@ 7% interest and 209 times subscription, finance cost for one share for HNI/NII comes to INR 71.
Unless it list at 252+71= 323, HNI/NII will make losses which should not be the case after good response in all categories. So it should give at least 25-28 % return to all lucky investors.
@abdixit, hdfc allows only account holder application same as of ICICI.
685.8. lokes| Link| Bookmark|
October 27, 2017 6:16:58 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@ankur: in hdfc bank, it shows as three applicants on ipo page....what does that mean ? but first applicant comes as auto filled with account holder values for pan and name which we can''t edit.
One acct 5 applications means 5 with diff PAN cards, can we apply without having demat in their name??, if allotted how to sell them ?? In offline ??? How??
685.10. lokes| Link| Bookmark|
October 27, 2017 9:25:57 PM
IPO Guru (4400+ Posts, 5100+ Likes)
@CVPRACASH :
yes 5 different applications means 5 different pan card of 5 different person. And also their demat account is must, shares if allotted will be credited in their demat account only. One application is combination of one pan card and one demat account.
IPO INFORMAR , PLEASE POST ACTUAL N CORRECT INFORMATION. RII SUBSCRIPTION IN BSE @7.20 pm is 3.9744× NSE SUBSCRIPTION @7.20PM IS 1.56 Overall 3.9744 +1.56=5.30 not 5.38
Reliance Nippon Life Asset Management’s Rs 1,542-crore initial public offering (IPO) has been oversubscribed 81.37 times, as of 6:00 pm on last day of the issue.The offer has received bids for 348.56 crore equity shares against the total issue size of 4.2 crore shares (excluding anchor portion), according to NSE data.The reserved category of qualified institutional bidders has oversubscribed 118.4 times while the reserved portion of non-institutional investors has seen oversubscription of 209.44 times and retail 5.35 times.
Retailers r still in fear of Rpower ipo..hence there was low subscription. Just a reminder every day is not a sunday. History wont repeat itself as there is no global crises Even though the promoter is chor etc..it was u who decided to put in Rpower Finally the retailers who have dare to put monry in this ipo will be awarded wit 3000rs gain Happy allotment to all :)
Yes As mentioned earlier, why people comparing with Ropower / Rcom . Anchor Investors has shown super Interest So listing gain is there ..... Hope for Even Best
The reason for low subscription isn''t fear/Rpower. Reason is IEX and GIC. People had good hope on both of these IPOs but both disappointed so money got blocked in both the IPOs. This is the reason many cannot apply in this IPO I think.
@IPO super analyst Yes because people will get GIC money back in their account as it''ll be credited in account by tomorrow or maximum by Monday. On the other side, some people will forget IEX loss and try to invest in upcoming IPOs to overcome the loss so they will sell IEX and utilize their money in coming IPOs.
So yes I agree that better subscription figure may come in coming IPOs.
Reliance ADAG group has to regain its lost shine from this IPO. There are 2 more lined IPO of ADAG, Reliance General Insurance and Reliance Infra Inv Trust. AMC IPO will rock and then the next IPOs will get better valuations. Good Luck to those who applied for this IPO.
I hv incurred huge loss in RPL, RNRL, etc. Fear is there. But I hv received good return in my Reliance Small Cap M.F. Which is almost 5 times in 7 years. To some extent I hv been compensated by Anil Bhai. Believing this I hv submitted two applications at the last moment.