big names like l&ts ,sbi, icici never gud for ipos.....They will never give u listing gains....in fact they r gud for long term...Then why i should i invest in ipo rather take dilivery at 5 to 10 % discount....
336.1. Huzefa| Link| Bookmark|
September 19, 2017 3:17:32 PM
Top Contributor (300+ Posts, 200+ Likes)
You Are Right. Same share should be available at price cheaper than IPO price in 3-4 months time frame.
its not necessary that IPO is fully not subscribed and list on discount. so one can take risk with the long term view if its get listed at discounted baki sab luck
IPO IS NOT OF 500 CR OR 600 CR SO SUBSCRIPTION IS NOT BAD ACCORDING TO ME ONE SHOULD GO FOR IT. I STILL THINK AT LEAST 10 % PREMIUM IS STILL THERE, AND LONG TERM VIEW IS ALSO GOOD
329. R R Patel| Link| Bookmark|
September 19, 2017 3:33:52 PM
IPO Mentor (800+ Posts, 3400+ Likes)
ICICI Lombard General Insurance Ltd. IPO Subscription figures (NSE+BSE) on day 3@2:30pm:-
QIB - 4.03X HNI/NII - 0.19X RII - 1.02X Shareholders - 0.88X Total - 1.65X Increasing very slowly slowly I have applied 2 Applications of single lot each.
Retail and Share Holder Quota subscriptions showing declining trend.1.25 and 1.09 times respectively by 1.50 pm and 1 and 0.87 by 2.20 pm. HNI a paltry 0.19 times only.
325. PSR| Link| Bookmark|
September 19, 2017 3:24:54 PM
IPO Guru (1300+ Posts, 700+ Likes)
Retail -------------- 100%
324. Pokemongo| Link| Bookmark|
September 19, 2017 3:24:43 PM
Top Contributor (400+ Posts, 300+ Likes)
Withdraw your application immediately. RII still not subscribed and shareholder also not subscribed. No listing gains in this IPO.. unnecessary funds blocked. Many in my circle have started withdrawing.
323. R R Patel| Link| Bookmark|
September 19, 2017 3:24:32 PM
IPO Mentor (800+ Posts, 3400+ Likes)
ICICI Lombard General Insurance Ltd. IPO Subscription figures (NSE+BSE) on day 3@2:20pm:-
QIB - 4.02X HNI/NII - 0.19X RII - 1.01X Shareholders - 0.87X Total - 1.64X Increasing very slowly slowly I have applied 2 Applications of single lot each.
322. PSR| Link| Bookmark|
September 19, 2017 3:23:35 PM
IPO Guru (1300+ Posts, 700+ Likes)
Retail ------------ 100%
321. DownriteVJ| Link| Bookmark|
September 19, 2017 3:21:42 PM
IPO Guru (1400+ Posts, 1200+ Likes)
Yes. In fact that part is correct. However in such IPOs you will find long term investors with low risk capacity. Everyone know this is a good company. Short term investors needs to stay away.
Looks like every one will get atleast 1 lot who applied in RII. And mostly in NII every one get shares that they applied for.
The issue is big enough to satisfy the demand of retail, NII and to some extent may be QIBs also. So where is the demand coming from to expect listing gains? It is very rational decision to wait for the listing to happen and buy the shares in sec market at a discount of 10-15% imo.
Even if any one in RII applying for shares for long term investment, imo they should avoid the IPO and take sec market route to accumulate shares.
Not sure how many agree with me it is just my opinion.Please ignore if don''t agree.