ICICI Prudential Life Insurance Company Ltd IPO Message Board (Page 50)

what is the lates ratio for number of application

With over subscription of 6 time for such big ipo, listing gain is possible. you may get 10% gain atleast.

Now retailer are running to fill the forms.

RII to go high upto 1.5X

what is the dead line for withdrawal of application

QIB 8.13
NII 10.08
RII 1.14
Shareholder 3.89
Total 4.65

Share holders quota subscribed more than retail. Is it beneficial to apply directly in retail quota for share holders also?

I think so.
chances of allotment in retail seems more than that of shareholder quota

share holder category if you are going for 2 lakhs application

if it is 15000 application, then retail

2:30 PM

QIB      8.06
NII      10.05
RII      1.14
Shareholder      3.00
Total      4.74

Now as it is clear that subscription is more than 1 time .the data will be beyond expectation. so it will give listing gains too

http://www.bseindia.com/markets/publicIssues/BSEDemandSchedule_new.aspx?Scripcode=1252

open this link for more update

@230pm

QIB - 8x
NII - 10x
Retail - 1.1x
Reserved - 3x

Gentlemen what do you have to say now as the FII n HNI have expressed their interest ?

Sir, I hope that cut off rate will be at 334/- no price cut by company.
listing between 360-375
Most probably 370/-

This is actually the best case scenario for retail investor where QIB, NII is high and retail less.

I looked at BSE and NSE data for RII and shareholders category and if you calculate cut off bids it is still not subscribed 1X times, my understanding is if ICICI Pru fixes price of Rs 334 than whoever applied through price bid category at price lower than Rs 334 will not be qualified for allotment of shares.
Please let me know if above statement is correct.

Ur Answer is at 570.2

For RII cut off bids is almost equal to the allotted number of shares but in reserved category cut off bids is still around 60L less than the allotted number of shares.

QIB      7.8693
HNI      9.9595
RII      1.1322
Shareholder      2.9785
Total      4.6754

During RPower, there was investor frenzy as if there is no tomorrow and no further IPO. People opened Demat account like crazy. DPs gave Demat account no. without proper documents and regularized it later.

All those are missing in IPL. Though priced little higher, it is sound company, management is good, funda''s are good and best in insurance industry (pvt). Hence the premium.

Rpower and IPL is a different story. Apply atleast after seeing subscription figures.

What is the cut off time to apply through ASBA ?

3 pm

It depends on bank to bank. State Bank group cutoff if 2pm. AXIS -3pm & HDFC should be 4pm but it didnt allow me to apply after 3 pm for GNA axles. Not sure if HDFC allows for this IPO today till 4 pm.
Axis, I have applied just now, so it will allow till 3pm.

Where are those who compared IPL with RPower now???

So, company will decide CUT OFF price after issue.

Let''s say if they decided Cutoff price will be 325, then all the bids below 325 will be automatic rejected..

So, its better to apply at CUT OFF price, to get SURE SHOT SHARES..

@pks : totally company''s decision in consultation with lead book runners after taking the Bids in to consideration

total app.in retail up to 2.15-830000.

From where have you got this information?

Where do you get the Latest Number of an ongoing IPO

Expected Subscription :

QIB : 6x
HNI : 10X
RII : 1.5X

Most of RII applicant will be alloted 1 lot each.
expected listing rate @360/- means profit of Rs. 1144/- (44 X 26) for each RII, just ok returns in short term. for long term,how will it perform, only GOD knows.

360-344=16 x 44share = 704/-

AshishC ji, cut off rate is 334 and not 344.
360-334 = 26 x 44 Shares = 1144/- :-)

I have applied for 2 lots through Shareholders IPO option as i hold 40 shares of ICICI bank for last 1 year. Is it sufficient to get at least 1 lot or i should apply for more?

change bid details.. from shareholders to NII category..

NII is proportionate basis..

what is the subscription percentage for normal quota as of now?

2:15 PM

QIB      6.68
NII      7.01
RII      1.07
Shareholder      2.09
Total      3.69

Ye shareholders kaha so rahe they abhi tak

Is there any benefit for applying multiple lots under retail category?

How many lots should be applied to get 2 lots allotment?
Thanks

if you are applying from only one demate account, if the issue is oversubscribed in RII (application wise), you can get one lot at max.

better to apply 1 lot from different account to increase the allotment chances.

Crazy rush for Shareholders bid category. 1.48 times already in that category...

Oversubscription 8-10 times on card thanks to QIB and HNI.

don''t understand the logic.....when retail is not fully subscribed and shareholder is already subscribed more than 1.5 time, people should apply in retail rather than shareholder quota.