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.
361. Silapathar| Link| Bookmark|
September 19, 2016 11:38:45 PM
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.
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
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
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 (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.
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....
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
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.
why u r worry dear if u have dught for this issue sold your application for 1000 rs in grey matket no prob if you get shares or not......not even discount listing.....1000 on 14600 is= to 6%return for only 10 days and u will not lose even int in asba ......lets grey market players bearrrr lossess
Mr Manjit Singh do you have buyers who can buy applications at 1000/- , I can make nearly 100 accounts available to you people who are willing to sell application at 1000/- Don''t manipulate the forum... nobody has sold its application in 1000/.. as nobody is ready to buy at this rate,,,
even I tried to sell my application but couldn''t find any buyer. I agree with Mr Patterns that there are sellers only. I will only apply when I could be able to sell my application.
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.
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.
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.
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 (500+ Posts, 100+ Likes)
Read FAQs by clicking on my name "CLD". You will get all answers & many more.
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 (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%.
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