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Life Insurance Corporation of India (LIC) IPO Message Board (Page 80)

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249. SekharG |   Link |  Bookmark | March 9, 2022 10:13:47 AM
Is it good option to use TCS buyback. I there any option to execute buyback option in HDFCsecurities. please suggest
248. shareHunterz |   Link |  Bookmark | March 9, 2022 6:43:00 AM
Unconfirmed news: Government may postpone IPO till may.
247. Gujju IPO |   Link |  Bookmark | March 9, 2022 6:15:43 AM
Top Contributor Top Contributor (500+ Posts, 200 Likes)
SEBI approves LIC IPO
246. Amit Chheda |   Link |  Bookmark | March 7, 2022 10:17:45 AM
IPO Mentor IPO Mentor (700+ Posts, 900+ Likes)
TCS Name is enough..
Just Matter of some time. Soon it will be 4000 plus.
This War will end and so called Crude will cool off. 4 din ki chandni he and mega sale is there to grab opportunity.
246.10. Asoke sarkar |   Link |  Bookmark | March 8, 2022 7:23:34 PM
IPO Mentor IPO Mentor (600+ Posts, 700+ Likes)
I have enjoyed the discussion in this thread. Very good.

@Amit k singh
But I beg to modify some data. In 1988 dollar vs Rs was in the range of 14 , in 1989 it was16-17, 1991 (Chandra sekhar) 22-23, 1992 (Narsingha rao) 25-26 and increased to 35-36 in 1996 @ average 2 per year. So 50 is an exaggerated figure.
Dollar vs rs reached 50 in the year 2011.
Thank you
246.11. amit K singh |   Link |  Bookmark | March 8, 2022 7:52:59 PM
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
Thanks Ashok for correctingthd data..

In 1988, one dollar was around 12 rs,in 1996 it was around 36 rs. It was sharpest ever fall of rupee to one third in a 8 year period.. I am quoting this 8 year peroid as it was turning point of rupee depreciation without any war or drought or any other major event..
245. Asoke sarkar |   Link |  Bookmark | March 7, 2022 9:29:49 PM
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Amid utter morbidness , I happen to inform that the nifty pe has breached the covid low of 20.4 and settles at 20.39 on closing basis . Incidentally it is 6yr low figure and 7.5 yr low except one occasion. Dollar index 97.2 at 2yr high .Brent crude
marked at $139 today and approaching 14 yrs old all time high of $147. Dollar vs rupee at 76.97 on closing basis is also all time high. No respite is visible as the position of war is worsening day by day.
245.2. Ou Ai |   Link |  Bookmark | March 8, 2022 12:44:57 PM
Top Contributor Top Contributor (300+ Posts, 300+ Likes)
Recalling your previous post wherein we discussed Nifty breaking 16800 adjusting to new reality of earnings and PE valuation, we must say it took this journey more rapidly than we imagined. Ongoing geopolitical skirmish with unprecedented collateral damage to many big economies and global trade, increase in oil & gas prices, commodities price increase with shortages, and countries diverging from previously taken for granted cooperation's and allegiances is likely to hit earnings by way of inflation, cost pressures and many other unknown factors. All point to one thing, earnings decline in coming quarters that can shake up the PE again rendering further decline in current prices or at best remain at same level. This damage is unlike covid wherein pressures from global trade did not figure prominently. Rise from here is not going to be as rapid as in post covid even if the ongoing invasion were to cease.

In times like these long term tends to be 5 to 10 years assuming most ended up buying in bull phase and sitting on prices much lees their buying price (barring few seasoned old timers who sit on historical prices) whereas in a bull phase long term tends to be 2 to 4 years.

