ICICI Prudential Life Insurance Company Ltd IPO Message Board (Page 60)

At 1243 Hrs

Retail ----------- 39%
Share Holders-- 24%

It appears that Retail may Oversubsribed, but Shareholders portion may not be fully subscribed.

TKS JONAM...HP TO HEAR FROM AFTER LONG TIME...GENERALLY U R writing on Sme ipo ..

1. share holder reservation capacity to will be oversubs, probably less than HNI cat so chances of allotment will be higher. may be a 8-10 times oversubs in this category (mean approx. 4.8 to 6k Cr demand, aganst 600 Cr reservation)

2. shareholder reserv will be better off applying for 13 lots and getting better no of shares wrt retail 1 lot allotment!

3. HNIs will actually see until the very last moment which way they apply - HNI or Reservation - I am assuming all the savvy HNI are anyway the shareholders of icicibk.

I have applied one lot in retail and shareholder category. I feel that there won''t be much of listing gains. I am looking at as a long term investment. Instead of listing gains, I feel people should buy it to encourage private sector. in order for India to develop and more employment generation, private sector should be encouraged. This being first IPO in this sector, it is important that it is a success. This will encourage other private insurance companies and help them to raise money cheaply. Allowing only government sector LIC in this industry is not good for overall development of India

7-10 % listing gain is expected.

Now it looks like this forum has crossed all limits of *****. Members are comparing R Power with IPL.

Applied in 3 application, want to sell in gray market in Rajkot
if anyone interested

I do not understand how the retail is going to get 1 times subscription,
Are the enough people who apply in IPO regularly , big IPO of 6 cr

good issue of 1 cr subscribe 5 to 6 times , then how many retail investors are applying in this issue

@AMRISHIPO:

Possibility is very less to see 275 price.
agar 275 pe milta to anchor investor 1600 Cr abhi kyu invest karte.
retail portion is subsribed 1000 Cr.
shareholder portion is subsribed 300 Cr.

@AV Rajkot, you say normally 15-17 lakhs applications are received in retail category. Here are some facts
RBL BANK ipo received 10,35,864 applications in retail category. Apart from this only L&T INFO has received 10 lakhs +applications in retail. No recent issues starting fron Syngene till date have crossed more than 10 lakhs applications in retail.
Qtywise it can get oversubscribed in retail, but appwise it will be difficult to get fully subscribed.

Nse has now corrected it.
At 11 am total sub is shown as 0.21=21%

Apply with all the demat accounts you have.

BSE Demand graph & NSE bid details now. Total Cut off bids above 2 crores.
and now In HNI individual also applying...... Tommorrow morning it may be fully subscribed. GMP 24-26 and form price-1050-1075. till yesterday. now as per demand increases it may touch 1500/- also.

It may not touch 1500. It should remain around 800 to 1200.

WE DONOT TRUST NEW COMMERS

THEY ARE MARKETING GUYS

Those who is giving nagative comments they All are from LIC related ?

Strange website of nse
@ 20/09/2016, 10.55 am nse bid details shows sub as 0,10 times ie 10%, but All exchanges demand graph @ 10.30 am shows 0.09 times ie 9%, whereas yesterday itself total sub was 16%.
No of times i have written to all exchanges to upload no of applications received on live basis , but of no avail...

BUY EVENING PICTURE WILL BE CLEAR
MR MARKETING

Those who applied yesterday might have withdrawn today . So the figure gone down

This question is just for information purpose.
If a person holds ICICI bank shares in two DMAT a/c -
Can he apply in shareholder category from both a/c?

Good question however rule one application per PAN applies even in this category

What is grey market rate,plz confirm me

As reported by Virendra seghal of CNBC TV 18 ICICI pru alloted shares to FII''s in december 2015 at 40% DISCOUNT to current ipo price band...

IF this is true this is horrific from such a reputed bank????

SEBI is just a puppet in the hands of corporates and politicians

U r correct.Sebi is giving nod for poor and bad companies who gives false info sometimes

@ Guddu Rangila: Read thru the offer document, you will also see that both ICICI and Pru have issued shares to themselves at Rs 400 also, look through the RHP document.

commenting on SEBI to be puppet etc, are you a legal pro to judge on the remit of SEBI? it is because of good regulators in India whether SEBI / IRDA / TRAI or others that there is a level playing field for all players in market.

you would recall IRDA came heavy on the ULIPs few years back, else all the insurance cos were looting on ivestors in the form of heavy loads on first few year of premiums.

Bottomline is, about this issue, the issue seems fully and richly priced however, because of the liquidity and good paper quality from a reputed name, there will be demand - both initial demand as well as followup demand post listing stabilization etc.

Hello, I bought ICICI Bank Shares on 16th September 2016, Friday. If the shares get credited to my account in T+2 days (21 September) the date when bid closes.
Considering Finalisation of Basis of Allotment: On or about September 26, 2016

I tried to browse through RHP (Red Herring Prospectus) but couldn''''t find any reference that until this date if you buy you would be considered a ICICI Bank Shareholder. It just says for ICICI Bank Shareholder at all places.

Will i be considered as a valid applicant if i apply in ICICI Bank Shareholder Category? Please help.

yet it not clear at this time what is the likely oversubscription in retail category likely, however, considering the issue size, there is yet a likely hood that after allocation of shares to all eligible retail investors i.e. all applicants with min one lot, there will be surplus left and hence for all those who applied more than one lot there will proportionate allocation of additional shares over and above first one lot.

Therefore, I recommend that all retail guys must apply by their capacity.

sell off on day-1 v/s retain is decision that each individual has to take, however, considering the fact this is price discovery for FII / mutual funds etc, there is going to enough demand post listing also.

My sincere thanks to Mukesh Jain, WSINGH & rahul abhyankar for giving their perspective, insight and sharing their research.

In the last 7 IPO''s that i have applied, i have applied on the last day after 2 p.m. HDFC Securities allows me to apply till 03:30 p.m. at least. Somewhere i read that we can apply till 12 noon tomorrow. Is it true or we can apply till 03:30 tomorrow.

I intend to apply by 02:00 p.m. tomorrow.

Many Investors are comparing this issue with that of R POWER.

This issue is not comparable with R Power.

R power priced the issue giving projections of its income, after utilisation of the funds then proposed raised. To be specific, its income at time of Public issue was negligible and it wanted to do the business expansion with public issue funds and to earn income, which it could not do as expected.

In the instant case, the company is not promising any income w.r.t. amounts being raised in Public Offer and on othehand it merely disclosed its financial psoition earnings , growth etc. which are facts w.r.t their achievement, which appears to be sustainable, in future, for certain period of time.

Very true this issue cannot be compared with Rpower.

how to sell application in grey market. i am from delhi. pl guide

In icici Pru IPO there is no reservation for retail if you applied in share holder category must apply in regular retail portion if your bank not accept online application go with local broker and submit application directly as in banks software same pan is not accept in one IPO.

Totally wrong information. Either you are ignorant or spreading wrong message.
Note that the RHP is filed and approved by SEBI.
It can be true only if you are above SEBI

Greater than 1600 Cr Anchor investor.
Greater than 700 Cr 1st day susbsription.
Don''t care about negative comments.
APPLY... APPLY... APPLY...

10 facts we discovered about the ICICI Prudential IPO
https://www.valueresearchonline.com/story/h2_storyview.asp?str=32051

Nice article KartikS

Keep posting...

Very good IPO must apply