1717.25cr from anchor investors on Wednesday the day before issue opens the booking subsidiary bank has finalised 33024165 equity shares to 28 anchor investors at the price of 520 per share news in moneycontrol
Erupting THIRD WORLD WAR???????? USA & CHINA heading on Without using missiles jets guns Just by using TRADE as their weapons first shot fired by U S Now China will retaliate One more thing China own so much of U S Treasury bonds Which can shake entire world So don't think that INDIA will immune We will feel the heat as well as other Prepare for this Thanks
China's foreign reserve is more than 3 trillion usd whereas India has only 0.421 trillion usd foreign reserve. We are much behind china and other developed countried. Apple's market cap is usd 0.836 trillion. Amazon market cap is usd 0.724 trillion. Our biggest company RIL has market cap of only usd 0.091 trillion. (One trillion usd is 1000 billion usd)
It wasn't a good decision to apply in hal and karda construction when market is already going down. Advise you to apply only in selected good IPOs. Think twice befor applying in govt owned ipo. HG infra would have been better than karda construction.
It's difficult to predict the subscription of icici direct today. Things chages a lot in the last moment. People had talked same thing about bandhan bank that it is demanding high valuations like hdfc bank and will list in discount. However hni portion of BB got subscribed more than 15 times in the last moment and many retail investors missed it. Even I applied at 2:59 pm on icicidirect where the issue closes at 3 pm. Icici direct services are not comparable with other brokers who are providing discounted brokerages services. Icicidirect.com is providing highly reliable, hassle free services. Just trade/ apply and forget it, no tensions for delivery of shares or funds getting credited as it has its own bank to support it. It's brokerage varies from 0.25 % to 0.75% depending on the traded value in a month/quarter. For retail investors who apply for single lot or two lots, it is the quality of services which matters more rather than the brokerage which comes out to be a very small amount on 1 lot or 2 lots. Brokerage makes a difference when you trade in huge volume/high amount and icici direct already has discounted services for these people under the slab 0.25% to 0.75%. So in my opinion, icici direct will also get good response from hni and QIB in the last moment tomorrow.
105. Aniketiaf| Link| Bookmark|
March 25, 2018 8:50:32 AM
IPO Guru (1800+ Posts, 10200+ Likes)
Aap sabhi ko Navratri aur Ramnavami ki subhkamnaye.
apply with full force motilal Oswal share face value is 1Rs and it is trading at 1020,FII share face value 2and trading at 710 ICICI securities share face value 5 and price 520 thare is lot of scope to go up
Guys on this website itself so many brokerages are flashing ads including Zerodha... trend is towards Discount broking.. why will anyone pay 0.5% brokerage for both buy and sell when its free on Zerodha... Future is very uncertain for this business... Maybe they can earn from MF distribution but not much Think before applying... dont be greedy
ICICI securities is an investment banker. They help big corporations to come to primary secondary markets where 0.5% does not matter for big corporation. Yes discounted brokers are eating its business but ICICI securities is still a behemoth.
103.2. Pokemongo| Link| Bookmark|
March 23, 2018 4:00:18 PM
Top Contributor (400+ Posts, 300+ Likes)
i am not happy with discount broker services.. so only small investors who will like to save few hundreds of rupees will flock to discount brokers.
103.3. Huzefa| Link| Bookmark|
March 24, 2018 9:34:25 AM
Top Contributor (300+ Posts, 200+ Likes)
I have account in ICICI Direct. They charge 0.55% and not 0.5% for each leg of buying and selling and on top of it i am frustrated as they wont allow me to buy SME stocks even if I have full amount to buy. Even for the SME stocks which i got in IPO, I myself could not place sell order. I have to email them and then their backend team will place order. This might take 2-3 hours and I wont know at what price my order will be executed. What the hell !, who are they to dictate to me what I can buy/sell even when I have full amount to invest. As a customer, I am really frustrated. There are many other good brokerage firms like edelweiss, religare, Kotak who charge less than half of what ICICI charges so why should I continue with such a brokerage firm after paying highest brokerage and also let them dictate their terms to me. This is my review of ICICI Securities as one of their customers.
Yes... i also have an account with ICICIdirect which i opened when i had no knowledge of broking fees, discount brokers etc... now i use it just for applying to IPOs. all my buying and selling is done through Zerodha.. Broking fees have substantial impact on returns as Warren Buffet says... try to reduce fees wherever u can..
