ICICI Bank Limited FPO Message Board (Page 26)

Here is a hedge oppurtunity in icici but is meant for those who want to make 3 to 6% in 20 -25 days and have capital of 7 to 8 lakhs and have atleast 10 dmats .One should apply for icici ipo through 7 dmats of each application of maximum 100000 depending on shares lot .I am assuming that icici will not be subscibed more than 1 times in retail .So one will get around shares of Rs 7 lakhs which is approximately full allotment .At the same time one should sell icici futures as the lot is 700 currently price being 925 in futures .As we will get a discount of Rs 50 suppose issue is fixed at 920 we will get it at 870 and now when the new shares come into dmat cash price becomes 800 so we will loose on those 700 shares(approximate allotmet) an amount of 700*70=49000 but will make a total of 700 *(925-800)125 on it which come to 89000 so net gain =40000 and now suppose on the listing day price in cash market is 1000 so we will loose in futures but will earn money in the cash market

small investor can apply with Rs.250 option, ICICI bank has paid handsomely in the previous issue.

avoid ICICI

DONT APPLY to ICICI FPO

TH MINIMUM LOT SIZE IS 6 SHARES & IN MULTIPULES OF 6

The minimum lot must be somewhere between 5 and 7 shares.

Remember last FPO of ICICI Bank. It alloted shares at 498.75 to retail investors and the date when shares arrived in demat account rate in market was around 590-600. There was a gain of 20% in mere 20 days. ICICI bank have always rewarded small investors.

i dont know much about fpo as i thought they were always generating losses.can any1 tell me that what is the time period between d listing and subscription of fpo is it similar like ipo(between 12-14 days) or different

Please avoid ICICI IPO because it is very high priced

avoid icici ipo because it has been priced very high.To be safe you can buy it at the time of listing

Hi ALL,

DONT APPLY to ICICI FPO.

Chances of loosing money then of gaining.

QIBs (FIIs/MFs) might fully subscribe and even grab the unsubscribed shares of retail portion. If this happens, then they will make for sure that the share touches Rs.1200 to Rs.1500 in one year term. In the near future, if there is any change in CRR/SLR by RBI, the share might even touch the low of Rs.800. Thats the right time to purchase.

Nowadays retail investors are smart and it is next to impossible to fool them. I am very sure that this FPO of ICICI bank will be a huge failure and hopefully forthcoming IPOs/FPOs learn some strong lesson from it. Please DO NOT TAKE RETAIL INVESTORS FOR GRANDED!

I am pasting analysis from a website.. Please do ur own research before making any decision

Icici bank fixed price band of Rs 885- 950 per share for its follow-on public offer. Retail investors, including existing shareholders, would get a discount of Rs 50 per share in the public issue, it said.

Source : Thehindubusinesslin e

Our initial view :

The pricing looks aggresive , much above expectations . Cmp is just 905 , we are amazed , how did they price at such a level , when Banking sector is suffering due to rate hikes .

They too like DLF disappointed retail investors .

Instutional interest is high , But we are skeptical about retail interest , The only solace factor is Rs 50 discount .

Most probably , Final price may be pegged at Rs 885-900 range , we think , none would bid more than current market price of 900. As its not desirable too .

Global markets are volatile , also RBI Rate hike is not totally ruled out .

Inflation will rise once again this week , as fuel prices are set to rise and some essential items price has risen already ,especially vegetables, So one has to be careful .

So , in most probabe case , retail investors may get it at Rs 835-850.

The difference between final price and cmp is too low .

This ipo is most suited for existing share holders , since they can sell now and buy at Rs 50 discunt in FPO, not suited for Fresh new entrants into FPO.

please dont confuse this with Ipo as its different , many small investors egt confused .

This is a follow on offer .

Definitely , New fresh investors can avoid this FPO , as in market corrections , you can get at much cheap price .

Banking sector shares should not be aggressively priced like this. If RBI increases 5% CRR or SLR this share will definitely touch Rs.800. Better to be avoided.

hello...icici bank seams to be taking retail investor for a ride. market price 908/- and offer price 885 to 950.Retail investors given 50 rupees discount means for them it will be 900 per share.Only people with little grey matter will fall for it.Just stay away and even if u r so fascinated about this share then better purchase from market. It wwill surely be available for 800 in about a weeks time.

Hi Shriiiiiiii! The issue size 9.8 crore shares...

can any1 tell me wht is the size of issue? 4 how much shares?

Hi @ Rahul cane you share all previous three times listing price ?

Dear All: The current price of ICICI Bank share is Rs. 908.70 (NSE) and they have come up with a price band of Rs. 885 - 950 with a retail discount of 5%. This means retail investor can expect to get this FPO share around Rs. 900. This really does not fascinate me. What do you all say? Is it worth investing at this price considering the high level of volatility in the market?

PRICE BAND ANNOUNCED 885 TO 950
RETAIL DISCOUNT RS.50