ICICI Lombard General Insurance Company Ltd IPO Message Board (Page 24)

Retail Applications wise subscribed about 85%.Retail applications are 1107245 .

If Rakesh Jhunjhunvala Invest in this kind of Stocks and at this valuations then he will become vijay malya

rakesh jhunjhunwala bidded Rs. 750 crore in ICICI prudential & he made heavy profits also in that.

B Lol

vanan ji QIP portion of 50% including anchor investors also

The listing premium will not be less than Rs.20 per share

That is just 3% !!!!

3% also doubted thing..hahaha

This ipo big slap to ICICI to took highly expensive ipo everytime, if capacit received more than 54000 cr why ICICI not touch this figures, this ipo good answer to shameless greddy promoter

Yes 2012 incorporated co. capacit will give huge profit to investors but top brand icici fails to give any profit to investors on listing ( Good example also Shankara buildpro crossed Rs. 1400 mark. )

ICICI Lombard subscribed 1.2x in retail, what it means is everyone get allotment?

yes. firm allotment

High subscription of QIB''s and low subscription from retail guys. Let''s see who are right on listing day.

Congratulations to all those applied, everyone likely to get allotment

Kindly reply me.anyone here plz what to do now

Dont worry.You need only your pan no. To check your allotment.

http://www.bseindia.com/investors/appli_check.aspx

Is there any tax if we sell on listing day? I know, if we hold shares for more than a year there is no tax to be paid. But not sure if tax is applicable in case it is sold on listing day.

Pujan ...If you sale allotted shares on listing day, then the resulting gain or loss is treated as STCG/STCL & not speculative/trading profit. Hence taxable @15 %

You have to think about tax if you make a short term capital gain and loss will get adjusted with other gains. I have applied for five lots and now i regret with the demand of the IPO and i guess it is going to a rerun of Prudential listing. I think for the first time i am going to get all five lots i have applied for, will be listed very close to issue price and then it will free fall... Else you can hold it for 2/3 years for a good return. Whatever i will get i will retain one lot for long term and sell the rest at market price of opening hour.

I am facing one issue .i have not received application no for subscription of icixi lombard.i have applied through sbi ASBA my amount has been blocked transection successful but not received application no yet.what to do now plz anyome suggest me plz m in tension now

Isnt there a query option on SBI to check the IPO''s you have applied for. I know HDFC has the option. Not sure of SBI

very poor subsription for an icici group co,
but certainly due to 2 reasons
1-public neither have money with so many ipo on the trot
2- now retail dont run just afetr seeing subsriptions of QIB, which is actually very good:)

hope company''s will understand the importance of public money and reasonbly price their issues

jai Hind

@rob

No. of Applications can not be calculated by subscription figures, it is actual applications made by investor.
because in retail max 13 lots (286 shares) can be applied
consider
A bids for 1 lot - 22 shares
B bids for 5 lot - 110 shares
C bids for 13 lot - 286 shares

in 3 applications total 418 shares applied
how you can calculate 3 application from 418 shares


Also Capacit''e & ICICI Lombard can not be comparable.

PM bhai - I am not comparing anything. I am just saying ki dono IPOs me lagbag utna ki paisa lagaya hai Retail waalon ne :)

Two things to remember about Lombard. This is FIRST General Insurance company to be listed. Log LIFE Insure kare na kare lekin Vehicle jarur Insure karengay because Traffic Havaldar khada hay signal per.

ICICI Lombard General Insurance Ltd. IPO
Subscription figures (NSE+BSE) @8:20pm:-

QIB - 8.17X (closed)
HNI/NII - 0.82X (closed)
RII - 1.22X (only offline form open)
Shareholders - 0.99X
Total - 2.97X

What is the retail subscription application wise?

Good response. Big ipo

I expect Icici group mutual fund SUPPORT RALLY ON LISTING DAY

Icici bank was nervous till last moment. For the first time icici direct people were calling personally requesting to subscribe to the issue. Which has never happened in past.

HNI generally do not apply unless there is possibility of at least covering the cost of borrowing which is used for applying in the IPOs.

There is possibility of 15-20 Rs gain on listing day. Because Fund houses, FII and institutional investors shall definitely buy to keep in their long term portfolio. In USA , insurance companies are considered good value and growth buy. These investors see the same story in india, which is just starting.

Where will these unsubscribed shares of employees n NII be allocated? To RII or else?

QIB will get unalloted NII

I have applied 2 lots through ASBA facility will I would be alloted,as somebody said in the previous Comments that it would no t be alloted

Not really.. allotment purely automated..if you have applied one application 2 lots fine..no 2 seperate lots with different applications

One more observation:
Funds are reserved/ earmarked for SBI life...........

Probably!