Ipo gurus and ipo seniors.... what's your taken on this ipo....hold this for long term as government left lots of value to investors considering it was suppose to come at 1,800 if not war. 3 full policyholders of 2 lakh each 7 retail application I can keep investment for long term in 3 account's but what's the time horizon for long term....year's or 2-5 months.
What if !!!?!! Macquarie or Morgan Stanley suddenly wake up in the listing day morning and say "Target of LIC is 500" Like they did it on PAYTM???? Scared 😨
Morgan Stanley में लोग एक दिन पहले ही रात को बैंक में लाइन लगा कर बैठ गए थे फार्म जमा कराने के लिए! उस जमाने में Demate नहीं था! 7-10 रुपये Premium पर Grey market में सौदे हुए थे और लिस्टिंग हुआ Discount पर सब ने हाथ खड़े कर दिए Grey market में खरिदने वालोँ ने!
No I just assumed what Macquarie can do?(or any other FII) Did you ever seen a FII group like Macquarie present a report on a stock which is going to list on very morning???? And that too 50% less target? Did it ever happened in Indian IPO or market history
I had applied for 6 lot from upstox for my sbi and I accept UPI mandate through gpay but still in my application banking detail it still showing pending.not getting what to do. . .help all the member@Avenue @lokes other investors
Applied via UPI. Even when AWL is sleeping like it is dead from last n.n.n days what to expect from LIC. But anything can happen and we can anything from happening if we control our greed. Put 2L in Tata Elexie and it will reward in 1 month.
Guys this will give decent listing to retail and policy holders. Enjoy and nothing to worry about negative return as we can expect listing near 950-1050 🤞🤞🤞
1024. jay here| Link| Bookmark|
May 9, 2022 7:52:04 PM
IPO Mentor (700+ Posts, 500+ Likes)
I'm bit confused and worried,I have applied 7 lots in ph so It is okay if I will be allotted 1 or 2 lots as i have risk capacity of max 2 lots only,my fear is I should not get more than 2 lots.Is it possible that I would be allotted more than 2 lots? Please someone clarify as applied first time in proportional basis allotment.
1020. ipo stonks| Link| Bookmark|
May 9, 2022 7:07:54 PM
Top Contributor (200+ Posts, 200+ Likes)
Finally issue closed. Created history with retail applications. A whopping 73,37,575 retail applications translating to roughly 12,450k crores. Confirmed with my broker in Bajaj, GMP never went negative till now, but trading in single digit.
1020.1. ipo stonks| Link| Bookmark|
May 9, 2022 7:35:41 PM
Top Contributor (200+ Posts, 200+ Likes)
@Admin Is this the most voted IPO on chittorgarh ?
@lokes, If I may ask, PH applications are of how many lots each?
1018.4. lokes| Link| Bookmark|
May 9, 2022 3:43:51 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@GJ: i am having one account only from PH category and i applied for 14 lots in that, if i had more PH accounts, i would have applied in them too with 14 lots. Applied 4 other (max from me) retail applications. @have faith: i am buying/adding large caps mainly in small quantities like maruti/ultratech/reliance/axis/hdfc/hdfc bank/icici/asian paints/Bajaj finance/titan/Infy and added some AWL , aarti industries and latent view today.
14 lots PH, HNI 15 lots, and one retail application (also posted in Mravi thread) I'm convinced LIC have left enough on the table with fair valuation and trust in business acumen of current govt In the mid term price will settle somewhere around it's peers valuations - anything higher would be a bonus Looking at confidence and trust of policy holders (healthy subscription) I believe LIC market share in not going anywhere at least for now
1018.13. Venkatram| Link| Bookmark|
May 9, 2022 7:14:54 PM
Top Contributor (300+ Posts, 100+ Likes)
Applied 1 PH max 14 lot application and 2 Retail lots (1 lot) as only 1 account was qualified for PH.
expecting 4 to 5 Lots allotment. Hoping for 1050+ listing.
I am holding all 500+ shares allotted. Certainly no appetite of adding more. I will sell some 100-200 shares in 930-950 whenever it comes, and might hold the remaining for long term.
1017.3. Krishna T| Link| Bookmark|
May 9, 2022 6:08:55 PM
IPO Guru (1600+ Posts, 900+ Likes)
Exactly. People are just seeing subscription numbers, without seeing Issue Size of LIC. LIC issue size is 21000 Cr., whereas other IPO's issue size ranges between 100 Cr. - 8000 Cr.
CONSIDERING ISSUE SIZE OF 21000 CR., THIS SUBSCRIPTION NUMBERS ARE BETTER THAN OTHER IPO's.
@Krishna T on which basis subscription numbers are way better than other IPOs ?? Qib subscription nearly 3 times even if you look at figure less then 15k cr. Last ipo campus had far better number than this IPO lic is one of the most hyped IPO of Indian IPO history this numbers are surely disappointing only retailers number is better than other IPOs Plz explain
1017.5. antarix| Link| Bookmark|
May 9, 2022 6:27:40 PM
IPO Guru (1100+ Posts, 800+ Likes)
Considering the present poor market conditions and the big issue size, LIC IPO has been subscribed decently.
In Campus, reserved portion of QIB was only 278 Cr., whereas in LIC, QIB Reserved portion is 3751 Cr.
Now, do cross-multiplication of QIB subscription numbers with respect to LIC reserved portion, you will get that this subscription numbers are way better than other IPO'S.
Sir how much money QIB put on both IPO ??do calculation campus subscribed by 150 times with 278 cr reservation 150×278 = 40000+ cr. where lic subscribed 3 times 3×3751= 11000 cr
Param Patel. That is ok sir but now please give your final estimate on the listing price of Rainbow where QIB subscribed 38 times. I also want to learn how to predict the listing price by the QIB data.
Some media houses and their anchors and some foreign brokerages always try to scare investors. In 2020 one of them gave 1900 target on Bajaj finance and then Bajaj finance went to 7000. Now again the same brokerage gave 6000 target on Bajaj finance. Those who predict before the event or movement are true analysts. Those who come afterwards and predict more losses know nothing.
1015. Trueinfo| Link| Bookmark|
May 9, 2022 6:16:04 PM
IPO Guru (1900+ Posts, 1700+ Likes)
Subscription almost 3× is good seeing size of IPO and market conditions. It's a no brainer that 8-10% gain is very much on cards. Like Ruchi Soya, those who didn't apply or cancel their bids will repent.
1015.1. antarix| Link| Bookmark|
May 9, 2022 7:02:11 PM
IPO Guru (1100+ Posts, 800+ Likes)
8-10% gain? 😍 I have applied and your message made my day.
1012.2. antarix| Link| Bookmark|
May 9, 2022 6:32:14 PM
IPO Guru (1100+ Posts, 800+ Likes)
@IPO Electrifying - I doubt that it will list in huge discount as you said. There is possibility of flat or may be minor discount say 4-5% (from 949 issue price) but 'huge discount' is like being too pessimistic.