maine lower price band 685 pe ek lot bid kiya hai kyunki retail category sirf 0.70 suscribed tha to guyss allottment milne ke chances hai kya isme ??? @egale eyes?
It wont depend upon how much subscribed in retail category. The upper circuit price band will be fixed as overall subscription is 3 times. Hence those whoever has applied with cutoff price on higher side will get allotment.
Looks like now positive listing in sbi life also , but in sbi life volume will be more heavy bcz of issue size that can put some pressure on price in opening trades.
Learn from ICICI Lombard. Listed at discount however within 20 minutes started trading at premium, even in a downward market. Agreed SBI is a bit overpriced, but look at the base of SBI. My advice, stay invested and dont sell under pressure. Expect good returns in medium to long term.
This is not there because everyone is sure of getting allotment. So no fear of not getting shares and hence no question and no eagerness to check demat account.