GMP Rs. 14-15 Sellers and kostak Rs. 600/650/700. higher rates of Rs. 35 not correct at any center. In market ,Fear that it will be repetition of LTT so far as Grey market is concerned.
All set for a good closing tomorrow. Don''t be surprised to see multiple over subscription. All the negative talks would vanish then. I reiterate, it is the best in business of insurance, first IPO in insurance, very rich parentage, professionally managed.
Don''t forget the FII headroom upto 49% and most importantly the other insurance companies lined up is purely on the success of this issue.
Today all boarders are positive than previous day.gmp also rise 24-26 .so it is also good and the QIB AND HNI FILL ipo tomorrow after 12:00.so,not worry and think listing gain of rs 20-35 at listing day....
Hello Septa ji, EagleEye ji, I have applied for rs2.08 lakh in GNA IPO NII category. Can you tell me possibility of getting shares in quantity. Also on what basis NII category will be allocated? If we invest more money possibility of getting quantities are higher is it? Please explain me about NII category.
I HAVE APPLIED THROUGH SHAREHOLDER CATEGORY , BUT THERE IS NO CUT OFF PRICE OPTION FOR SHAREHOLDER PORTION, I APPLIED FOR RS 334 BECOZ NO CHOICE. INCASE COMPANY FIXED AT 310 PER SHARE THE BALANCE AMOUNT WILL BE RETURNED? HOW THIS WILL WORK? CAN SOMEBODY CLARIFY?THANKS IN ADVANCE
Good... Thanks for your reply. So you are confident that it will list in discount... I am very confident that it will list in premium as per the great anchor list... I always apply for listing gain... Let see...
~ Apply in retail then go with SH category ~ Retail may get discount price as per ICICI Bank FPO history. {{{ 2005 FPO ~ ICICI Bank has fixed the issue price for its follow-on public offer, FPO, at Rs 525 per share, reports Reuters. The retail shareholders are to get the share at Rs 498.75 per share,
2007 FPO - The price band for the issue has been fixed at Rs 885 to Rs 950 per equity share. Retail bidders, including existing retail shareholders, will be allotted shares at a discount of Rs 50 per share to the issue price determined through the book-building process. }}}
Not sure whether retail will get some favour or not in IPL.... But just want to share the info with you guys which got from one of senior member in the industry...
In terms of allotment also its good to apply as much as single lot in differnt retail account and then go with SH category. (SH may get more subscritption then reatail)
Your application will be rejected . You cancel your applications in other two accts. Per PAN 1 application only eligible (1 in RII & 1application as shareholder)
Apply bindas .. It will not give you negative return at all. Lots of small countries wants such Indian insurance company to manage their pension and insurance funds. At Macro level Life Insurance business to grow for Indian company @20-25% per year for next 5 years.
FII will pour in 5 times subscription on the last day. It is expected to oversubscribe by 8-10 times. Vap.aluation expected Rs 365-380. LIC India and SBI Life IPO are slated on nxt 6 months. LIC to value 350000 crore to 400000 crore market cap.
If you are individual or HUF shareholder of ICICI Bank and taking funding for applying in HNI category, its better to apply in Shareholder category as shareholder category will not be oversubscribed by more than 15-20 times whereas General HNI category can be over subscribed by 35-45 times. So on will get more shares in shareholder quota and effectively costing will be 50% of that in General HNI category.
15% of the balance 90%. But if you are applying more than 2 lac then you can apply only in one category. Also shareholder category is only for individual and HUF.