Almost all banks close the retail investor''s online applications by 2 pm or 3 pm on the last day of subscription. Till what time QIBs and NIIs can subscribe to IPOs on the last day?
310. R R Patel| Link| Bookmark|
November 9, 2017 11:04:22 AM
IPO Mentor (800+ Posts, 3400+ Likes)
HDFC Standard Life Insurance Company Ltd. IPO: Subscription figures on last day @12pm (BSE+NSE):- QIB - 4.28X** HNI - 0.61X Retail - 0.56X Employees - 0.92X Shareholders - 0.2X Total - 1.43X **Excluding Anchor. I am applying for long term prospectus.
309. P M| Link| Bookmark|
November 9, 2017 11:04:21 AM
(1100+ Posts, 1100+ Likes)
Subscription Status @ 12.00pm ========================
308. P M| Link| Bookmark|
November 9, 2017 10:57:46 AM
(1100+ Posts, 1100+ Likes)
Link for Subscription Status ==================== http://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=3538 https://nseindia.com/products/content/equities/ipos/ipo_current_hdfclife.htm
307. P M| Link| Bookmark|
November 9, 2017 10:04:00 AM
(1100+ Posts, 1100+ Likes)
Subscription Status @ 11.00am ========================
As per CNBC AWAAZ, MFs are selling in Market for COMPULSORY INVESTMENT in such IPOs... hence study particular MF Investment Details before going for it...
No doubt it is a good IPO in long race but to apply in this IPO just for listing gains doesn''t make any sense. This I can prove with the support of following points:-
a) Insurance Sector Companies have already come up with so much IPOs in last two months. b) All are trading below Issue price. c) Issue has got low subscription in Retail category. d) Insurance companies are ever a tortoise race share, which rise up only in a long run.
How can subscription figures of 10.14 am can be higher to those of 11 am?!
301.1. P M| Link| Bookmark|
November 9, 2017 10:33:00 AM
(1100+ Posts, 1100+ Likes)
just check your comment time & current time
301.2. Navkant| Link| Bookmark|
November 9, 2017 10:38:22 AM
(300+ Posts, 300+ Likes)
The same way you can post at 10.30AM when the time is 11.30.
300. Lahari| Link| Bookmark|
November 9, 2017 9:28:26 AM
(300+ Posts, 300+ Likes)
It''s not a good idea to invest in stocks or IPOs for children education and marriages. 25 years back markets are different and now the markets are different.
25 years back they used to issue shares at 10 Rs with the FV of 10. Now issuing shares on highly priced PE basis
Yes you are absolutely right, we should never invest in individual stocks or a portfolio of stocks for long term because stocks dynamics change over long term. Stocks which looks good today may not be good after 10 years. Portfolio needs continues monitoring which cannot be done if the investor dies before his goals.
So my view is that we should always buy Nifty ETF for such long term goals. Dynamics of Nifty/Index may turn bearish for couple of years but if you have an Investment horizon for one or two decades or forever then it is best in class asset as its constituents changes with change in business environment. Nifty ETF is an AUTOPILOT PORTFOLIO
300.4. Nicks Jain| Link| Bookmark|
November 9, 2017 10:05:38 AM
IPO Mentor (700+ Posts, 900+ Likes)
Truly Said. SIP is best and better tool for Longer Term Investment.
299. Hari ji| Link| Bookmark|
November 9, 2017 9:24:38 AM
Top Contributor (400+ Posts, 400+ Likes)
@KING VINOD What your view on hdfc life insurance ipo?
I have applied for 650 shares each under the Retail & Shareholders’ categories. There is a small chance that the shares may list slightly below the Issue Price of RS.290. If so, I will add to my holding. I am a long term share holder of HDFC LTD & HDFC BANK & am immensely benefited in both the shares. My sincere advice to everybody is to apply for maximum shares you can afford. These kinds of shares are meant to be passed on to the next generation. Apply/buy & forget.
u will get shares at lower price on the day of listing.. better not to apply.. market is also weak.
296.3. PSR| Link| Bookmark|
November 9, 2017 6:30:25 AM
IPO Guru (1200+ Posts, 700+ Likes)
There is no guarantee that shares would be available at lower rate on listing. There is always an element of uncertainty. At best the discount may be about Rs 15. Who knows listing may be at par or at marginal premium. Hence, you want to purchase for medium or long term then IPO may be better way.
Long Term Investor. Had purchased shares from such very reputed Promoters like L&T, GIC, ICICI ,SBI at 10 -20 % Discount after IPOs. And will continue to purchse at Discount. Yes.. there is no guarantee of Discount for HDFC but would have no Regret if can''t get it at Discount...Many more are comming...
Although I also rate HDFC , as a group, far superior than any other one, one important point to be noted that all previous issues came when CCI had control on pricing of issues and therefore all issues incl HDFC bank came at dirt cheap prices eg HDFC bank came at Rs 20 per share.In todays scenerio, the same issue would have come at Rs 200 at least.The situation since then has changed and companies are coming at a valuation with 2-3 years forward .Therefore one should expect much lower growth of investment .U may see that some of the reputed groups though reputed like mahindra, godrej are too greedy and do not leave anything for investors