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ICICI Prudential Life Insurance Company Ltd IPO Message Board (Page 69)

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202. manjitsingh |   Link |  Bookmark | September 14, 2016 9:55:51 PM (900+ Posts, 900+ Likes)
they can give shares to azim sir at 100 rs also no restriction in that known as private placement
202.1. pablo Escobar |   Link |  Bookmark | September 15, 2016 8:41:21 AM
If u see wipro by mutual fund holding...then icici in top..strange na?? ..
Milibhagat hai sab ki.....only Anil .manibhai Naik hi paisa dega..aur koi nai...aaj 100x pakka NII mai...wait and see..retailer will run for applying but server becomes down..oh... o..
201. manjitsingh |   Link |  Bookmark | September 14, 2016 9:50:33 PM (900+ Posts, 900+ Likes)
first off all congrts to azim prem ji alloted SHARES AT some 227 RATE now at 334 rs so 40% gain...... wealthier become more wealthier.. where is sebi ..... azim sir got the shares at 19 PE and in 10 months we r talking to subscribe at 29 PE..... WHY.. and talking of gmp and kosak ...... let''s say 10% less rate down means issue at 300 rs some 600 crore less they get in there pocket..... no prob but when th ey r giving loans to corporate they r free to give any amt exp vijay mallya......thats y farmers r suisiting in our country
200. Sunil Patel |   Link |  Bookmark | September 14, 2016 6:13:33 PM (400+ Posts, 200+ Likes)
GNA 20 Kostak 400

L&T 23 Kostak 250

IPL 23 Kostak 950
200.1. IBD |   Link |  Bookmark | September 15, 2016 9:20:54 AM
Thanks Sunil bhai, please keep these posted.
199. MUDIT NATANI |   Link |  Bookmark | September 14, 2016 5:21:50 PM
current gmp and kostak please inform.
198. Jai |   Link |  Bookmark | September 14, 2016 2:48:13 PM (300+ Posts)
HPL electronic and power...ipo..
On 22 sep
197. RAKSHIT PATEL |   Link |  Bookmark | September 14, 2016 2:07:47 PM
shall be apply gna ipo or aviod ?
196. DB |   Link |  Bookmark | September 14, 2016 12:30:28 PM
Hi friends,

DB here.

Nifty to touch 8760-8790 either today or tomorrow led by banking stocks.
195. IPOOOO |   Link |  Bookmark | September 14, 2016 2:28:32 AM
We should submit separate application for each lot or single application for more than 1 lots. Is there more chances for separate applications for each lot or same for single application for more than one lots.
195.1. ritesh solanki |   Link |  Bookmark | September 14, 2016 9:11:15 AM
no u cant apply more than 1 application in same ipo ( or else its get rejected as same pan number entry)


for this benefit u open family member demat account and apply on family member name
195.2. arun ARUN |   Link |  Bookmark | September 14, 2016 5:42:44 PM
You need to submit two forms. ICICI sharehloder form is pink in color or available from BSE/NSE website.

If you have applied less than Rs. 2 lakh in ICICI shareholder quota then you can take regular form also and apply either as retail or HNI
194. Priya |   Link |  Bookmark | September 14, 2016 12:32:11 AM
HPL Electric and Power Ltd, which manufactures electrical equipment such as meters, switchgears, wires and cables, will launch its initial public offering (IPO) on 22 September, said three people aware of the development.

The company is looking to raise between Rs.350 crore and Rs.400 crore through its IPO, said the first of the people, requesting anonymity as he was not authorized to speak to the media. “The IPO will open on 22 September and close on 26 September. The anchor book will be opened on 21 (September),” he said, adding that the price band will be finalized in a couple of days.

The anchor book is the portion of the IPO that bankers allot to institutional investors on a discretionary basis. Anchor book subscription typically opens a day before the IPO opens.

SBI Capital Markets Ltd, ICICI Securities Ltd and IDFC Bank Ltd are financial advisers to the issue.

“HPL Electric & Power Ltd has filed a draft red herring prospectus with capital markets regulator Securities and Exchange Board of India (Sebi) for its initial public offering (IPO) on February 25th, 2016. The company has received the Sebi clearance in May 2016 which is valid for a year. The timing of opening the IPO will be decided by company in consultation with BRLMs (book running lead managers),” the company said in an emailed response.

HPL, led by Lalit Sheth, is looking to dilute 25% of the promoter stake, bringing it to around 75% after the IPO.

The company intends to use the proceeds for repayment and prepayment of loans, funding working capital requirements, and general corporate purposes.

According to the draft papers, for the first six months of fiscal 2016, the company reported a consolidated revenue of Rs.550.82 crore and a profit of Rs.16.34 crore. For the full fiscal year 2015, it reported a consolidated revenue of Rs.1,051.85 crore on profit of Rs.34.62 crore.

