ICICI Prudential Life Insurance Company Ltd IPO Message Board (Page 43)

What is proportionate basis........

1 share of ICICI prudential Life for every 3 shares extra applied for

The issue says that 50% of shares are reserved for QIB , 15% for NII & 35% for retail individual investors. However, the figure mentioned here in terms of number of shares tells something else. Ye data seedhe seedhe NSE ki site se copy kiya hua hota hai kya? Is there any chance of typo error??

Data is absolutely correct. But 50% for QIB, 15% of NIB and 35% of retail calculated from total number of shares before the anchor investor.

ICICI main 1600cr ke share anchor investor ko allot kiye gaye hai. so that much quantity of share is deducted from QIB only and NIB and retail quota will remain as it is

Thanks for info

I have applied for 1 lot under the share holder''s category at 316. Is there any chance that I might be allotted something?
I will be glad for any honest views. Thanks in advance

Hans... Sorry to disappoint you. But you have very less possibility of getting an allotment since the issue got oversubscribed by a significant number of times. Assuming that 70% of the subscribers bid at the highest price tag will mean the company will go for the highest price tag bidders. Anyways, good luck.

You will not be getting it , since it is is oversubscribed . so 99.9% chance is fixing it at upper band of the price 334 .

Anyone can apply through Axis ASBA.... Pl can tell me what his Application no.. I want to verify my no with his

Hi please see YOUR account IPO-ORDER BOOK-ENTER BOOKING DATE-SUBMIT-U CAN VIEW THE APPLICATION NUM AND ORDER STATUS

Hello! I applied for 07 lots @cutoff 334/- under shareholders reserved portion. How good is the chance of getting allotment? Going through the comments, it seems applying through RII would have been better. Am I missing something here?

Are MF,Banks,Insurance company who hold shares of particular company are eligible to apply under shareholders quote in IPO?If no than who is the owner of shares of MF?

Only individual share holders can apply under Share Holder''s category.

When is the allotment and the listingcof icici prudential ipo

Dear all,
Please guide me.
If I apply any IPO through ASBA in 5 different application(DP and PAN same) and issue is oversubscribed by 10x in retail category.
Does my 5 application will be treated separate applications
for lottery system.

Dp and pan never same.you can apply only one application via one person pan number.if you try this all your application rejet.one pan apply in only one.if you have delay a/c in multiple broker then also not possible because of pan no same reject

Rejected

my ASBA amount is not blocked yet?

same here even my hdfc account has not blocked yet. hope it will be considered

now it has been blocked.

Confirmed news all retails application will get allotment since Retail approx applications is10,48,692 meaning 85% application people who have applied for more then one lot will get pro rate….. so all applicant we get minumum 44 shares at least

Hello septa.....what about share holders who applied 8 lots at cut-off? How many shares they are likely to get?

Hello Mr. Septa.....What about share holders who applied at cut off? Say for ex: if some one bid for 8 lots...how many shares he is likely to get?

how much price can i expect and how many shares will be alloted

the smart investor website

Subscription Figure of ICICI Prudential Life Insurance IPO

Share Holders approx application 79213

Retail approx applications: 10,48,692

Subscription as per no of applications: 0.84x

Not sure If Rakesh Jhunjhunwala has also applied in share holder category only

Any1 whose ASBA amount is not blocked yet?

I have applied at 300 (lower price), for one lot under RII. is there any complications involved or will it be outright rejected when allotting.

NIL allotment for you.

outright rejected as share applied at Rs 334 is almost 9.5X of the issue

I need an advise on a blunder I committed while applying to the Prudential ICICI Insurance IPO.

Initially, I applied for 10 lots at Rs. 334 through ICICIDirect. A day later, I realized that, as a shareholder of ICICI Bank, I am entitled to preferential allotment in the IPO. So, I applied under shareholder category through ICICI Direct. It was then I realized that, my ICICI Bank shares are transfered to another DP last month.

In such case, how would my applications be treated? Please help me understand the process of allotment.

nothing to worry

Thanks very much guys. That helped me feel relaxed.

I have applied 6 lots at cut-off in retail. how many share will I get.

You will get 44+proportionate qty.

You would surely get whole allotment of 6 lots. I think anyone who has applied for 9 lots ore more would get 9 (13 lots / 1.4 times oversubscription) lots of shares at max.

Three big factor of this ipo
1.R J subscribe in ipo
2.all retailer get share
3.HNI good subscription help in listing gain....

Because of false misconception that retailers should only bid at cut-off, all the retailers will suffer. This was such a huge issue that if most retailers would have bid at 300, everyone could have got 1 lot at Rs. 300. However , because of experts suggestions, everyone bid at cut off, implying that now retailers bidding at cut off will get 1 lot at Rs. 334 and those with price bids will not get anything.

My suggestion is that for high priced large issues , retailers should bid at lower price, beneficial to the entire retailer community.

in this IPO book building the total share applied at Rs 334/share is 9.5X of total issue and add total cutoff shares in this.

Shareholders no. of shares bid for is 5,92,85,336 and the number of shares bid for at cut-off price is 41,78,240.

My understanding is shareholders have a better chance of allotment over RIIs.

https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_pastissues_details.jsp?type=2&symbol=icicipruli

Bids done @334 and cut-off not selected are considered price bids. and they have equal chances of getting the allotment.

in other words you can assume the most price bids are also 334

Subscription Figure of ICICI Prudential Life Insurance IPO

Share Holders approx application 79213

Retail approx applications: 10,48,692

Subscription as per no of applications: 0.84x

ICICI GMP 16 -18

Where did u recd 0.84X in basis of applications