;-)
412.5. lokes| Link| Bookmark|
November 9, 2017 2:02:23 PM
IPO Guru (4400+ Posts, 5100+ Likes)
ya i know will get full 600.....just hoping for listing around 300 with 10 rs premium or may be intraday it will touch 300, then i will sell all between 300-305 rs....
Although I am not critical of your decision to apply in this IPO but I believe that your reason for investing in this IPO is not correct.
Investment should always be based on past performance, future potential, valuation and investible corpus available with investors. It is not advisable to make large investment to realize very small listing gains when real potential of the stock lies in long term.
@lokes agree with @Cool_Sunshine. You can always trade to make some money irrespective of IPO..ok let me stop here before people start jumping onto me ;-)
Looking like insider information.. haha.. just a wild guess that happened to be quite right.. Just like stock price prediction in short term :D
375.2. Ashutosh Rath Nov 9, 2017 1:49:43 PM IST I Like It. 1 | Report Abuse @lokes looks quite unlikely. May close around ~ .92x after off-line applications are punched in
Not a bad subscription... Me applied for 1 lot for longterm... If it fall down will take again after every 10% correction... Insurance is a big opportunity in indua... Happy investing...
ये जितने लोग लॉन्ग टर्म की सलाह दे है वो GIC का हाल देखें जब बाद में सस्ता मिलना ही है तो अभी अप्लाई करने का कोई अर्थ नहीं है 867 वाला 795 अभी मिल रहा है
GIC compared to HDFC LIFE is like comparing a PSB to a leading pvt bank. HDFC has huge reputation. Frankly have not seen a 8 page anchor list with whos who like temasek; Sigapore govt and many more others. so keep fingers crossed. as they say doodh ka doodh ....................
this is only price comparison of issue offered on higher baseless premiums and what was result of them as GIC NIA (to see) SBI LIFE ICICI etc. and many more
Even though the Retail & Shareholders'' categories appear to be undersubscribed as of now, I am glad to note that Employees''s category is subscribed about 1.20X. After all, who would know better than the employees about the true state of the company''s financial health?
Hdfc stocks have always eluded me as I always considered it to be expensive. i have been tracking hddc bank from 990 level and attempted numerous time to buy but whenever I applied everyone itsnproce increased and my limit orders never executed . After 6-7 months I stopped bidding considering it to be too expensive and waited for significant correction in hdfc bank stock but correction never came through. stock kept on going higher and higher and currently in 1800-2000 range.
Moral of the story is that there are some stock which are almost impossible to buy at reasonable valuations. I invested in this IPO for long term and believe that all long term investors will be rewarded and even in short term there is very little movement in down side is expected Hence risk reward is favourable.