ICICI Lombard General Insurance Company Ltd IPO Message Board (Page 7)

Block deal in ICICIGI 3.05 lk shares@Rs 651

Immediate fall. very slow rise I believe..
But you never know ! :)

Big "LOL" for the predictions of all the people.
651 is all ok!!

Listed at 651

What about next step for this IPO..?

665 possible in opening trade as 2-3 lakhs buyers at opening prices !!

651 please don''t sell...........

ICICI Lombard price set at Rs.651.10. very Good listing Don''t panic

DISCOUNTTTTTTTTTTTTTTTTTTT, SELLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLLL, WILL TOUCH 615-610

below 600 sure

Heavy buyers at opening !!

Retailers do not panic.... Mutual Funds sitting with lots of Cash, they will buy this stock for long term, even it list at lower price it will move up very fast. Similar to CochinShipyard

Agreed

I think you are going to buy at 630-650 levels, since it is expected to go up sharply.

Not a bad listing.

Inspite sharp fall in the market after the closure of the issue, the issue reasonably listed at good price, though it is in discount.

BSE 650
NSE 651.10

Open price (BSE) - 650

Since people are buying this stock at higher level 1150 on pre market so now i am getting some confidence and now decided to hold this stock of short term.. no matter whatever news channels are saying ...

News channels are not saying that this stock will go down they are saying that its a best stock for investment not for IPO which means people will buy it for long

not buying at 1150, read how pre-open works

i know JUJU what you meant ..

Within the time frame of the trading session....all orders for the day must be placed, and buyers and sellers both participate in setting current market prices which is known as Pre market ..

terms are same.

Despite of listing price hold for 20% from the issue price in 4-6 months... (let say if u can buy below 10% frm the listing ur return will climb to 30%)
All are already aware of flal listing. Seeing Capacit''E downward movements most rii putting selling bids @660/@650, NIIs were Negligible, qib holding. ... Let see wht hppn ahead!!

But my que is why u hv applied then,?
Just for brokerage !

My view : Hold

Should people like me who didn''t apply wait for few sessions? As there will definitely be some selling as seen in most of the IPOs after listing. I am expecting price to fall initially. also the market conditions are not very bullish so it should take some time to gain upward momentum. I want to buy the share for long term.

Kindly advice.

My views were bullish for icici lombard from the issue price itself.. If u can buy below that then it''s good for you.. 660/630 won''t matter if your selling target is 800+. . Long term bullish.

Seems will list at 650

yes .. 650 BSE

NSE indicative price shot up to Rs. 647

NSE indicative price is at Rs. 630

Script may list around the same price.

Pre mkt open price at 630 on NSE, clearly suggested to avoid the IPO for listing gains. Look at ICICI Pru it''s been 1 year since listing and it has given returns of 20% (very low as compared to other stocks return)