I also hope at least 10-15% premium on listing. My few observations which support low subscriptioin is due to 1. ICICI Lombard has big issue size 2. People are cautious due to ICICI pru listing 3. Lot of IPO''s back to back so people''s money have been blocked in other ipo.
Yes Dear, You are right.... And this time they have to prove, On that time market sentiments also were not good, afterwards it got premium also, This time market is also favorable,
With my experience i guess 10 to 20 Rs premium per share premium will fetch during the listing day. However if the market queues are good on that day of listing another 10Rs+ can be expected. Retailers almost 1:1 share (nearly) with less number of lots ordered will get full allocation. Best of Luck!!!
372. R R Patel| Link| Bookmark|
September 19, 2017 6:14:22 PM
IPO Mentor (800+ Posts, 3400+ Likes)
ICICI Lombard General Insurance Ltd. IPO Subscription figures (NSE+BSE) @5pm:-
Well, Chance of getting allotment is very high; even 10-15 INR listing gain is not bad when you have great chance of allotment; History repeating ICICI prudential IPO; it was also less subscribed, listing gain also was very moderate but then in few months it gave very good return and still trading 100 INR above offer price; Cant expect any magical gain like dixon or au bank as its a huge ipo but its not very risky;
Market will be/is near record high on the listing day. Looking for long term investment. No chance of listing below offer price. RII quota is less subscribed. So the chances of getting IPO is high. Robust model.
As L&T subsidiary doesnt gives money to the investor in IPO''s, ICICI Subsidiary also doesnt gives money...although i believe it is really good for long term investor but the same will be available on discount on or after listing.
361. KING VINOD| Link| Bookmark|
September 19, 2017 5:08:54 PM
IPO Guru (2500 Posts, 5400+ Likes)
ICICI Lombard General Insurance Subscription @ 4pm Over all 2.93x