While this is a real opportunity, wait could be longer and naturally times like these experts who raced to offer recommendations in earlier times disappear. Each new rise comes up with new set of stocks. Last rise it was mainly chemical stocks. Let us wait to see this turnaround nest 12 to 24 months...to identify new ones...
245.3. Asoke sarkar |   Link |  Bookmark | March 8, 2022 6:52:16 PM
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** Dollar index should be read as 99.2 instead of 97.2 (a typo error)
Dollar index is a very important tool to read the market . One year ago it drifted below 90 continuously receding from 99 level. Now is a reversion having history of going to as high as 128.
@Ou Ai
Thank you for your very useful opinion.
Your last para is very interesting. Experts are the childern of boom market.
244. NerdyBoyy |   Link |  Bookmark | March 8, 2022 9:47:28 AM
Hi Members,
Please suggest to me the best bank to open a bank account and Demat account for HUF. I need this only for the purposes of applying to IPOs, so please suggest the lowest cost options.

Thanks
243. arunARUN |   Link |  Bookmark | March 7, 2022 3:37:05 PM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
Extract from Sharekhan pre IPO note on LIC

LIC in its draft red herring prospectus (DRHP) has said that there would be reduction in the availability of surplus to participating policy holders following the amendment to Section 24 of the LIC Act might make its policies less attractive to some customers. Prior to amending the Section 24 of LIC Act, the lifeinsurer had one single consolidated 'LifeFund'. The surplus in the Life Fund was distributed between the policyholders and the shareholder/ Government of India in the ratio of 95:5. After the amendment, the LIC board was mandated to maintain two separate funds, i.e., a participating policyholders' fund and a non-participating policyholders' fund and, from September 30, 2021, two funds were maintained. As on September 30, 2021, the participating policyholders' fund aggregated to Rs.24.6 trillion and the non-participating policyholders' fund aggregated to Rs.11.4 trillion. The surplus for the non-participating policyholders' fund was Rs.1,408 crore. Post-segregation of the Life Fund, 100% of the surplus generated out of the non-participating business is available for distribution to all of the shareholders. The surplus from the participating business is now modified as 90% by regulation which is what the other private players do and the corporation expects to do this in a phased manner.

There were lot of people who were confused thinking that 39 lakh crore (39 trillion fund belonged to LIC)
243.1. Asoke sarkar |   Link |  Bookmark | March 7, 2022 7:10:45 PM
IPO Mentor IPO Mentor (600+ Posts, 700+ Likes)
@ Arun2 sir,
The presentation is absolutely to the point and correct to the infinity as far as my knowledge in this subject is concerned.
But reading the concluding sentence, I am doubtful about something .May you kindly provide with any relative matrix so that we may understand something from the valid data ? Otherwise it will help people to misunderstand something which is very interesting for the people interested in this subject.
Kind response will be appreciated.
Thank you

242. Eagleye |   Link |  Bookmark | March 7, 2022 4:14:00 PM
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THE MOST RELIABLE
List of Mainboard IPOs IN THE PIPELINE
(Status as on 07th March 2022)

A) DRHP Filed – SEBI Approval *Overdue*: DRHP filed >2 months ago

1) Aadhar Housing Finance >>> DRHP filing date 24-Jan-21
2) UMA Converter >>> DRHP filing date 01-Jul-21
3) Maximus International >>> DRHP filing date 26-Aug-21
4) Infinion Biopharma >>> DRHP filing date 01-Sep-21
5) Tamilnad Mercantile Bank >>> DRHP filing date 04-Sep-21
6) Lava International >>> DRHP filing date 28-Sep-21
7) BVG India >>> DRHP filing date 30-Sep-21
8) Oravel Stays >>> DRHP filing date 30-Sep-21
9) Droom Technology >>> DRHP filing date 12-Nov-21
10) eMudhra >>> DRHP filing date 12-Nov-21
11) Nandan Terry >>> DRHP filing date 10-Dec-21
12) Maini Precision Products >>> DRHP filing date 14-Dec-21
13) Syrma SGS Technology >>> DRHP filing date 14-Dec-21

