भाईयों और भाईयों मेरा आपसे वादा है की अच्छे दिन की तरह HDFC की लिस्टिंग भी अच्छी ही होगी आप से अनुरोध है की पैसे जरूर लगाएं अगर फायदा नहीं हुआ तो आप जहाँ बुलाएँगे मैं वहाँ किसी को जाने को बोल दूंगा धन्यवाद्
DEAR ALL FRIENDS PLEASE READ THIS ARTICAL NEW DELHI, NOV 7: Breaking several records, the anchor portion of the mega HDFC Standard Life public share offering saw 126 fund level names come on board as ‘anchor investors’, buying up 8.0686 crore shares for Rs 2,322 crore.
Billed as the largest anchor book since the launch of anchor concept in 2009, the HDFC Standard Life anchor portion saw record demand of close to Rs 50,000 crore and many firsts to its credit, sources close to the developments said.
For the first time, five Sovereign Wealth Finds — Temasek, Government of Singapore, Norges (Norwegian Fund), Abu Dhabi Investment Authority and Kuwait Investment Authority (KIA) are figuring in a deal. Also, as many as 22 out of the 126 fund names are first-time anchor book participants in an Indian IPO/insurance IPO, sources said.
HDFC Standard Life, whose initial public offering is an offer-for-sale that opened on Tuesday, is the third Indian life insurer that has gone in for listing of its shares on the bourses.
It plans to raise Rs 8,695 crore through the IPO, the most by a private company in almost a decade. HDFC Standard Life Insurance is the country’s largest private life insurer.
Marquee investors who have got allocation in the anchor book include JP Morgan, T Rowe Price, BlackRock, Fidelity and US-based Capital Group.
First-time IPO anchor participants include funds of US National Railroad Investment Trust; Carnegie Fund; University of California (via Ratan Tata backed UC-RNT Fund); TVF Fund; Prince Street (India) Fund; Sanford C Bernstein Fund Inc; Carmignac Investissement and Carmignac Patrimoine; Capital World Growth and Income Fund and Explorer Mauritius.
All the anchor investors bid at Rs 290 a share, the upper end of the price band of Rs 275-290 set for the offer.
Some of the top notch domestic funds that have got allocation in HDFC Life’s anchor portion include ICICI Prudential Mutual Fund, Reliance MF, Sundaram MF, Axis MF and Kotak funds.
SBI Life Insurance and Birla Sun Life Insurance too have got allocations under the anchor book.
Meanwhile, the IPO was subscribed 46 per cent on Tuesday, the first day of the issue. The public issue ends on November 9.
50,000 + Cr placed against a total of 2322 Cr. that is on offer. And by not one or two but multiple of investors - all as prominent as one can find globally. And not one of them would come forward to invest without doing their homework, looking each number deeply, if they are not confident of attractive steady returns. The way they have chosen to do so for THIS IPO, is UNPRECEDENTED.
267. ipo share| Link| Bookmark|
November 8, 2017 4:11:32 PM
IPO Guru (1500+ Posts, 700+ Likes)
For long term investment, one wiil get enough opportunities to buy it post listing.
I APPLY 15 AC WITH FULL FORCE IN HDFC LIFE IPO AS POSITIONAL TRADER 3-6 MONTH , HDFC LIFE GIVE DIVIDEND IN MONTH OF DEC 2017 SHARE BASIC CHECK TOOLS ACCORDING TO MY VIEW SHARE HOLDING PROMOTER HAVE SUFFICIENT HOLDING VALUE INVESTOR , FUND HOUSE, FII, PE FIRM IF ALL THE PARTICIPATE IN ANCHOR INVESTOR THEY ALL KNOW VERY WELL ABOUT THE COMPANY HDFC LIFE
265. ipo share| Link| Bookmark|
November 8, 2017 4:08:28 PM
IPO Guru (1500+ Posts, 700+ Likes)
Time bachoa, paisa bachao. Don''t waste both in this IPO. See how insurance IPOs are performing. Even high support of Anchor investors in Reliance Nippon is not helping its price which is slowly but steadily coming near its IPO price.
Have an query , If I apply from my demat and transfer the shares to another demat, sell from that demat account which demat account will come under tax bracket...mine or the other ?
