Bro abhi tak ka toh Rainbow hi chal raha hai... LIC ko baut girna hai before it can be called the worst... Hopefully we all will be able to cut our losses... I pray it goes to 910 once so that we can all lower our holdings, the ones 2ho haven't till now
Worst IPOs ranking in my experience. 1. Paytm 2. Cartrade 3. Lic
1648.4. abc xyz| Link| Bookmark|
May 17, 2022 7:24:32 PM
IPO Guru (1100+ Posts, 1100+ Likes)
Worst ipo of the decade
1648.5. arunARUN| Link| Bookmark|
May 17, 2022 9:43:41 PM
IPO Guru (1900+ Posts, 1600+ Likes)
I disagree with assessment of worst. If some one had insight why it is worst it should have been shared earlier. I had said closing below issue price but it happens with many issues. They don't become worst
few positive in this disastrous listing of LIC today: -- LIC became 5th largest market cap in listed company with market cap of rs 553,000 crore.. -- it may soon be part of Sensex and nifty with it's sheer size... -- LIC holds stakes in most of Indian companies.. most of them are green today.. (except LIC !!!), -- market back to green with a bang with nifty 400points up.., Sensex 1300 points up.. LIC listing day -- lucky charm for market!!
1646.3. Jetha Lal| Link| Bookmark|
May 17, 2022 6:18:52 PM
IPO Guru (1000+ Posts, 2100+ Likes)
@Amit.K.Singh are you aware how a company become part of any index including Sensex/Nifty etc? It becomes on the basis of Free float market capitalisation and it's free float is just 3.5% of 6 lakh crore (at IPO price) which amounts to 21000 crores only. It can't even become part of Nifty Next 50 index too. Retailers and Policyholders should exit with minimal loss instead of bright hope. No stock can move without institution interest and demand. IPO subscription data shows that No major institution have any interest in this except few DIIs but they won't able to absorb much. Retail individual have a lot of quantity and it will be sold again and again once it touches its issue price. IRFC can be best example. Apply logic not Emotion.
@jethalal, free float will increase.. it can not stay at 3.5%..
1646.5. arunARUN| Link| Bookmark|
May 17, 2022 9:46:36 PM
IPO Guru (1900+ Posts, 1600+ Likes)
Well if rate keep on falling then free float value will also fall. Would GOI dare to sell below this IPO price in FPO? Well Govt had done so many odd things in past. Like selling part of NHPC at 36 and then buying it back at Rs 19 later on after 7 8 years Worst IPO share from GOI after SCI FPO
-- LIC and AWL will be classified as Large cap when AMFI meets on 1st July.. -- LIC holds 4.5% in Indian stock market. Holding LIC is itself , holding a diversified portfolio.. so not expecting big downside..
Disclaimer - I have already predicted flat listing for LIC, only hold 3 lots (retail).. No plan to add more or sell any...
Business channels are even afraid to tell that it is very poor listing. Instead, they are telling that retailers got chance to exit with profit. What a pity. Sach bolne se bhi darte hain.
1645.1. arunARUN| Link| Bookmark|
May 17, 2022 9:26:32 PM
IPO Guru (1900+ Posts, 1600+ Likes)
It is factual but they could have said that many people are disappointed with listing
1645.2. abc xyz| Link| Bookmark|
May 17, 2022 9:33:54 PM
IPO Guru (1100+ Posts, 1100+ Likes)
True. Before Ipo no analyst and business Chanel s were saying that apply for portfolio stock and for long term. But on the listing day all these bloody fellow were saying that this kind of Listing was expected. Nowadays one can manage the things with money and power. This is the classic example of this fact. Hence Retailers have to use their mind before deciding any decision.
Jal Kyon Rahi hai Maine kisi ko Tag Nhi kiya Kisi ka Name Mention Nahi kiya. Pehle Bade Bade Articles Mein Tag karke Name Mention Karke Beijjati ki Gayi. Hume koi Ghamand Nahin hai Raja Ravan ka bhi Ghamand Choor Choor ho gya. Humari to Aukaat hi kya hai!
