There have been multiple IPO from insurance sector, and there is investor fatigue.Issue is fully priced and management also does not expect any listing blip. Better for keen investors to buy from secondary market.
How many shares of HDFC life will I get or any discount if I am holding 1000 HDFC Ltd and 1000 HDFC Bank shares... Pls reply. So I will not sell it in grey.
For HDFC Shareholder Record Date is 18th Oct. For HDFC BANK SHAREHOLDER there is no preference at all. One share is enough for applying shareholder category. One share or any number of quantity is shares you have is no difference priority at all.One thing you have to remember you cant bid above two lakhs. That means For Retail and Shareholder category you cant exceed the two lakhs amount.
If a issue oversubscribes, all applicants will not get allotment. Priority will be given to give 1 lot to each applicant so those who have bid for more than 1 lot will loose interest on investment or may have to face loss if they sell in grey market assuming full allotment.
Seeing your query I feel you are a new investor to IPOs and I''d suggest you forget the above info and enjoy the new investment avenue.
107.3. Navkant| Link| Bookmark|
November 3, 2017 2:45:04 AM
(300+ Posts, 300+ Likes)
So, no need to arrange for more funds. That''s one worry less. ????