Dear rvr, 1. If second demat account is in your name, there will not be any tax on transfer . However, when you sell from second demat account, capital gain will be taxed in your hand. 2. If second demat account is not in your name, then there are two cases : either you are selling the shares for adequate consideration or you are gifting to some one ( except your wife). In case you are selling shares from first account for transfer , your first demat account will be taxed for capital gain. .In case you are gifting to some one ( except your wife), the other demat account holder will be taxed for capital gain.. 3. If you are transferring to your wife''s demat account without any consideration, the capital gain will be taxed in your hands.
I am planning to transfer SME shares in my account which is around 1 lack profit to my wife account..but after seeing u r reply I am going to transfer the shares to my uncle...is there any procedure I should take care after the share transfer while doing the tax filing...
one more question ..may be silly..how the system will know I am transferring the shares to my wife account?
for gifting the shares to my uncle what is the procedure...just use DIS slip and proceed ?
You have not mentioned the details of other demat account(whether it pertains to you only or other party). Assuming it pertains to other, I answer ur question. Basically tax (Capital gain tax here) applies on transfer of a capital asset. Its not just limiited to sale. When you transfer from your account to another demat account, tax will apply to you based on the market value of share on that day. ( you may end up with loss also). You are liable for tax accordingly. Hope it clarifies you.
@Manu , Thank you, yes as you said the target demat is my friend who dont have any earnings. what is the best way to avoid the tax implication while transfer..any views?
I think the sentiment of IPO has been deteriorated by all INSURANCE COMPANIES......WHETHER ICICI, GIC, NEW INDIA, HDFC...all comes at hefty price. Don''t go with the Tag of HDFC ...if pricing of issue is not comfortable. Investors have a lot of option of buying the stock in secondary market insted of eroding hard money from IPO of Insurance companies. If any one skip this IPO ......I think it is good for financial health.
Total No.of Application Approx : ~ 385149 Retail Subscription on the basis of Apps : 0.21 x
260. R R Patel| Link| Bookmark|
November 8, 2017 2:06:21 PM
IPO Mentor (800+ Posts, 3400+ Likes)
HDFC Standard Life Insurance Company Ltd. IPO: Subscription figures on day 2 (BSE+NSE) @3pm:- QIB - 3.2X** HNI - 0.32X Retail - 0.3X Employees - 0.65X Shareholders - 0.13X Total - 0.994X **Excluding Anchor. Will apply on last day.
Again management(HDfC life chairman) said price of 290rs is discount price, 22 anchor investor which hdfc life received they had never applied before in any Indian mkt ipo that show how we r best in class!!! (kahne ka matlab hai log mar rhe hai hamare ipo me invest krne k liye!! )
Also added enough room for immediate return !!! (wo chhahte ki immediate return mile)
But very much confident for mid to long term return. (mid term return to accha milega hi milega if invested at ipo price(290)!!)
Confidence or overconfidence ??
This much aggressiveness? ?? lagta hai listing ki setting ho chuki hai ! !! ????
Hello gamble hi.. What''s your view on GIC, Holding 1 complete lot at 867..Also, day by day trading volumes are getting reduced..Will there be any upward trend in coming days or better to exit?
Hello gamble ji.. What''s your view on GIC, Holding 1 complete lot at 867..Also, day by day trading volumes are getting reduced..Will there be any upward trend in coming days or better to exit?
259.5. lokes| Link| Bookmark|
November 8, 2017 10:35:39 AM
IPO Guru (4400+ Posts, 5100+ Likes)
@aniket: did you applied full amount of 2 lakh in all 4 applications?
@sukram: its better to exit GIC and invest in some other good moving share to get good result, i also exited around 830 avg price for my 10 lots....
I guess this is what they teach them in B-Schools.Selling anything and extracting the maximum, however bad that thing may be. ???? Govt. Insurance companies don''t need the hype bcoz LIC is their saviour,but a firm with PB of 15 does. ????
259.7. Aniketiaf| Link| Bookmark|
November 8, 2017 2:53:09 PM
IPO Guru (1800+ Posts, 10200+ Likes)
@Lokes, Total 08 lots (02 lots each account). Thanks.
258. PSR| Link| Bookmark|
November 8, 2017 2:28:55 PM
IPO Guru (1200+ Posts, 700+ Likes)