hahah so true prats. this one definitely is crashing
that is reason people are writing comments to subscribe as they know people are withdrawing from this one and no interest if there on all categories
its simple there is more risk on downside than upside. it is high probability it should reach at 20 to 25 pc discount to this price to make issue attractive
Market also works on Sentiments and not only on Fair value... So many factors that no one predict which works in favor, which against. Only Fair value cannot be sole criteria.
correct, that''s why we all wait till last minute, at least myself, but even sentiments are not on right side, considering Brand ICICI this should have subscribed hugely even if we consider the size of the issue.
For sentiments best example is Indigo, many failed to read it and I got all 3 lots allotted, sentiment carried it to unreasonable levels and then time shown it it''s true value, we need to consider fair value for long term, so even for long term this issue is a avoid.
retail investor having ICICI shares can apply in 2 categories but be sure they will get allotment in one category only. As more HNI applying in share holders quota, it will subscribe atleast 2X
ICICI Pru will be hot favourite for FII. FII will absorb all sell by retail on listing. To FII 2.5% Divdiend by reasonable growth is a huge fit case to garner. Ujjivan like ...