Zerodha Brokerage structure is maximum Rs.20 per trade no matter whether u do for lakh share trade or single share trade. and delivery base trade is totally free. so why would people pay to dis icici securites , HDFC Securities & etc as 0.50 % of ur transaction value as brokerage. as when people got awareness, moving towards discount broker rather than staying to dis brokers & will move in future also think these point before bidding for ipo.........................................
One of big challenge to ICICI Securities for the purpose of growth basis is that discount broker like zerodha , upstox etc.. Zerodha has reached more than 7 lakh + customer from range of zero portfolio to 100 cr + portfolio client list. aggressively growing which would be big challenge to ICICI Sec & other brokers..
This is overpriced IPO. My icicidirect relationship manager called me to apply for this ipo and when I had couple of questions on evaluation and pricing, even they agreed this is highly priced ipo.
I guess during this market time its better to avoid high price ipo. We can get it cheaper once its listed.
Saturday, 24 March 2012 SP Tulsian hit hard on investor's nose, who 'inversely' follows Tulsian's advices and became millionaire. Another addition to slapgate saga...
EQUITY RESEARCH
In a seriously funny event, SP Tulsian, India's most talented equity analyst /recommender /investor gave a piece of mind to Hitesh Patel who became crorepati after inversely following SP Tulsian's stock recommendations given on CNBC TV18 early in the morning. First, Tulsian painted his 5 fingers on Hitesh's cheeks and then a solid punch on his nose.
The event happened after Tulsian was out for a cutting tea downstairs of CNBC TV18 studios with Udayan Mukherjee when Hitesh came to Tulsian. Sources said that Hitesh congratulated and thanked Tulsian for giving stock recommendations which made him crorepati. Tulsian showed his happiness, which was just a momentary. When Hitesh told Tulsian that he just used one strategy that whatever Tulsian said Buy, he used to Sell and if Tulsian said Sell he used to Buy, this way he gained crores of money.
The statement just infuriated Tulsian so much that he first slapped on Hitesh's face and afterwards hit a hard punch on his nose. Eye witnesses told that Hitesh was bleeding for a while.
Hitesh said "I was in no fault. I just went ovr there and thanked him. Was that my fault? I just told him how I became rich. Was that my fault? This is really bad demonstration of arrogance."
Hitesh also told that he would not take legal help as he thinks that Tulsian was a reason why he is now crorepati.
Hitesh said "I still remember those days when I used to wake up early in the morning switched on TV set where SP Tulsian was already set, talking with Udayan Mukherjee. I don't understand English besides usual words 'Thank you', 'Sorry' and 'Bye'. But whenever Tulsian used to say I recommend buy on this stock or sell on this stock I immediately used to place my order with my broker. Whenever Tulsian used to say buy, I just used to sell the stock and vice versa. Those dedicated efforts made me crorepati. I have his photo in my bedroom and every day I offer him prayers, Agarbatti and flowers."
"Yea that was correct. I hit him so hard for irritating me," said furious SP Tulsian "It's fine if my recommended stocks inversely helped an investor, but why such a demonstration. It seriously hurts my image."
Udayan Mukherjee kept a mum, as he didn't want to get involved in all such nitti grittys while Mitali Mukherjee, his co-anchor told Diggy Chacha Fan Club (DCFC) reporter that she was worried about the harm for secrecy of CNBC TV 18, as very few people knew the trick to make money and if general public like Hitesh Patel would know it means a damage to confidentiality.
Somehow, I can never believe this guy (how big he might be), maybe an idée fixe as they used to call earlier... So, better form my own research, which I guess would be better tis this chacha with wings and specs...
Tulsi followers, please excuse and follow your own path, just a personal view...
76. Arunblr| Link| Bookmark|
March 22, 2018 10:34:32 PM
Top Contributor (400+ Posts, 100+ Likes)
Fade up with primary market. Pl suggest secondary market pics for one year.
29% subscription on day one one is not bad. Sandhar technologies was subscribed only 5% on day one and finally got subscribed more than 6%. I am expecting icici securities to be subscribed minimum 10 times on final day.
Bandhan Bank was subscribed 42% on Day 1, 88% on Day 2 and 14.58 times on Day 3. More over listing is after 31st March. Plus HNI portion is also less, hence less offloading on listing day. Since the QIB portion is 75%, can look forward to more than 5 times subscription. If not big, can expect decent listing gains also.
Good point. Offloading may be less due to listing date after 31st March. People will try to hold the shares for some time. However hni portion is 15% as usual. It is RII portion which has been reduced to 10% in this IPO.
Please inform me, QIB:NII:RII: Share holder proportion. In case of over subscription in the share holder category, will the allocation be on the same basis as over subscription in RII category.
One important information .... If you are using icicidirect.com as your investing portal, kindly quote your six digit customer relationship number while applying in the share holders category. I was told by some one that there will be a preference given. Not sure !!!
As per report of S P Tulsian and ET dated 22nd March, this is expensive IPO in comparison to others viz Edelweiss, IIFL, Motilal Oswal etc. Even their growth rate with regard to Revenue and Net Profit is much higher than ICICI Securities. Then why to buy it when already listed cheaper and better stocks are available in secondary market? In view of above, I don't understand why people are praising Chanda Cochar so much for reduction of price band, Even now, it is quite expensive. Pl see detailed comparison table on website of S P Tulsian and report in today's ET. When it is difficult to justify valuations, the sobar words are used that "apply with long term view". Do self study and then decide.
Tulsian is always bearish person of the world..when nifty 11000 at that he told market is expensive and now after 1000 point fall still market looks expensive for him...never understand his logic and by the way every time he fails to give right call specially in IPO advice...
I too find s p tulsian analysis to be flawed in most good IPOs.If u see he is recommending HAL IPO.Lot of people have lost opportunity not applying by following him. Free advise is not always good
Seems like party getting ready to start from the day 1 itself. Why are QIBs losing the opportunity cost of 4 days when they can easily apply on 26th?!
Anyway, if it gets hugely oversubscribed, the talk of EXPENSIVE VALUATION would go down the drain in no time and the ones who are talking this, will find themselves applying for 4-5 applications. Paise ki Maayaaa, Paise ka chakkar babu bhaiyaa (Hera Pheri) !! ????