B) DRHP Filed – SEBI Approval *Awaited*: DRHP filed <2 months ago

14) Asianet Satellite Communications >>> DRHP filing date 22-Dec-21
15) Bharat FIH >>> DRHP filing date 24-Dec-21
16) Snapdeal >>> DRHP filing date 27-Dec-21
17) Protean eGov Technologies >>> DRHP filing date 27-Dec-21
18) Campus Activewear >>> DRHP filing date 27-Dec-21
19) Rainbow Childrens Medicare >>> DRHP filing date 27-Dec-21
20) TBO TEK >>> DRHP filing date 27-Dec-21
21) Venus Pipes & Tubes >>> DRHP filing date 27-Dec-21
22) Capillary Technologies India >>> DRHP filing date 27-Dec-21
23) Aether Industries >>> DRHP filing date 29-Dec-21
24) Sresta Natural Bioproducts >>> DRHP filing date 11-Jan-22
25) Sanathan Textiles >>> DRHP filing date 12-Jan-22
26) Course5 Intelligence >>> DRHP filing date 12-Jan-22
27) Landmark Cars >>> DRHP filing date 19-Jan-22
28) Dreamfolks Services >>> DRHP filing date 24-Jan-22
29) FabIndia >>> DRHP filing date 24-Jan-22
30) Imagine Marketing >>> DRHP filing date 27-Jan-22
31) Dharmaj Crop Guard >>> DRHP filing date 28-Jan-22
32) Ethos >>> DRHP filing date 01-Feb-22
33) Harsha Engineers International >>> DRHP filing date 04-Feb-22
34) Inox Green Energy Services >>> DRHP filing date 08-Feb-22
35) Cogent E-Services >>> DRHP filing date 09-Feb-22
36) Kids Clinic India >>> DRHP filing date 11-Feb-22
37) Life Insurance Corporation of India >>> DRHP filing date 14-Feb-22
38) TVS Supply Chain Solutions >>> DRHP filing date 14-Feb-22
39) Macleods Pharmaceuticals >>> DRHP filing date 15-Feb-22
40) Fedbank Financial Services >>> DRHP filing date 21-Feb-22
41) Archean Chemical Industries >>> DRHP filing date 21-Feb-22
42) Bikaji Foods International >>> DRHP filing date 23-Feb-22
43) Suraj Estate Developers >>> DRHP filing date 07-Mar-22

C) SEBI Approval *Received (<3 months)*:

1) Hexagon Nutrition >>> SEBI Approval 04-Mar-22
2) JK Files & Engineering >>> SEBI Approval 23-Feb-22
3) Elin Electronics >>> SEBI Approval 23-Feb-22
4) API Holdings >>> SEBI Approval 17-Feb-22
5) Wellness Forever Medicare >>> SEBI Approval 16-Feb-22
6) CMR Green Technologies >>> SEBI Approval 16-Feb-22
7) Jesons Industries >>> SEBI Approval 08-Feb-22
8) Capital Small Finance Bank >>> SEBI Approval 08-Feb-22
9) Uma Exports >>> SEBI Approval 07-Feb-22
10) Hariom Pipe Industries >>> SEBI Approval 28-Jan-22
11) Delhivery >>> SEBI Approval 13-Jan-22
12) Veranda Learning Solutions >>> SEBI Approval 11-Jan-22
13) Radiant Cash Management Services >>> SEBI Approval 10-Jan-22
14) Five-Star Business Finance >>> SEBI Approval 07-Jan-22
15) Waaree Energies >>> SEBI Approval 03-Jan-22
16) GPT Healthcare >>> SEBI Approval 29-Dec-21
17) Global Health >>> SEBI Approval 21-Dec-21
18) Veeda Clinical Research >>> SEBI Approval 21-Dec-21
19) Sahajanand Medical Technologies >>> SEBI Approval 17-Dec-21
20) Le Travenues Technology >>> SEBI Approval 16-Dec-21
21) Keventer Agro >>> SEBI Approval 16-Dec-21

D) SEBI Approval *Received (>3 months ago)*:

