ICICI Prudential Life Insurance Company Ltd IPO Message Board (Page 67)

I wish to apply using ASBA and I am also a Shareholder.
Please advise is ASBA has option to apply on-line both under RETAIL as well SHAREHOLDER.
I have understood that total should not exceed Rs 2 L.
Please advise

In Sbi asba, there is option. In Icici too there seems to b a option.

Koshtak 1100 premium 26.50

Mr Bhargav if your application in shareholders category is for more than 2 lac you cannot apply in general category .

Septa sir I am still confused please help can I apply both in shareholders category as well as in retail quota with 2 applications individually I.e one in shareholders quota & one in retail quota with same pan. Thanks

yes u can

Some extra bullishness is for allotment...( Arey, allotment hi nhi hoga to 10% or 20-30% ..who cares??..).better utilization of allotment + gain in ipl .....one can go for it...


Classified

remember IPL is in insurance sector which will be most affected by introduction of GST in April 2017... so it will make lowest base sometime in Jan- Feb 2017...

ICICI Bank is passing through tough time due to massive NPAs and need more and more funds to keep books Green.. so this is one of the key issue why the IPL is heavenly priced...coming to second thought the issue can be easily subscribed 4-5 times mainly backed by QIB and HNI participation, since ICICI knows very well how to lead in financial issues.. ICICI Securities is in business from past so many years.. so retail investors who are planning to apply at lower end is worthless... its better to apply at cutoff if want to apply...

Regarding post market listing... it may give small listing gain say 8-15% depending on market conditions... but may fell to below issue price after a month or so..since it is difficult to hold such large overpriced equity at higher base in falling market... remember financial market is at its highest valuation today....so one interested for listed gains can gamble but people looking for long term investment can buy in March 2017 below 340/- .. Again Insurance is slow moving business one cannot expect 30%+ CAGR in the sector so 30+ PE is also not justified....

Overpriced/underpriced is just illution ...
And it is just for comparision ..price itself a dependent quantity.we are not one that decide price of any stock.let market decide it...

My view....

7-8% return is very very hugh for 10 days..
4-6 months return can possible upto 25-35%

1st comer always hv much attrectiveness

(otherwise who will give SH kelkar to 350 or DR. Lal 1200....!! )

We buy/sell any stock because we found it underpriced/overpriced...than others but truth may b different...!!

Can you suggest me if I can go ahead and buy the ICCI Prudential IPO Shares ?

And May I Know as per your investigation or analysis how much return can we expect on listing day ?


Thanks & Regards

Surendra Mutyala

I am icici bank shareholder.can i apply two application 1 shareholder and 2 public retailor ?
Where is available shareholder catagory from ? And where is my from submit ?

ICICI Prudential Life Insurance IPO reports are mostly OK till. summary of some reports at http://ipoandmore.com/2016/09/14/icici-prudential-life-insurance-ipo-run-ipo/ show most brokers are +ve on this IPO and recommend to subscribe

how much will ICICI share holders portion of ICICI pru subscribe. Any guess ?

It is 12,98,237 lots in retail category, and not 14,42,485 lots as mentioned by my earlier post, the diff is due to non deduction of shareholders quota from 18,13,41,058 shares on offer. Net offer after deducting 10% icici bank shareholders quota stands at 16,32,06,952 shares.

Please post the anchor book details.

It''s hard to find value of IPL stock. Indian insurance industry is different than developed countries. Government rules for insurance sector like limit on foreign direct investment etc. is different. Comparison to developed countries listed peers is not a good idea. This is the first company going to be list in India. No exact peer comparison available in India.

Each analyst shows their own theory for calculation. But all theories comes from developed countries insurance sector.

I think we need to see ICICI brand, market share, parent company''s return to investors and apply this ipo.

This is the first company is going to list in India and many other insurance companies are in queue for listing i.e Tata, reliance, lic etc. Due to limit of foreign direct investment in insurance in India, Fii will come to open market to acquire after listing.

Mid to long term investors will get good return. May be possible listing is not good.

In anchor list whole world participation each and every part like coal india ipo this is life time opportunity don''t miss to subscribe this ipo these type of companies come in once in a dacate

Apply or avoid septa sir ?

I am applying this issue first timer more advantage price is rich however very good franchise and also very good anchor book

Facts show that the issue is ovrpriced. There is no doubt on this aspect.

If you feel reasonable rate is around Rs. 270, then the excess amount they are asking amounts to about Rs. 64 per share.

Now, we will have to evaluate whether the company has capability to generate enough returns on the investment of Rs.334. If so, we can simply apply.

On otherhand, we feel that the company can not denerate commensurate ruturns, in future, on the ivestment of Rs. 334 (per share) then we will have to ignore.

Hence, the issue involved as of now is Whether the company can generate adequate returns on the investment of Rs. 334.

Further, as 12,38,237 lots @44 per lot (as per he information available) are available for the allotment to retailers, all the applicants may get allotment and there may selling pressure on the listing day.

Apply in cut off only not bid price

solid anchor list !

https://www.nseindia.com/content/ipo/ANCHOR_ICICIPRULI.zip

If we apply for Rs300 and the issue is fully subscribed at cut of price''; then please guide whether the application of 300 will be considered or not considered for allotment of shares.

In such a scenario ur application will not b considered. U need to apply at cutoff if u wan allotment. This issue will b fully subscribed as per my view...mayb 1.3-1.5 times in retail.

cut-off price means others will decide the issue price and any price in the range is acceptable to you. So if you have applied for 300/- and the issue price is fixed above 300/- , your application will not be considered.