LIC Forum पर अगर कुछ लिखने में मेरे से कोई गलती हुई हो या किसी को ठेस पहुँची हो तो सच्चे मन से बडे़ बड़ों, छोटे बच्चों से हाथ जोड़कर पैर पकड़ कर माफी मांगता हूँ 🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏!
1644.8. K.Atar| Link| Bookmark|
May 17, 2022 8:43:44 PM
IPO Guru (1000+ Posts, 700+ Likes)
1643.1. Jetha Lal| Link| Bookmark|
May 17, 2022 8:40:09 PM
IPO Guru (1000+ Posts, 2100+ Likes)
What is Bulk deal? A bulk deal is a trade where total quantity of share bought is more than 0.5% of the number of shares of the company. 0.5% of LIC is ~3K crores and No Institution want LIC in this much quantity.
Was reading a post from a prominent member dated 14/02/2022, where the indicative price band was Rs. 2000 +/- 200 with GMP of Rs. 20/-. Since then it seems Govt was wise to reduce the price band to a reasonable level. Even if the issue was priced at around 2000 levels, it would've sailed through, but might have crashed drastically post listing. Must say that Retailers are spared in this issue.
Russian Ukrain war se pehle too 1800 Rs pe IPO Lana chahte the .....soch loo kya hoota...kehte the LIC ka market cap reliance se bhi uppar hoo jayega...
Very sad ...what to do with embedded value when a share cannot list atleast at par...I sold all at 902 Rs and invested that money in RIIL at 1007...it closed at 1042...having strong news will go atleast 1500 rs...in 6 months time....
1640. abc xyz| Link| Bookmark|
May 17, 2022 7:23:37 PM
IPO Guru (1100+ Posts, 1100+ Likes)
Big announcement from LIC, They are going to launch new policy from tomorrow.... LiC ipo loss recover policy 🤪🤪
"People dont believe in their management & policies. Typical goverment official mindset. Bad experience with their service in past. May be major reason for under scbsription. I believe their listing will be below subscription values. I am staying away from them."
जीआईसी के वक़्त मैं लांग टर्म उल्लू था जो बार बार इस प्रमोटर की चालों में फास जाया करता था| मगर अब बस हो गया, अब और नहीं| जो लिस्टिंग पर नहीं बढ़ पाया, इशू प्राइस तक भी नहीं पहोच पाया, ऐसे शेयर के लिए मेरे पोर्टफोलियो में कोई जगह नहीं है |
@LOKES @ IPOANALYSIS I AM IN HUGE LOSS IN RAINBOW KINDLY ADVISE WHAT TO DO AND WHAT ABOUT LIC FUTURE THANKS
1635.1. lokes| Link| Bookmark|
May 17, 2022 2:36:35 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@kanwarjit: i have given my opinion here in below post, for both lic/rainbow....please read all comments here.... and be careful in future in applying as suggested in below post comment no. 12.....
@ LOKES thanks for the reply but I applied as per this forums members positive sentiments towards rainbow and lic kindly also suggest if it is OK to hold both for long term
I have not received my remaining amount. Got 77 shares. Got sms saying your bank is instructed to deduct so and so and release so and so amount. Who to contact ? Some people have lower listing as only problem... I have 2 of them... Haha. Any help appreciated.
@ K Atar Once you said that I have some maturity. Today I realise, I have got some maturity. Had I complied with you and some others on the matter of posting the message before/during bidding what would have happened today ? You may have taken it otherwise. Really I have got some ......
1633.1. K.Atar| Link| Bookmark|
May 17, 2022 6:06:04 PM
IPO Guru (1000+ Posts, 700+ Likes)
It was very wise of you that you did not replied and i took it as sign. I admire your knowledge, expertise and wisdom. Already stuck in campus/ranibow so didn't wanted to strike both legs, so had to see through LIC (wish i would be wrong and LiC bounces back roaring tomorrow morning). I did not applied and have no ill feelings towards the allottee. Wish they could make profit of it as soon as possible. Regards
1632. Eagleye| Link| Bookmark|
May 17, 2022 5:54:17 PM
IPO Guru (6600+ Posts, 21900+ Likes)
Hi guys, If you have invested in some good Quality stocks like TCS, ULTRATECH, TATA STEEL, L&T, HINDALCO ETC. which falls quite heavily from last five session, you will definitely gain handsome profit today.