FREE Account Opening + No Clearing Fees
Loading...

ICICI Prudential Life Insurance Company Ltd IPO Message Board (Page 61)

Loading...
362. masoom |   Link |  Bookmark | September 20, 2016 2:26:42 AM
Just some time ago one big news came to me from the drunk friend who said this IPO willl get fulllly subscribed tomorrow itself and more than 5 times on wednesday. He told after he had come back from big party few hours back.
362.1. Splash |   Link |  Bookmark | September 20, 2016 9:55:45 AM
Let''s c Masson, if he is really drunk or someone else. :-D
362.2. Atul Kumar |   Link |  Bookmark | September 20, 2016 12:55:58 PM
5 times subscription?Does not seem possibleat all
361. Silapathar |   Link |  Bookmark | September 19, 2016 11:38:45 PM
Top Contributor Top Contributor (400+ Posts, 200+ Likes)
BOJ might disappoint tomorrow. I also feel that Fed might surprise the market this time and actually go ahead and hike rates. Be cautious in applying for this high priced IPO. I would avoid at this price band.
360. RAJKUMAR SINGH |   Link |  Bookmark | September 19, 2016 11:25:15 PM
Sir i have joined today only please let me know can i apply in 2 demat accounts with same pancard for ipo dono mein apply karne se kahin aisa to nahi application reject ho jaye
360.1. Robinhoood |   Link |  Bookmark | September 19, 2016 11:38:23 PM
you can not apply two application with same pan card
359. Jitu patel |   Link |  Bookmark | September 19, 2016 11:20:02 PM
How to apply under share holder category via BOI net banking?
358. Patterns |   Link |  Bookmark | September 19, 2016 11:12:58 PM
Real Investors beware.... this is highly manipulate by fake investors who are saying we are applying we are applying just to create ciaos.....Just invest if you want to don''t listen to anybody.. its your hard earn money... you want to gamble .. you gamble... but don''t go by people present over here as I am noticing many are fake and are created purposely for this IPO
357. Jitu patel |   Link |  Bookmark | September 19, 2016 10:43:06 PM
How to apply under share holder category via BOI net banking?
356. masoom |   Link |  Bookmark | September 19, 2016 10:36:54 PM
will this be another Relliance power in the coming...........i doubt how punters take it ahead
356.1. PSR |   Link |  Bookmark | September 20, 2016 10:06:47 AM
IPO Guru IPO Guru (1200+ Posts, 700+ Likes)
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.
355. ARB |   Link |  Bookmark | September 19, 2016 10:26:58 PM
Seniors..... please advise...whether to apply for this issue....If yes ..what quantity....
355.1. Durairaj,Tiruppur |   Link |  Bookmark | September 19, 2016 10:32:41 PM (300+ Posts)
My opinion is to apply for 1 lot in as many accounts that you can...

Since the issue is huge, over-subscription in RII will be less in No. of times basis and that makes the allotment ratio favorable.

But i don''t think it may give anything more than 15% on listing day due to its size.
So apply in as many accounts you can and sell them on listing day....
354. Sandip Parekh |   Link |  Bookmark | September 19, 2016 9:34:13 PM
Last day hni and qib enter in market
353. Sims |   Link |  Bookmark | September 19, 2016 9:14:16 PM
1st day only 16% subscription...what does this say about the ipo? Do you think it will be get 100% subscription?
353.1. nmg |   Link |  Bookmark | September 19, 2016 9:30:38 PM
Above 100% for sure..
353.2. Durairaj,Tiruppur |   Link |  Bookmark | September 19, 2016 10:29:14 PM (300+ Posts)
Got subscribed by 16% works out to Rs.900 crores shares has been subscribed, do you think this bad on day 1...?
352. Vinayagrawal |   Link |  Bookmark | September 19, 2016 8:41:18 PM
What gmp of ipo
Ipl
Ltt
Gna
351. fairstocks |   Link |  Bookmark | September 19, 2016 8:34:34 PM
Is it wise to apply at upper price band or can we get for lower price band as its a huge issue after coal india but coal india offered 5% discount to retail investors
350. Prem toshniwal |   Link |  Bookmark | September 19, 2016 7:53:56 PM
One should avoid the issue:
In Dec 2014 while issuing shares under Esop to employees. The company was valued Rs 38000/- . Usually, management values the company much higher while issuing shares under Esop.
In Nov 2015, ICICI Bank sold 6 per cent stake in the life insurance venture to Azim Premji and Temasek Holdings for Rs 1,950 crore valuing the company Rs 32,500 crore.

