I think Brokers know that this is not subscribe more then 1 time Because they give kostak 800 per application. And their is premuim going 18 rs for HDFC If we calculate then 18*50=900 If subscription like to 2 time Then brokers give kostak 400-500 per app Not 800-850
Your guess is as good as mine. If i have to hazard it anyway, my pick would be 340 or so. There seem to have be a lot of excitement in investor community, and this may well trigger a similar interest in retail. Wait till 7th, we may have more clarity by that time.
At 18.7L applications, issue will be subscribed 1x. Reliance Nippon had 16.4L applications. Does it really look like it''s will be oversubscribed?
92.4. lokes| Link| Bookmark|
October 30, 2017 11:10:25 PM
IPO Guru (4400+ Posts, 5100+ Likes)
SBI life , GIC like big ipo''s got subscribed 0.8 and 0.63 times even at their such a big issue price.....so i think it will cross 1x subscription seeing its price but may not cross 1.5x.....i know its also a big ipo in terms of issue size.... ya chances are more for allocation of higher lots if there are lesser number applications each with more number of lots instead of more applications having lesser lots each....
92.6. Nicks Jain| Link| Bookmark|
October 31, 2017 10:29:21 AM
IPO Mentor (700+ Posts, 900+ Likes)
I think it make sense to go for 2 lac application. That too last day....after seeing Response from QIB/HNI. If Response from them is good , one should apply 2 lac
I had applied in HDFC Life at 2:58 from axis asba by looking at FII subscription which is around 12 time at that time. Ehich gives comfort to me. Got full allottment.
84. lokes| Link| Bookmark|
October 30, 2017 10:36:26 PM
IPO Guru (4400+ Posts, 5100+ Likes)
hdfc life will give around 5 to 10% listing gain....it may list around 310-320...pricing is fair in comparision to competitors keeping retails investors in mind....same was said by HDFC Life person in CNBC channel and it seems right...so i will apply in it and suggest everyone to apply for at least one lot initially and later on thrid day can modify to more lots if good subscription figures from QIB and NII....
83. Eagleye| Link| Bookmark|
October 30, 2017 8:08:28 PM
IPO Guru (6600+ Posts, 21900+ Likes)
List of IPOs IN THE PIPELINE (Status as on 27th October 2017)
A) DRHP Filed – SEBI Approval *Awaited*:
1) Reliance General Ins. Co. >>> DRHP date 09-Oct-17 2) Amber Enterprises India >>> DRHP date 29-Sep-17 3) Seven Islands Shipping >>> DRHP date 29-Sep-17 5) Acme Solar Holdings >>> DRHP date 28-Sep-17 6) Karda Constructions >>> DRHP date 27-Sep-17 7) CMS Info Systems >>> DRHP date 27-Sep-17 8) H.G.Infra Engineering >>> DRHP date 27-Sep-17 9) Newgen Software Technologies >>> DRHP date 27-Sep-17 10) Prince Pipes and Fittings >>> DRHP date 26-Sep-17 11) Apollo Micro Systems >>> DRHP date 23-Sep-17 12) Lemon Tree Hotels >>> DRHP date 19-Sep-17 15) Barbeque-Nation Hospitality >>> DRHP date 14-Aug-17 17) National Stock Exchange of India >>> DRHP date 28-Dec-16
B) SEBI Approval *Received* *(within the past 3 months)*:
1) Hindustan Aeronautics >>> SEBI Approval 27-Oct-17 2) Aster DM Healthcare >>> SEBI Approval 27-Oct-17 3) Gandhar Oil Refinery (India) >>> SEBI Approval 26-Oct-17 4) Future Supply Chain Solutions >>> SEBI Approval 26-Oct-17 5) Astron Paper & Board Mill >>> SEBI Approval 19-Sept-17
C) SEBI Approval Received *(more than 3 months ago)*:
6) Shalby Hospitals >>> SEBI Approval 14-July-17 7) Nakshatra World >>> SEBI Approval 09-June-17
D) SEBI Approval Received *(more than 9 months ago)*:
8) Genesis Colors >>> SEBI Approval 03-Feb-17 9) GR Infraprojects >>> SEBI Approval 22-Dec-16 10) Continental Warehousing Corp. >>> SEBI Approval 16-Dec-16
Very huge volume. Subscription may not be full. imo, there will be less demand post listing. Seems to be on GIC track. Avoid would be good idea for listing and short term.
BHARAT 22 ETF: ICICI Prudential AMC will launch Bharat 22 ETF, an open-ended exchange traded fund on November 15 and subscription will close on November 17, Bharat 22, which is managed by ICICI Prudential AMC, comprises shares of companies from six sectors--basic materials, energy, finance, fast moving consumer goods, industries and utilities--and includes state-owned companies like Oil and Natural Gas Corp, Coal India, NTPC, State Bank of India, NTPC, and private companies ITC and Larsen & Toubro.
SIZE: 8000 CR + ADDITIONAL IF ANY 25% FOR EACH CATEGORY WITH 3% DISCOUNT FOR ALL CATEGORY.
Earlier they have planned to raise 10000 crore ....with this much shares but due too poor response to insurance ipos they have reduced the size to 8700 crores...very investor frendly group...gmp 15-16
I think its make sense to apply for 2 lac application but that too last day. If QIB / HNI quota seems good response then one should apply for 2 lac application. Else can Avoid..