For benefit of this forum....PNBh half yearly results are good.....profits more than the expctd and would range in between 230-250 cr against half yearly target of 200 cr. Not only this they have Sm insider deal with Sm bank on portfolio wch will add bottom line min 100 cr additional apart from core business. So for me its a long run game.....as per analysis of eagle eye too hold till fy 17
Because one-year lock-in period on pre-existing share capital for employees under ESOP. So that might be the reason for low subscription in employee category....!!!!! And one more question any one can answer for me I applied 247 maximum no of share under ret category how much I get ????
Dear Eagleye ma''am , Septaji & other members, I applied for PNB ipo . But I want to buy shares for 2lakh from secondany market. What price should I accumulate??? Should I place my orders during preopen itself @ highest bidding price so that I would get shares @ market opening @discovery price itself? Please reply & give suggestions....I''m a long term investor.Thanking you all in anticipation.
610. Septa| Link| Bookmark|
October 28, 2016 8:38:53 AM
(4000+ Posts, 4600+ Likes)
This year the best preforming sector is old economy clearly ruled the bourses from Diwali metal oil & gas and energy where heroes. Beaten down sectors health IT and telecom.
So would this year be year of beaten down sector.
my topdown sector for this Diwali will be Auto and finance and beaten down sector in that order with dark horse capital goods & infra
609. gamble| Link| Bookmark|
October 28, 2016 8:12:34 AM
(1600+ Posts, 3900+ Likes)
If u r not comfortable with listing gain on account of US election , MKT condition ,3000 cr size , big name can''t give return mentality ........ . ..............just sell in kostak and enjoy 7% ......and wish for ''will b open below 830''.
Who else will give u 0.5% a day....!! No one....!!
Fii & Qib have a time limit limitation of 30 days . so they can''t sell the share on date of issue . Retailers can sell ..I heard this on Cnbc by Mr. Singhvi...correct me if I am wrong
607.1. Eagleye| Link| Bookmark|
October 28, 2016 7:47:43 AM
IPO Guru (6600+ Posts, 22000+ Likes)
you are wrong
607.2. Eagleye| Link| Bookmark|
October 28, 2016 8:06:22 AM
IPO Guru (6600+ Posts, 22000+ Likes)
.... only Anchor Investors have a 30 day lock in
Anchor investors are a sub-limit of 60% within the QIB quota
so in case of most IPOs
Retail is 35% (open to sell on day 1 of listing) HNl is 15% (open to sell on day 1 of listing)
Balance, QIB is 50%
Within this 50% ... 60% (=30% of issue) is allotted to Anchor investors 1 day prior to the IPO opening (these shares are locked for 30 days from date of allotment)
whereas, balance 40% (=20% of issue) is allotted in the regular IPO (these shares are NOT locked ... and they are open to sell on day 1 of listing)
Lei capisce?
607.3. Septa| Link| Bookmark|
October 28, 2016 8:19:20 AM
(4000+ Posts, 4600+ Likes)
I was just going to say eagleye is half correct however her second comment she corrected. Anchor portion of QIB is locked in for 30 days from date of allotment
I think that is the case for all IPO''s, isn''t it Septa sir & Eagleye maam. That 30 days lock-in for Anchor investors. And there is no mention anywhere about lock-in for Retail Investors.
ONE MORE OBSERVATION....YOU ALL MAY NOTICE THAT THE EMPLOYEES HAVE BID AT THE LOWER PRICE OF THE PRICE BAND.....HÃ HÃ HÃ. ...THAT MEANS THAT THEY THEMSELVES DO NOT BELIEVE THAT THE SHARES WILL LIST AT PREMIUM.
Another point Mr. ipoexpert, since they are paying 15000+ to their employees, they may not have much profit going forward and eventually they will start making losses and stock price will fall. See, I already started learning ipo analysis from you. Jai gurudev.
DEAR MR SUNNY OR XYZ, FIRSTLY, I THINK U R THE BIGGEST FOOL HERE.... AND WAIT FOR LISTING.... YOU WILL UR SELF SEE THE EXPERTISE. FRIENDS, WHEN A PERSON KNOWS THAT THE GREY MARKET FOR SOMETHING IS TOO GUD AND HE IS GETTING IT IN DISCOUNT, HE WILL 100% INVEST IN IT. SECONDLY, IN TODAY''S SENARIO, I DON''T THINK THAT ANY OF THE EMPLOYEE OF PNBHFL WILL BE GETTING LESS THAN 15000 AS SALARY AS A GOVT EMPLOYEE AND SO I DON''T THINK ANY EMPLOYEE WILL MISS SUCH A BIG OFFER. THIRDLY BUT NOT LAST.... YOU ALL CAN WITNESS EACH AND EVERY GOVT COMPANY IPO....WHETHER IT IS OBC, SJVN, NH PC, NTPC, ICICI PRU ETC.... EVERY IPO HAS GIVEN LOSS TO ITS INVESTORS. LASTLY TELL ME ..... AT LEAST 50% OF THE INVESTORS WILL SELL SHARES ON FIRST DAY OF LISTING AND IF THE LISTING WILL BE 80+PREMIUM THEN ALMOST 70% WILL SELL THEIR ALLOTMENT, IN THAT CASE THE SELLING IN PNBHFL IPO WOLD BE AROUND 700 CRORES. WHICH FUND MANAGER CAN SUPPORT SUCH A BIG FIGURE TO SUPPORT THE PRICE OF SHARE. YOU ALL HAVE THE RECENT EXAMPLE OF ICICI PRU, L&T TECH AND L&T FINANCE. FRIENDS, YOU CANNOT EXPECT IT TO BE A BIGGER COMPANY THAN LIC FINANCE AND LIC FINANCE IS TRADING AT 650/-. WATCH THE SAME PRICE OF PNBHFL ON ITS LISTING.
Mr. Sunny, behave yourself, can''t you see ipoexpert''s hidden advice, you shouldn''t be applying for companies whose name starts with letters ''I'' to ''S'', like Icici, obc, sjvn, ntpc, l&t, reliance power, quick heal etc and now pnb. Letters should only be the criterion to apply or not apply.
Post Rocking IPO subscription... and robust GMP and Kostak...now the discussion should be listing price... Time to exit( on listing/till dec/long run)...and other strategies....
Lets Keep our finger crossed for better listing...:)