So far this year, 17 firms have raised almost Rs.11,936 crore through initial share sales, according to data from primary market tracker Prime Database. Last year, 21 firms raised Rs.13,614 crore through the IPO route, data showed.
194.1. abbas |   Link |  Bookmark | September 14, 2016 10:50:13 AM
Hi,

Shall we apply IPO in GNA????
193. Madar |   Link |  Bookmark | September 13, 2016 10:55:49 PM
Not good ipo if came at 300 would have been good
192. Dilip Davda |   Link |  Bookmark | September 13, 2016 10:38:31 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
Asking price for this IPO is at around 30 P/E based on last three year''s average EPS. This being the first IPO in insurance sector with no peers to compare with, it is taking advantage of higher pricing to test the market mood. Sector has turned most competitive with nearly 20 players doing cut-throat competition to grab the business. Thus although the sector is set for a boom ahead, performance of the company will largely depend on its ability to generate business in highly competitive environment.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

192.1. Dilip Davda |   Link |  Bookmark | September 13, 2016 10:41:57 PM
Top Contributor Top Contributor (200+ Posts, 300+ Likes)
WE should not compare this IPO valuation with foreign companies as the atmosphere for insurance business and the treaty from Government totally differs in the Indian context. Hence if one is very keen for this IPO, he may opt for minimum lot. We have seen some companies being merged or folded up in the recent past. Thus insurance sector here is also on test for now.

Dilip Davda
SEBI registered Research Analyst
Mumbai

Read my IPO Reviews

191. Septa |   Link |  Bookmark | September 13, 2016 8:07:04 PM (4000+ Posts, 4600+ Likes)
A good assets become a bad investment if you pay to much for it IPL clear market leader in it space however asking price is rich compare to what value u normally give to a insurance company.. however given the state other assets ur traditional debt assets return of 7% punter is happy to pay higher price.

As i said before it will lapped by FIIs and DIIs and will also be liked by retail investor IMO this will give good listing gain so one can apply

In regards to L&T Tech i have the same view i am going to apply also in case of GNA Axles

Also Admin Mehul Mehta who now contributes as Shalu is given false statement conjugated and concocted statement please do something to this pest

I really do not care if am i wrong however false statement about me or for that matter anyone i cannot stand
190. gamble |   Link |  Bookmark | September 13, 2016 5:14:27 PM (1600+ Posts, 3900+ Likes)
We cannot compare ipL to any foreigner peers..because generally their''s stocks commands Less PE then ours(our mkt is costly !!)and their own prob.

With first mover advantage IPL can commands 32/33 PE ....i.e 370/382 ...!!

(if price band upto 300 hoti then IPL clear lottery/jackpot hota..but 334 also good)

Ground report also seems positive...one can go for IPL..my view....

Classified.
190.2. LoneRanger |   Link |  Bookmark | September 13, 2016 5:28:29 PM (200+ Posts, 200+ Likes)
Other thing in my opinion is it is a lucrative and very profitable business. Just brand name is needed. I am also positive on this IPO. May avoid L&T and little bit application in GNA that too based on last day HNI subscription figure.
190.3. gamble |   Link |  Bookmark | September 13, 2016 5:30:25 PM (1600+ Posts, 3900+ Likes)
Agree @LoneRanger.
189. kartar Singh |   Link |  Bookmark | September 13, 2016 3:39:12 PM
i have 300 shares of icici preference given for share holder pls advise
189.1. Sunil Patel |   Link |  Bookmark | September 13, 2016 6:01:41 PM (400+ Posts, 200+ Likes)
While applying you can apply as an share holder category.
188. shalu |   Link |  Bookmark | September 13, 2016 3:28:13 PM
How to value insurance co share ? What is book value and roe post ipo and next year of ipl ?
187. Pete |   Link |  Bookmark | September 13, 2016 2:13:47 PM
I''m having a demat and saving account in icici will I be given any preference for that???
187.1. SATENDRA DUSAD |   Link |  Bookmark | September 13, 2016 2:44:59 PM
No, preference only for shareholders
186. pinkyjain |   Link |  Bookmark | September 13, 2016 1:20:29 PM
ICICI Apply (10%)
L&T Apply (5%)
GNA Avoid
186.1. MUDIT NATANI |   Link |  Bookmark | September 13, 2016 1:35:08 PM
Pl. Write down gmp of icici and l&t. And what is trende up or down side
185. Sbr |   Link |  Bookmark | September 13, 2016 12:31:36 PM (200+ Posts)
No buy for live prieumam icici.
184. Sunil Patel |   Link |  Bookmark | September 13, 2016 12:08:53 PM (400+ Posts, 200+ Likes)
GMP have increased. Near to 23.

Kostak 950.
184.1. Sunil Patel |   Link |  Bookmark | September 13, 2016 12:10:10 PM (400+ Posts, 200+ Likes)
Sell your applications in Gray market.
183. gamble |   Link |  Bookmark | September 13, 2016 11:43:39 AM (1600+ Posts, 3900+ Likes)
Don''t know why, but wave about ipL ipo is very positive ,brokers also seems positive , just wait for GMP shoot up above 25/27 ..also waiting for reserch firm reports.
.7-8% on table may b...