@Huzefa Are you sure they charge .55%. Please check with your contract note, it might be 0.75%. They have a complicated brokerage structure and by default it comes to 0.75%
I closed my ICICI to move to Upstox. But discount brokers have a lot of limitations like not able to trade bonds. My NRI friends have ICICI account and love the interface especially for MF SIP. Now I'm not sure how their revenue stream splits between Demat services and Investment banking.
I am using the ICICIDIRECT platform for the last 12 years and this is the most comprehensive and organised and the user friendly one I have ever seen. I also use kotaksecurities and wife uses HDFCSEC.. Nowhere near.
Dont mind paying some brokerage for the dependability, peace of mind and ease of use and the multitude of features available.
102. ipo share| Link| Bookmark|
March 24, 2018 12:57:28 AM
IPO Guru (1600+ Posts, 800+ Likes)
Indian Express report has not indicated the name of concerned top private bank whose CEO may be summoned in first week of April for investigation in loaning to Gitanjali gems. Don't know if it is ICICI or some other bank. Serious issue at crucial time.
ICICI Bank Ltd has an exposure of Rs750 crore to the Gitanjali group of companies and Rs500 crore to Gitanjali Gems. PNB has an exposure of Rs900-1,000 crore, the highest among the lenders. The share holders should seek exit of Chanda kocher who has damaged bank reputation and caused Max damage to share holder,s money
Unconfirmed reports BUZZING icici & axis facing some serious problem/issue What which where? I don't know Don't take call on this news Bcos things go other way Disclosure I will Not subscribe today
I have been very positive about this IPO but now see my thought process crumbling down.........
Will keep my fingers crossed...........
101.2. Chem cho| Link| Bookmark|
March 23, 2018 9:20:09 PM
IPO Guru (2600+ Posts, 2700+ Likes)
Better to sell ICICI BANK Rs 274 and buy icici lombard insurance icici lombard was up Rs 14 @ rs 741 in falling market issue price Rs 661 and high of rs 872 i donot hold shares of icici bank but hold icici lombard shares Take advice from investment advisior befroe making any investments
@cool sunshine & others Continue to above post Since one year we heard buzzing regarding some undisclosed issues for the private sector banks(top) Nothing came out substantial till date One more thing It was about core business BROKING & subsidiaries are going well(imo) That's why I told that don't take call on rumors Thanks
100.1. P M| Link| Bookmark|
March 23, 2018 6:25:26 PM
(1100+ Posts, 1100+ Likes)
1. No Discount 2. ICICI Bank Shareholders as on 13 March can apply in shareholders category 3. ICICI Bank Shareholders can apply in both, i.e. Retail as well as Shareholders category.
Advice is, look at subscription at 2.00 PM on 26th (last day) and then decide whether to apply in IPO or from secondary market after listing. Issue subscribed only 36% at the end of Day 2 !!!
Looking at subscription as of now, possibly 100% allotment in shareholders portion (subscribed only 16% till now).
95. Pokemongo| Link| Bookmark|
March 23, 2018 3:59:06 PM
Top Contributor (400+ Posts, 300+ Likes)
Which PVT BANK is this?? Does anyone know.. Source is moneyctrl of this news
It is believed that the spouse of the private bank's CEO may have been involved in securing loans for the Mehul Choksi-promoted firm Gitanjali Gems. The report further alleged that person in question is believed to have taken a commission for securing the loan for Choksi.
Sources told the paper that investigation agencies could summon the bank's CEO along with the spouse early next month.
@ diks @ Pvt banks name were mentioned in that report, Axis Bank ( CEO : Sikha Sharma ) & ICICI Bank ( CEO : Chanda Kochhar )-
^^^^ So what? ..Is it the birth right peculiar only to male CMDs to be suspected of being mischievous?...No..no!!..this time I"d choose to be on Chanda and Shikha"s side .I mean don't we all know that both men and women have equal rights? ..and women can not only do as good as men but even surpass them in all walks of life?...
Aaj kal jis tarah se badi badi bank ke fraud bahar aa rahe he, man karta he SBI, ICICI me jo 5000 ya 10000 pade he woh bhi nikal ke bandhan bank ya yes bank me daldu