Hi All. Congratulations for all applicants who dared to apply.Almost full allotment for everybody.DLF listing has been positive.HDIL is a genuine company with activities in all segments staring from slum rehab,retail/mall,commercial/office,residential and also preparing land suitable for development by other builders and selling the land off.The margin of profit is also in the same decreasing order.Max profits from slum rehab and HDIL are very strong and nor 1 in Mumbai.Unlike other real estate companies,HDIL issue proceeds are utilised for construction on their own land bank.Not to aquire land at high price.Assured profits from constructing on our own land and selling.Irrespective of interest rate hike ripple effect on real estate pricing, Mumbai market will be the last to react.There is so much demand there from all sectors.By then with inflation easing, bank rates getting reduced is not far off.Result demand pick up in the sector too.REIT ie real estate investment trust and mutual fund schemes targeting real estate sector are not very off.And where will they invest??Definitely in big companies like DLF,Unitech,Sobha,HDIL,Godrej,Purvankara,etc.
The bottom line is hold on to your full allotment with conviction.Do not panic by small intra day swings.Your holding will certainly show very good results.Don't go for peanut listing gains.It is up to you now.Your money,your brains. All the best.
And continuing the discussion where 'mils' left, in addition to his/her estimates, it should also be considered that they are also gonna invoke the green shoe option. Hence, correcting the value posted earlier by me, we shud expect allotment of x/1.167 shares for all applications of 28 or more shares. (where x is the number of shares you applied for)
For retail+employee qota the no of shares reserved is 9330000. The total application for these catogories recieved for 13102152 shares. Hence these two catogories put together has over subscribed by 1.404. All these figures are at cut off price. Since it was over subscribed at cut off price the allocation price shall be at the upper value i.e. rs. 500/-. If it does not get oversubscribed at cut off price then they go at lower values & see at what price it gets oversubscribed & that shall be the final issue price
it was a good ipo should be apply aggressively. but the listing of this ipo may be at 600 to 700 at the time of listing and then in may be down due to selling pressure . to 500 to 525 to 550 so book profit, do not miss to book profit in this perticular script .
hi,retailers,hdil is a good issue and u vl except 50 to 60 rs premium on listing date becz its a very good stock..wait 4 listing and enjoy and those who didnt apply ,they can buy on listing day.if u vl get at rs 550+ ,then buy big lot...buy and happy investing.. there is big demand of this share from qibs portion
HDIL is a good Issue. May be because of DLF effect, it didn't received huge response. But for the people who have applied it's going to be a good issue. Expect decent returns after listing. Happy Investing :)
Better to skip this IPO are u can expect wild swings on listing day, and for Rs 20-22 grey premium . It is better to avoid. Instead apply in Allied Digital and Everonn IPO for superb gains.