22) Emcure Pharmaceuticals >>> SEBI Approval 08-Dec-21
23) ESDS Software Solutions >>> SEBI Approval 03-Dec-21
24) Sterlite Power Transmissions >>> SEBI Approval 02-Dec-21
25) Godavari Biorefineries >>> SEBI Approval 26-Nov-21
26) VLCC Health Care >>> SEBI Approval 25-Nov-21
27) Healthium Meditech >>> SEBI Approval 24-Nov-21
28) India1 Payments >>> SEBI Approval 24-Nov-21
29) Gemini Edibles & Fats India >>> SEBI Approval 23-Nov-21
30) Electronics Mart India >>> SEBI Approval 22-Nov-21
31) Puranik Builders >>> SEBI Approval 18-Nov-21
32) Prudent Corporate Advisory Services >>> SEBI Approval 18-Nov-21
33) Tracxn Technologies >>> SEBI Approval 17-Nov-21
34) Fusion Micro Finance >>> SEBI Approval 16-Nov-21
35) Inspira Enterprises India >>> SEBI Approval 01-Nov-21
36) ESAF Small Finance Bank >>> SEBI Approval 20-Oct-21
37) Penna Cement Industries >>> SEBI Approval 14-Oct-21
38) Skanray Technologies >>> SEBI Approval 08-Oct-21
39) One Mobikwik Systems >>> SEBI Approval 07-Oct-21
40) Popular Vehicles and Services >>> SEBI Approval 29-Sept-21
41) Paradeep Phosphates >>> SEBI Approval 22-Sept-21
42) Northern Arc Capital >>> SEBI Approval 03-Sept-21
43) Chemspec Chemicals >>> SEBI Approval 30-Aug-21
44) Shri Bajrang Power and Ispat >>> SEBI Approval 26-Aug-21
45) Go Airlines (India) >>> SEBI Approval 26-Aug-21
46) Ruchi Soya Industries >>> SEBI Approval 13-Aug-21
47) Fincare Small Finance Bank >>> SEBI Approval 28-July-21
48) Jana Small Finance Bank >>> SEBI Approval 09-July-21
49) Medi Assist Healthcare Services >>> SEBI Approval 22-June-21
50) Utkarsh Small Finance Bank >>> SEBI Approval 03-June-21
51) Arohan Financial Services >>> SEBI Approval 23-Apr-21
52) Seven Islands Shipping >>> SEBI Approval 22-Mar-21
241. DSR |   Link |  Bookmark | March 6, 2022 6:14:56 PM
TCS buyback- aapne ghabrana nahin hai.

Will sell only above 4300.


241.7. Selena |   Link |  Bookmark | March 18, 2022 1:02:35 PM
@dsr
Abhi Delhi bohot dur hai.
Tcs abhi 4500 se bohot dur hai.
241.8. DSR |   Link |  Bookmark | March 19, 2022 2:29:09 PM
@Selena if anyone told you to buy TCS at 3500-3600 and within couple of months it will be 4500.. toh kono firki le raha hai.

