In an earlier post of yours, you had indicated a GMP of Rs. 74.42 based on an interest cost of 9% for 7 days and an oversubscription in NII segment at 69.77 times. Now you have revised your GMP to Rs. 235/- in your post after assigning the following revised values: interest cost revised upwards to 10%, oversubscription revised upwards to 196.22 times.
Which of the two estimates should be considered as the accurate one?
Is it realistic to expect such a heavy oversubscription in the HNI segment considering that the issue size is very large and these kind of subscription levels were not achieved even in the ICICI group and HDFC group IPOs nor in the case of SBI LIfe itself.
Also is it realistic to expect a 40% ++ listing gain in such a large offering where almost each application would be getting allotment (retail quota 1.66 times as per your estimate). While Coal India is an exception, there are umpteen number of large issues wherein the gains have not been so handsome. Such a stark variation in allotment ratio (1.66 times in Retail and 196.22 times in HNI) is unheard of.
Would love to understand from you the justification for the current premium.
Madam what is the last date sbi shareholders category eligibility...if I buy today am I eligible??or equitas abhi lene se eligible ho sakte hai kaya?? waiting for your response ..it may be help in this group members
220.1. sonal patel| Link| Bookmark|
December 16, 2019 2:15:37 PM
IPO Guru (1600+ Posts, 5800+ Likes)
Nahi... Abi Sab ke liye band ho gaya .. So you are not eligible for this... Ek hi quatation kitni bar puchoge yaar sab log.. 1 share lake rakho. Hoga to mileage. Nahi hoga to nai mileage.. 330 rs me kya Jane wala he yaar...
but see in india equity participation is mere 2% population as opposed to US/UK 60% population.
just Imagine if atleast 20 crore population participating in the share market in next 5 years where will our nifty / sensex will be , atleast 10 times.
so let the info pass to as many people , remember SBI ipo is huge and we are just a drop in the ocean ,also more the participation higher returns.
DRHP (Draft RHP ) is not an authentic document . When RHP final document is filled , then SBI SH benefit is given to DEMAT account who has share before that date mentioned in RHP
regarding Bharath bond ETF , does it work like IPO, ca we subscribe to get only listing gains ? ( I know the concept of ETF and how it works but never subscribed before listing) or it lists at the predefined price no matter how much is the subscription ?
Kindly senior members educate us..
214. KING VINOD| Link| Bookmark|
December 16, 2019 10:53:49 AM
IPO Guru (2500 Posts, 5400+ Likes)
SBI Cards IPO Grey Market Premium 260 - 265 as on 16 Dec @ 10:30 AM.
Admin please reply, Most of the people want to know that can an individual applicant apply two application in his own name in sbi cards ,1 for RII upto 2lac and 1 for share holder quota upto 2 lac (total upto 4 lag) from one dmat one pan one asha one bank???... If yes than another one is, Can an individual place 2 application 1 for rii upto 2lac and 1 for sh quota upto 2 lac from his own bank acc own asha in the name of his family member using family member's pan no, family member's demat no... ???
1. Yes, if you are SBI shareholder as on the date of filing RHP. 2. No, if you are a SBI shareholder and applying from your family member's name in SH category.
I have 3 demat account account each with different PAN and have 6 Lakh capital.
So should I buy 1 share of SBI in each account tomorrow and apply 1 lot in Retail category and rest money (2lakh-1 lot ) in share holder category to get the maximum allotment ?
Or any better strategy do let us know.
What is the last date to buy Sbi share, as to be eligible for share holder category?
I have a internet banking in union bank of india i want to apply 2 applications from one bank account with same pan and same demat i want to apply one application in shareholders category with 2 lots amount 29664 and second application in retail quata with 1 lots amount 14832 then union bank allows me to apply 2 application and my application is valid or rejected please
207.1. Paymzia| Link| Bookmark|
December 15, 2019 9:09:17 AM
IPO Guru (2700+ Posts, 4700+ Likes)
Dear Vinod i have a internet banking in union bank of india i want to apply 2 application from 1 saving bank account by using same pan and same demat i want to apply 1 application in shareholders quata with 2 lots amount is 29664 and second application in retail quata with 1 lot amout 14832 then my both application is valid or Not please give me some suggestions