The growth has fallen over a period of time and the outlook of this industry never seems optimistic. Under present situation the valuation of the company must be some where 36000-40000 crore, while they are issuing shares valuing the company 50000/. Certainly the issue is at least 25% over priced.

Do you thing, management has left any thing for retailers? I am sure it will come in discount. Since size of issue is higher, no possibility of manipulation at the time of listing.


350.6. BIPEEN GUPTA |   Link |  Bookmark | September 20, 2016 8:01:03 AM
dear manjit singh , you dont have to be anxious for us. you can simply give us mobile number or web address of buyer in grey market who is open to buy our application @ Rs.1000/- flat rate... thank you very much and looking forward to your response. i have 6 applications to offer immediately.
350.7. Sunder |   Link |  Bookmark | September 20, 2016 9:56:40 AM
Prem,
I have seen the industry and company very closely. It has seen up and little down due to IRDA fine tuning policies. Please note for sure, it is the best in private sector insurance. Most profitable one too. Since this is the first IPO from this sector and FII limit is at 49% so lot of room left for FII to absorb from Open market.

Few years back, NBFC was down in dumps and now you see how they are valued.

There is no peer comparisons and also note that this is the best in business.

I should also agree that the pricing could have been customer centric (by offering 5% discount for retail category). Neverthless, it is a sound company with good parentage and fundamentals.
349. RAM KUTWAL |   Link |  Bookmark | September 19, 2016 7:51:38 PM
Dear all
Can you please enlight me on following
1. What is closing time for applying IPO using ASBA.
2. What is closing time for applying IPO by filing physical form.
3. From my bank account can I apply IPO for my friend. My friend is having his Demat account. I already applied iPO for myself.
349.1. Seth Securities |   Link |  Bookmark | September 19, 2016 9:13:42 PM
1. Normal market timmings.
2. Depends on broker to broker (1st 2 days are normal days, last day they have a cut off around 12).
3. Yes. you can apply for 3 different people inclusive of you.
349.2. CLD |   Link |  Bookmark | September 19, 2016 9:46:11 PM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Read FAQs by clicking on my name "CLD". You will get all answers & many more.
348. Bathiya Shyam Pradipbhai |   Link |  Bookmark | September 19, 2016 7:51:27 PM
gmp of icici prudential life insurance company ltd ipo
347. Madar |   Link |  Bookmark | September 19, 2016 7:49:13 PM
Premium down below 20 frndsssssss it will looot money. To fill unhealthy balance sheet of icici bank. Npa hit hard icici so selling icici prudential at high rate... A big avoid..... BOGUS
346. COMMONMAN |   Link |  Bookmark | September 19, 2016 7:07:20 PM
Top Contributor Top Contributor (200+ Posts, 200+ Likes)
Now All Ipo Companies Has Understood To Keep 4-6% Profit On Table for Applicants. And People Will Apply On That High Price Band To Make That 6%.

Like This Companies Will Benefit a Lot . And Investors Like us Will Be happy in 6%.

Trend for Making 20% Is Over.
346.1. quality |   Link |  Bookmark | September 19, 2016 7:31:43 PM
Absolutely RIGHT👍👍👍
345. s mandalia |   Link |  Bookmark | September 19, 2016 6:47:27 PM
any one applying under shareholder Quota from UCO Bank, As Banker says only General category available in their software/system......
345.1. APJ |   Link |  Bookmark | September 19, 2016 10:10:11 PM
I have applied from UCO Bank, Internet Banking, ASBA option. There is option to apply under Share Holder category. Pls try internet banking.
344. quality |   Link |  Bookmark | September 19, 2016 6:31:49 PM
Subscription figure is not bed compare it with rbl and when calculate rbl is only 800 cr ipo and icici is 6000 cr take it in mind.
343. seenuipo |   Link |  Bookmark | September 19, 2016 6:03:25 PM (200+ Posts)
All most all are bullish on this issue except Mr Tulsian which does not matter. They are comparing with HDFC life restructuring and Reliance life issued under PE. When compared to both of these it is cheap.So can we go for apply

343.1. vishwas patil |   Link |  Bookmark | September 19, 2016 8:52:06 PM
Well said 👍👍👍👍👍
343.2. vishwas patil |   Link |  Bookmark | September 19, 2016 8:52:08 PM
Well said 👍👍👍👍👍