16. juju| Link| Bookmark|
September 8, 2017 11:24:09 AM
Top Contributor (300+ Posts, 300+ Likes)
It looks fully priced issue to me, and since on offer there are 8.62 cr shares( for retail 2.86 cr shares) that makes its easier allotment. I agree with others, expecting listing gains would not be right approach.
ICICI Bank Share holders have 5% reserved portion i.e. 43 lakh shares, it is better to apply in open category for allotment.
15. Lahari| Link| Bookmark|
September 8, 2017 11:12:49 AM
(300+ Posts, 300+ Likes)
Very big IPO. Maximum people will get allotment.IMO not much listing gains in this IPO
With all the frenzy around IPO''s, people forget the fact that there is a vibrant secondary market as well. When ICICI Life IPO came, ppl like u kept mentioning of loss in ipo etc... i kept saying if it lists or goes at discount buy more.... finally today the stock is 440+ work out the CAGR nw....
If stock fundamentals and promoter intent is good nothing stops it from giving healthy returns..
Most of the people here are behind listing gains and so am I. I hardly have anything that can be termed as portfolio but I am earning good by investing in IPOs and trading in GMP.
Agreed. History of ICICI Group Pubic Offering were always tightly priced. Subsequent to the IPO/FPO (twice in ICICI Bank) the prices were down below the Offer and subsequently they have given good return.
this issue seems to be reserving shares for share holders of ICICI Bank. the earlier ipo of ICICI Life insurance also has reserved shares for icici bank share holders also. There was no provision in IDBI and SBI bank for online applications to apply both in public and share holder quota. 1 applied in public quota in one bank and 3 in SBI in share holder quota. Share holder quota was so heavily subscribed i did not get allotment and got only one lot through public quota. For this issue also, there may not be any provision to apply both for public and share holder quota through IDBI and SBI. No ASBA physical applications possible, as i am out of the country. can the members help me how to apply for both the categories with out getting bids rejected. Thanks in advance.
Icici Lombard pre IPO shares available. Pre ipo means that some share holders eg. Employees who got shares bcoz of opting for esops are selling the shares before public issue. These shares are before public issue hence as per SEBI rules, come with a lockin of 1 yr from date of listing. You cannot sell on stock exchange upto 1 yr from date of listing. Whats app me on 99 87 44 95 61 if reqd