It is very clear that no city in India will give this kind of high Premium. This guy is out to fool and mislead people by quoting whatever figures the thinks or which comes to his mind. Do not post messages which are wrong. Post messages only when you are sure that the figures are from reliable sources.
1116. PSR| Link| Bookmark|
July 20, 2016 6:01:52 PM
IPO Guru (1200+ Posts, 700+ Likes)
www.smartinvestment
Daily Market Outlook: 20th July 2016 (Wednesday)
Advanced Enzyme IPO Opens today
Grey Market Premium of Advanced Enzyme IPO fall to Rs. 340 / 345
Don''t sell unless & untill you need quick gain . Many investors have an eye on it who are willing to buy it any cost for investing purpose , it has potential to reach till 1000 anywhere between 3 months !! For 1 year it can be upto 1000 ~ 1200 !! Hold on tight don''t be afraid to invest at any cost coz upward trend is felt & will support rally !! I have 40 shares & will try to cover more at market price tomorrow !!
‘Retail individual investor’ means an investor who applies or bids for securities of or for a value of not more than Rs. 2,00,000.
(ii) Non Institutional Investors (NIIs)
All applicants, other than QIBs or individuals applying for less than Rs. 2,00,000 are considered as NIIs. Typically, this category includes High Net Worth Individuals (HNIs) and corporate bodies.
BOTH QIB''s & NII''s shows as below Rs. 2,00,000, what are the other criteria? Can we apply as NII''S with below Rs. 2,00,000 .
What is the difference between retail investor, Non-institutional bidders and Qualified Institutional Bidders (QIBs)?
Investors can apply for shares in an IPO in 4 different categories:
Retail Individual Investor (RII)
In retail individual investor category, investors can not apply for more then Rs two lakh (Rs 2,00,000) in an IPO. Retail Individual investors have an allocation of 35% of shares of the total issue size in Book Build IPO''s. NRI''s who apply with less then Rs 2,00,000 /- are also considered as RII category.
High Networth Individual (HNI)
If retail investor applies more then Rs 2,00,000 /- of shares in an IPO, they are considered as HNI.
Non-institutional bidders
Individual investors, NRI''s, companies, trusts etc who bid for more then Rs 2 lakhs are known as Non-institutional bidders. They need not to register with SEBI like RII''s. Non-institutional bidders have an allocation of 15% of shares of the total issue size in Book Build IPO''s.
Qualified Institutional Bidders (QIB''s)
Financial Institutions, Banks, FII''s and Mutual Funds who are registered with SEBI are called QIB''s. They usually apply in very high quantities. QIBs are mostly representatives of small investors who invest through mutual funds, ULIP schemes of insurance companies and pension schemes.
QIB''s have an allocation of 50% of shares of the total issue size in Book Build IPO''s. In a book built issue allocation to Retail Individual Investors (RIIs), Non Institutional Investors (NIIs) and Qualified Institutional Buyers (QIBs) is in the ratio of 35:15: 50 respectively.
QIB''s are prohibited by SEBI guidelines to withdraw their bids after the close of the IPOs. Retail and non-institutional bidders are permitted to withdraw their bids until the day of allotment.
Apply for one lot only from all family Demat/IT PAN . For
New retail allotments are based on applications recieved.
Advance enzyme retail expected more then 8 lac application so 1 application out of 8 may get. 1 lot . U may apply safely Best of luck
1112. SkDash| Link| Bookmark|
July 20, 2016 5:48:17 PM
Top Contributor (1000+ Posts, 200+ Likes)
Folks, I am out of the IPO market since last few years once SEBI came with freezing on listing date. How the freezing works now a days? Is it that the price on listing day can be freezed at some %age above or below the listing price? I heard from somebody that there is no such rule in place now..
In QIB segment it is subscribed almost 10 times. In my opinion QIB comprise mutual funds and long term investors. No need to worry. It should not give loss in 01 year time frame.
Don''t sell even single share. Its one of the top 5 IT companies in India. Its very difficult to get allotment in IPO''s. Keep it for long term for dividends and bonus.
Hi bro....s, L&T ki listing kaha per ho sakti h. pls tell me that yeh share long term ke liya rakhne layak h ye sell kar du. pls. i got 4 out of 8 appl.
anyone applied through PNB ASBA? i applied through PNB ASBA. While checking the allotment status, it says "No record found". Anyone else facing the same problem?