As per my calculation TSL money will be not released by 10th Feb, 2016 (Quick Heal ipo last day).
PCL last day 29th Jan, 2016 Friday. Money released today morning 5th February, 2016 (Fifth Business Day) by most of the banks. Money in SBI is still not released.
TSL - Last day 4th Feb, 2016. Fifth business day is 11th February, 2016 Thursday.
Please arrange your funds accordingly.
58. Ou Ai| Link| Bookmark|
February 5, 2016 2:14:17 PM
Top Contributor (300+ Posts, 300+ Likes)
6 companies postpone IPO plans amid stock market volatility The six companies that have decided to wait for the equity markets to stabilise are L&T Infotech, Parag Milkfoods, Catholic Syrian Bank, AGS Transact, Thyrocare Technologies and Bharat Matrimony.
Half a dozen companies are learnt to have postponed their initial public offering (IPO) plans due to volatile conditions prevailing in the secondary markets. The list of companies that have decided to wait for the equity markets to stabilise before launching their IPOs are L&T Infotech, Parag Milkfoods, Catholic Syrian Bank, AGS Transact, Thyrocare Technologies and Bharat Matrimony. The total size of these six public issues is more than Rs6,000 crore, DHRP data showed. Some companies might consider resizing their issue size by either reducing the price band or by decreasing the number of shares on offer, sources told FE. Infrastructure company Dilip Buildcon has already cut its IPO size to Rs430 crore from Rs650 and refiled its draft prospectus with markets regulator Sebi. “Primary markets are complimentary to secondary markets and hence any corrections in stock markets would have impact on the IPOs. However, the impact would not be long term as fundamentals of the economy continue to remain strong. This is evident from the strong IPO pipeline we are witnessing,†said Prithvi Haldea, chairman, Prime database. Though bigger issues are shying away from hitting primary markets, smaller issues have bucked the trend by going ahead with their IPO. The public offerings of Precision Camshafts and Teamlease services have already managed to garner positive response. Both the companies will raise close to Rs400 crore each, calculations based on the upper price band of the issues showed. The Quick Heal Technologies IPO will hit the markets next week. The Pune-based anti-virus provider plans to raise a little more than Rs400 crore through the offering, DRHP data showed. In terms of pipeline, currently more than 16 companies have received Sebi’s nod for their IPOs, while five companies have their draft prospectus filed with the market regulator and awaiting approval. In the current phase of market correction, shares of majority of the companies that got listed on the bourses during the previous calendar year have fallen below their issue price. Shares of InterGlobe Aviation – the biggest IPO in nearly three years — are currently trading at Rs808 per share on BSE, nearly 8% lower than the listing price of Rs878.45, stock exchanges data showed. Shares of Narayana Hrudayalaya — which jumped nearly 35% on the day of listing — have corrected more than 10% from the peak. Alkem Laboratories, Dr Lal PathLabs and Narayana Hrudayalaya were the last three companies to get listed on the bourses. All the three initial share sales happened in last December. Calendar 2015 was a positive year for primary markets although benchmark indices lost close to 6% during the year. Twenty-one companies raised close to Rs13,600 via IPOs during CY15 — the best performance in four years.
The 2 most genuine reasons to go public are: (1) The company ''needs'' funds for growth & (2) the company (small or mid-size) looks to utilize its ''prestige'' of being a public company for bagging contracts with major suppliers. The major OEMs/ Suppliers would not award contracts to an unlisted company as such companies lack in rigour of governance/ disclosure etc.
The ''other'' reason for IPO is for providing part or full exit to Promoters/PEs/VCs. All the 6 companies who have post-poned their IPOs seem to belong to this category.
i want to apply in ipo through motilal oswal sec. online service, but each time it does not show ipo option , recently i was told that due to new rules online ipo facilty has been stop in motilal oswal sec. has anyone subsribe the last two ipo through motilal sec dmat online or face the same problem.please reply
Can the same person apply in RII as well as HNI category at the same time?
52.1. Septa| Link| Bookmark|
February 5, 2016 11:59:19 AM
(4000+ Posts, 4600+ Likes)
nope both ur application will be rejected it is not important how much u apply but how many times u apply with same PAN.... so both application will be rejected
45. Earthking| Link| Bookmark|
February 5, 2016 9:42:23 AM
IPO Guru (1300+ Posts, 500+ Likes)
For engineer sindia ofs how to see allotment ... Might sound silly ... But experienced boarders help ...
45.1. PSR| Link| Bookmark|
February 5, 2016 11:13:55 AM
IPO Guru (1300+ Posts, 700+ Likes)
Those who have applied at Rs. 197.15 and above have been allotted with shares. The shares allotted have already been credited into Demat account. Those who have been allotted have already been issued with Contract Notes by the Brokers through whom application was made. I f you have neither received Contract Note nor Shares are credited to your Demat account you can presume that NO ALLOTMENT to you.
45.2. Earthking| Link| Bookmark|
February 5, 2016 1:33:22 PM
IPO Guru (1300+ Posts, 500+ Likes)
Thanks for the info sir ...
44. Eagleye| Link| Bookmark|
February 5, 2016 9:14:48 AM
IPO Guru (6600+ Posts, 22000+ Likes)
Quick Heal Technologies Limited: (On page 361 of RHP)
Offer Opens – February 8, 2016 Offer Closes – February 10, 2016
Finalisation of Basis of Allotment – February 15, 2016 Unblocking of ASBA Accounts – February 16, 2016
Credit of Shares to D’Mat Accounts – February 17, 2016 Commencement of Trading – February 18, 2016
44.1. Earthking| Link| Bookmark|
February 5, 2016 9:36:41 AM
IPO Guru (1300+ Posts, 500+ Likes)
Dear eagleye , will we get our TSL amount unblocked before or on the last day of quick heal IPO ?
I advice investors to apply in Quickheal ipo. Its worth investing. Even Dilip sir gave thumbs up. So relax and apply Dont go on much analysis Stay invested it will reward you.
Premium at Rajkot Application 600 Gmp 58-61
Avoid listening apply on second day to avoid rush. Rest pay attention to Eagleye Septa Nasirul sir etc. Dont Panic. Investment of Rs. 14445/- is not a big amount Maximum you can loose is Rs. 1000 that too in worth case. Rs. 1000 is like outing these days on weekend with family Skip one if you not rewarded