Yes jaymin bro.... I found that SP tulsian gives perfect review regarding recent ipo''s faith. He asked clearly to avoid SBI ipo whereas maximum ask to subscribe it. Cudos SP tulsian.
Huge Anchor investors demand. First player from growing mutual fund industry. Third largest as per latest AUM. Even higher premium sought by promoters will see the subscription by large numbers. High listing gains and subsequently steady growth link to MF industry growth.
321. P M| Link| Bookmark|
October 24, 2017 11:59:03 PM
(1100+ Posts, 1100+ Likes)
An Institutional Investors for whom bidding opens one day before the issue opening date known to be Anchor investor.
An Anchor Investor can put an application of a value of at least Rs. 10 crore in the public issue.
Allocation to Anchor Investors completed on the day of bidding by Anchor Investors.
There will be a lock-in period of 30 days (can''t sell) on the shares allotted to the Anchor Investor from the date of allotment in the public issue.
320. G.kumar| Link| Bookmark|
October 24, 2017 11:30:28 PM
IPO Guru (1000+ Posts, 700+ Likes)
Reliance Nippon Life Asset Management IPO raises Rs 462.67 Cr from Anchor Investors (subscribed 30+ times). The issue opens for retail subscription tomorrow
On today’s package “Every penny of capital infusion in banks will empower banks to lend 11.11 ie this capitalization will enable banks to additional lending capacity of Rs. 23,44,210/-cr (subject to deposit growth) so the actual flow of money to market will be Rs.30,44,210 crores in the coming years so huge outflow and the economy will double on 5 years.”
313.1. phrao| Link| Bookmark|
October 24, 2017 8:44:48 PM
Top Contributor (400+ Posts, 500+ Likes)
economy will NOT double on 5 years.”. Bank higher OFFICIALS AND INDUSTRIALISTS PROPERTIES DOUBLE DUE TO SANCTIONS OF BAD LOANS .
it''s equity infusion, not donation. equity would be diluted in a commensurate manner. would the hands of the lending officials lend with caution? history has been known to be like us incorrigible retail investors who can''t stop repeating their misrakes till the last breath and may be even beyond. thanks though for helping people hope against all hope.
There are 23 anchor investor including Abu dhabi Investment, Kuwait Invt. Morgan Stanley, HDFC, SBI Fidility BNP Paribas, COPTHALL MAURITIUS, VALIANT MAUTITIUS, BAJAJ ALLIANZ etc.