I have applied 14 lots, my colleagues 15 lots, 20 lots under employee quota and we are aware of future of sbi life. It will be multibagger share in long term. Main factor is its cost which is lowest amongst all private players because most of sales is done through sbi branches and staff
bhai valuation ka bhi kuch meaning hota he jo chees ki value 600-620 ho uska koy 700 nahi dete he and last but not list QIB and other investment firm are more Intelligence than rude employee of SBI. for example of high valuation IPO like CCD, ICICI LOM etc
Is there a way to check if your application has been received by BSE / NSE?
I''ve applied in Employees quota through friend but none of their accounts show blocking of money. Also few of them haven''t registered their mobile phones so no sms too. I have application numbers.
Really dont panic the situation for SBI life and ICICI lombard. as the current situation is down bcz of the week market sentiments...Try to hold upto end of atleast next financial year, situation will definitely be in profit.
Stock needed to be kept for one year horizon and we are looking at targets of Rs.1400-1800 range .See it''s peer ICICI Prudential listing price in sub 300 levels and 52 week high 500 but having half PE ratio as compared to SBILIFE.Hence premium valuation for this stock justified.
What is the final rate of allotment of SBI? 685 or 700 or something in between? At what rate will they allot shares to Employees?
I''ve applied under friend''s employee quota as well as in Retail too. Please don''t point out technicals between employee quota and retail, I know that and I''ve taken sufficient care.
I have a query..if the ipo is not fully subscribed in retail quota and i have applied at cut off price in retail quota..at what price i will get allotment.
Good evening sir, I am new in this field.. I want to know something.. My father-in-law working in SBI bank.. He don''t have demat account. What things need when we apply in employee category? Can I apply using his details?
The main reason for low cost of operations for sbi Iife is sale through sbi bank branches. So as compared to other life insurance companies it is better. Most of retail investors have applied with long term view so no heavy selling by retailors on listing day