400. R R Patel| Link| Bookmark|
September 22, 2017 4:16:09 PM
IPO Mentor (800+ Posts, 3400+ Likes)
Rs.11,270 crores amount applied by FII under QIB Category out of 21, 865 crores total applied in all categories excluding anchor investors in this IPO.
399. R R Patel| Link| Bookmark|
September 22, 2017 4:07:02 PM
IPO Mentor (800+ Posts, 3400+ Likes)
SBI Life Insurance Company Ltd. IPO Subscription figures on day 3@4pm:-
QIB - 12.56X (80% from FII) (almost closed) HNI/NII - 0.7X (almost closed) RII - 0.77X (open only for offline form) Employees - 1.016X (Full subscribed) SBI Shareholders - 0.38X Total - 3.54X Not bad. I have applied 2 applications of 1lot each.
market crash was on the cards, this nonsense threat explanation is just the trigger , NIFTY PE was more than 26.34 , anything above 26 warrants a fall in index
i don''t think because of Korea..... If it''s because of Korea then why European Market in green?????????
From last 3/4 days Nifty consolidate a lot between 20/30 points...it indicate either big rise or big fall on the card....it''s good that Nifty goes below 10k, it will create opportunity for buy....
People are not waiting for pratap... RII are just getting aware about the the way big players play major role and they eat away profit by putting selling pressure.. hence they do not want take any chance..... and for long term they can buy from market as price is also huge for share....
SBI APPOINT MERCHANT BANK FOR CORE BUSINESS SELL IF THE ARE SELL SBI LIFE INSURANCE BUSINESS TO LIC THAN VALUE UNLOCK IN FUTURE BANK HAS MADE MORE NPA THAN THE SALE THIS BUSINESS LIKE CANARA BANK SALES CANFIN HOLDING, CARE ,
This is not True.. either apply at cut-off or high price....
this is independent of subscription number....The final price will be decided by the company and the BRLM most likely to be upper band only as anchor have got the same price. Also if you see all the IPO this and last year were fixed on the upper price band....
Anyways if you apply at cut-off price ... this should solve all the mystery as you will be allotted the shares based on the final price decided by the company...
If you apply at lower price 685 ... high chances you may not get the shares.... this is the concept of book building issues
@IPO KAR You are only partly correct. Higher price band in previous cases were decided because more people applied on higher price or cut off price. Suppose investors apply for 75% of shares at top price or cut-off and 10% apply for intermediate price range and balance 15% apply for lower band. Then all applied will be allotted at lower price band irrespective of price allotted to Anchor investors. The same thing will happen if issue is under subscribed. So if issue is under subscribed, you will be allotted in lower price band since some of the investors must have applied at lower price band.
@sugreev --- Yes this is what i am trying to say it is not dependent on over or under subscription -- it is dependent on the bid and the values..... that is what book building is....
But my simple point is why to take some much pain and just apply at cut off price.... this will make sure we always get the shares on the price decided by the company / BRML/ Bid values etc.
Listing can be OK OK in my view as all un subscribed quota of RII,HNI and employee and share holders will be provided to QIB. Can be a good opportunity. May be.
QIBs ( mainly mutual fund houses ) can not cash in hand beyond certain limit like 5 % , 7 % etc.now Mutual Fund fund managers put the money which receives from public''s SIPs and mutual fund policies directly forcefully put in share market even though any opportunity for buying available or not .he receiving money from public and he can not keep much cash .so this type of Useless Crap ipos fully subscribe by QIBs