There are few people who did bid for more than 1 lot here. So overall retail subscription showing: 1.11 but in actuality, unique applications submitted till now are: 0.92
785.4. U. K.| Link| Bookmark|
May 6, 2022 2:47:44 PM
IPO Guru (1700+ Posts, 900+ Likes)
How many of them are correct????? Big question. To find answer wait till allotment
Cherry on top Axis MF 2-fund managers sent on leave by SEBI, allegations of insider trading Very very negative for 7th largest Indian MF and also for market - source Zee business
782.1. antarix| Link| Bookmark|
May 6, 2022 2:30:31 PM
IPO Guru (1100+ Posts, 800+ Likes)
Most of these fund managers do this insider trading. Some are caught by SEBI, as per SEBI's convenience.
Union Bank Internte banking is still allowing Third Party ASBA applications upto 5 applications. Shall I use it for applying the 5 applications for my family members? Will those gets rejected? Please confirm
Thank you so much @lokes your suggestion was completely right. The amount was automatically discounted in the pol option for my asba.
I have a new question for the experts: 1) Can i apply from policy holder and Individual both from ASBA or only choose one of these option? 2) Since this is such a huge ipo in terms of amount when should I invest basis subscription in retail and HNI?
Can Initiates ur Decision near 2 pm. Calculated Risk taken in Ruchi Soya and it rewarded handsomely to some smart player.
Hava ka Rukh badalne ko time nahi lagta.
Here Risk Reward is Good, not like Paytm or Cartrade.
My verdict. Irrespective of market condition, i am applying 8 lots is retail, 5 lot in policy holder ( 3 out of 5 will be 2 lakh application). Skipping HNI.
@Amit Chheda, very valid points. Retail and PH - 'blind apply' (no need to think much).
HNI can decide the lots on Monday after seeing HNI and QIB (for me QIB interest is important as HNI may possible to sell on listing day for listing pop).
(Personally Ruchi was almost risk free and it was easy to go FF. For LIC risk reward is there)
Applied two single lot applications in retail category and one full lot application in policy holder category. Could not apply other eligible full application in policyholder category due to Axis bank internet banking problem but hopefully apply same by Monday 12 Pm. Market condition led by Fed and RBI interest rate increase will not defer or change my decision.
Because 1. LIC is known to maximum people of india. 2. Its the biggest IPO in Indian stock market history. 3. One of the biggest employer 4. LIC ke paas bahut paisa hai. 5. Overall 4 % of Indian stock market is controlled by LIC. Many more feathers can not describe due to lack of time
773. Arca| Link| Bookmark|
May 6, 2022 11:59:09 AM
(1000+ Posts, 500+ Likes)
@ admin Please post application wise retail and when can we expect boa of campus
@lokes sir i have 9 different accounts please suggest how do i apply in this LIC ipi for maximum allotment please sir
772.1. lokes| Link| Bookmark|
May 6, 2022 12:48:42 PM
IPO Guru (4400+ Posts, 5100+ Likes)
it all depends on how much funds you have and how much allotment you want. As per my opinion, apply 1 lot in retail category in all 9 demat accounts, don't take much risk. you will be allotted anything between 6 to 9 lots. total approx. In retail category, discount is there, so risk won't be there even if it will list at par. But mostly it will list with some premium.