240. Selena |   Link |  Bookmark | March 6, 2022 5:13:12 PM
TCS ne dhoti phad ke rumaal bana diya.
7 pe 1 ER ratio 15% only.🤣
240.1. manjitsingh |   Link |  Bookmark | March 6, 2022 7:32:14 PM (900+ Posts, 900+ Likes)
Every body wants to earn...Easy money is not that much easy.....
239. P Patel |   Link |  Bookmark | March 2, 2022 10:11:12 AM
IPO Mentor IPO Mentor (900+ Posts, 900+ Likes)
Meanwhile...............
HDFC Life is available @ 533
ICICI Pru Life @ 486
239.5. DHARMENDRA SHARMA |   Link |  Bookmark | March 6, 2022 11:02:41 AM
Top Contributor Top Contributor (500+ Posts, 100+ Likes)
Dear p patel jee,
Please reply sir jee 🙏.
Thanks
239.6. amit K singh |   Link |  Bookmark | March 8, 2022 8:41:23 AM
IPO Guru IPO Guru (1000+ Posts, 1600+ Likes)
I suggest to avoid Penny stocks.. also avoid buying penny stocks based on recommendations in a public forum..
238. Aryangupta |   Link |  Bookmark | March 5, 2022 6:33:15 PM
Is there any ipo in mrach
Or all dry no ipo rains this month
238.1. arunARUN |   Link |  Bookmark | March 6, 2022 9:59:50 AM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
It looks unlikely. Dry season. Last March 2021 we had heavy rains
237. Hari❤️ |   Link |  Bookmark | March 6, 2022 8:55:48 AM
Can anyone help me with this query regarding buyback
I am willing to participate in TCS buyback by tendering my shares... it's my first buyback participation....my shares are in Groww app....does anyone know how to tender the shares, I have got the mail regarding tendering from the registrar with Letter of offer and tender form...if anyone knows how to do please do reply... I'm having the shares in Groww app
Thanks in advance
237.3. DOWNEY |   Link |  Bookmark | March 11, 2022 9:14:28 PM
Groww me option hi nahi hai buyback ka....Ap nahi participate kar paoge
237.4. Hari❤️ |   Link |  Bookmark | March 11, 2022 9:16:44 PM
Thanks for your replies...I got a mail from the customer support along with the link to participate in the buyback👇
https://groww.in/buy-back/tcs-buyback
Open this link in desktop browser
236. Asoke sarkar |   Link |  Bookmark | March 5, 2022 6:38:15 PM
IPO Mentor IPO Mentor (600+ Posts, 700+ Likes)
We know that the price of a share mostly go up when a similar business IPO is expected in the market. Now here see how the LIC ipo has shattered those fellows.
Company...price 17/1...28/1...9/2...14/2....18/2*...24/2....28/2...drop...4/3 price
Sbil....................1287...1205...1125..1096..1150*..1054...1061....17.4%...1057
Hdfcl...................674.....620......600....557.....591*...532......523....22.5%....521
Iciciprul................615.....545.....516....502.....525*...467......479....22.1%....452
Corres.nifty......18308.17102.17464.16842.17276.16247.16794...9.2%....16245
If you study the price variation you will see that , with the news of the ipo, the share price of the mentioned shares have receded continuously without any bounce expect that between 14/2 and 18/2 though in this period we have seen several sharp bounce back in nifty .It remains mentioned that two out of the three belongs to nifty. With the news of probable postponement on 28/2 after market hours, these shares showed huge relief rally on 2/3 confirming its bearing . Now limping again with the yes/no.
These are mainly institutional fancy shares since inception not preferred by NII and retailers . In the IPO of SBIL four and a half year back, NII and retail subs were 0.7 times and 0.8 times respectively. For HDFCL it was 2.2 times and 0.9 times. For ICICIPRUL it was somewhat better.
So overhang will continue in the face of preference shiftment as much as provision for fund for LIC IPO by these institutional investors which is widely heard of in the media.








235. Hostpacker |   Link |  Bookmark | March 5, 2022 2:59:14 PM
I have LIC policy with 10% money back every 4 years .
Policy for 1 lac then at time of maturity I will get full amount of 1 lac or less something ?


234. Eagleye |   Link |  Bookmark | March 5, 2022 9:52:10 AM
IPO Guru IPO Guru (6600+ Posts, 21900+ Likes)
*LIC IPO*

*Comparison with Peer Group* as of 04/March

HDFC Life | CMP = 522.00 | No. of Shares = 2,11,18,13,255 | MCap = 1,10,237Crs. | Embedded Value = 29,543Crs. | MCap / EV = *3.731*

SBI Life | CMP = 1,056.50 | No. of Shares = 1,00,02,83,298 | MCap = 1,05,680Crs. | Embedded Value = 35,290Crs. | MCap / EV = *2.995*

ICICI Life | CMP = 451.00 | No. of Shares = 1,43,73,01,101 | MCap = 64,822Crs. | Embedded Value = 30,203Crs. | MCap / EV = *2.146*

