The allotment date will be near to 12th July as it requires 20-22 days for clearing all the process for the allotment. Closing of issue was on 22nd June hence it will be alloted on or after 12th of July. This is best stock. Don't sell on the allotment date. On 12th July price of ICICI Bank will be near to 1000 rupees and due to selling pressure it will go down to 950-960 rupees. Just hold for another 1 month it will reach near to 1100 rupees. Those who want to go for long term, hold it till next year same time you will able to book a profit huge profit as its share value will touch 1600 rupees.
don't sell icici keep it atleast up to 1 st jan 2008 . because this share will move up on the announcement of 2 nd and 3 rd quater result . so keep it . target for six month should be 1200. not more than that .
dont listen to anyone amit. icicibank is excellent stock i am sure retailers who will sell at 945 on allotmet will be crying later as similar thing happened previously if u remember when icici cam with 485 rs ipo and people who sold on 1 st day are still crying now.similarly icici will keep growing. u will see 1500 for icici in 6 months.
I had applied for ICICI FPO (108) shares in partial payment mode. I want to keep them for 6 to 12 months. What according to you is target for ICICI in 6 months to 1 year. People are saying that i could have got it @800 in place of 890 on listing date as there will be heavy selling pressure on day of listing and it will go to 750 after listing. Is there any chances of this thing happening.
I applied for 1lk under retail existing share holders with partial payment. Now I want to pay the entire amount and get all the shares alloted so that I can trade on the listing day. How can I pay the remaining amount. Pls advice. Thanks!
In how many days retail investor which has taken shares in partly payment scheme will get the share after the allotment date. A couple of people were telling it will take nearly 30 days after the allotment date. Allotment date will be near to 12th July, hence the partly invested people will get share in the month of August. Can anybody authenticate this message.
As the retail portion was oversubscribed by just 1.03 times, everybody will get all (or almost all) the shares applied for.
If the application was made for fully-paid shares, they can be sold straightaway, as soon as they are credited to your demat a/c. For partly paid shares, you will have to wait till they are fully paid. I have no idea about grey market.
Issue price for QIB & NII is Rs. 940/-. For retail , it is Rs. 890/-.
Thanks Parag for your information. I have done application of 1 lacs. Howmany share i will get ? And what can i do for this shares either sell it in grey market or sell after delivery? What is the allot prise for Qib...........?
ICICI Bank FPO finalised at 940. I was reading lot of comments not to subscribe the issue. I have applied for 102 shares and expect to get full allotment. I expect to get around rs.50 to 60 per share. I know ICICI never disapoints its retails subscribers. I made some money also in the last issue.
Iny idea? when its going to be credited to my DMat Account?