And,
*LIC IPO | Issue Price = 1,700 *(TENTATIVE)* | No. of Shares = 6,32,49,97,701 | MCap = 10,75,250Crs. | Embedded Value = 5,39,686Crs. | MCap / EV = 1.992*
234.5. sdz |   Link |  Bookmark | March 5, 2022 11:46:43 AM
IPO Guru IPO Guru (1000+ Posts, 500+ Likes)
@Arun...that is what my point is too. Usually, market prefers companies with high growth potential and rising margins than huge size or even its good past
234.6. lokes |   Link |  Bookmark | March 5, 2022 2:15:16 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
1700-1800 range will be a good reasonable price range for the lic ipo to have some comfort in valuations and leave something for little listing gains or to avoid any discount listing.
And policyholders will even be more benefited due to extra 5-10% discount offered. I wish they come with 5% discount for retailers too for very good participation.
233. Sarthak Deshmukh |   Link |  Bookmark | March 3, 2022 3:33:25 PM (400+ Posts, 200+ Likes)
Hey
I was Just Calculating About OD against fd...
I found sbi take 1% Extra Intrest Rate As Compared to FD intrest Rate
Example: if Interest Rate of Fd is 5% intrest charged on OD will be 6%....
And This Money will be getting Credited in Our Bank Account where We Earn 2.5% Bank Intrest Rate so Eventually it Win o Win Situation as We Are getting Extra 2.5%-1%=1.5% Intrest Riskfree.....
Any Thoughts on This Are Welcomed 🙂
233.10. arunARUN |   Link |  Bookmark | March 5, 2022 9:36:28 AM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
I realize that most of the poster are taking wrong assumption that if you do FD of Rs 1 lakh and OD limit of Rs 1 Lakh then you are withdrawing the entire amount on day 1
It is an unrealistic assumption.
A person who has kept Rs 1 lakh in beginning of year may withdraw at best Rs 50,000 and that to not on one day
So while your money is earning 5 percent your saving account on withdrawal of money would earn zero
For most of us saving bank balances keeps on increasing over the year. It is rare time when we raid our saving balance to bottom
233.11. Dr. Jan Itor |   Link |  Bookmark | March 5, 2022 1:27:35 PM
@Hostpacker ... Finally someone gets it !!!
232. manjitsingh |   Link |  Bookmark | March 5, 2022 1:18:12 PM (900+ Posts, 900+ Likes)
100 % lic IPO will be delayed to next financial year...
231. arunARUN |   Link |  Bookmark | March 5, 2022 9:30:31 AM
IPO Guru IPO Guru (1900+ Posts, 1600+ Likes)
@poweruser
See ratio of market valuation of asset management companies managing mutual funds say for HDFC AMC, Nippon AMC or UTI AMC.
You will realise that LIC ratio on estimated market cap (being discussed) of Rs 13 to 15 lakh crore is way high compared to asset management companies
2ndly you are focused only on policy holder returns in hand. With cost of insurance it works out to payment of 4.5% if you adjust for life insurance cost. Cost of insurance can be equated to cost of term policy for same person for same sum assured and same term period
230. manjitsingh |   Link |  Bookmark | March 3, 2022 8:53:50 PM (900+ Posts, 900+ Likes)
If any one has given request for online pan link in policy on 27th or 28 th February but his her pan was linked on 2nd off or 3rd of March will he or she will qualify under policy holder quota..?
230.2. Kring |   Link |  Bookmark | March 4, 2022 1:50:00 PM
* Read Policyholder instead of shareholder in above post. Sorry for the typo. Thanks!
230.3. lokes |   Link |  Bookmark | March 4, 2022 7:46:40 PM
IPO Guru IPO Guru (4400+ Posts, 5100+ Likes)
@manjit: there is no harm in applying under policyholder in such case as you informed, if they consider then its good else anyways in retail we can apply in other accounts. I have also updated PAN in my policy on 27th feb, no idea when it was actually updated, i checked status on 2nd march and it was showing updated. So i will be applying under policyholder. They may consider some extra days as buffer for updation since ipo is anyways so big and they want more participation.

And if ipo will be postponed suppose, then this PAN updation date may also be postponed, once RHP is filled then we will come to know.