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ICICI Prudential Life Insurance Company Ltd IPO Message Board (Page 75)

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82. Carn Mohan |   Link |  Bookmark | September 8, 2016 9:33:46 AM
IPO Mentor IPO Mentor (1100+ Posts, 400+ Likes)
in stock market no surity . 10,20% + - possible .
81. gamble |   Link |  Bookmark | September 8, 2016 8:59:24 AM (1600+ Posts, 3900+ Likes)
Nearly 12,69,000 forms req. to subscribe 1x in retail...this is big..!!
If we calculate worst possibility of GMP then it should b alteast 20-22 i.e 7%-8% gain,but this is sureshot...no poasiblity below 20 .FD will give u 8% a year.only.!!

So, why miss??
10 day 8%===impressive...!!

81.1. NVB |   Link |  Bookmark | September 8, 2016 9:06:42 AM
good calculation and must understand everybody
80. Septa |   Link |  Bookmark | September 7, 2016 11:19:11 PM (4000+ Posts, 4600+ Likes)
Most insurance deals have happened in 2015 and they are between two times to three times the embedded value. ICICI Prudential Embedded value is 13939 Cr. However recent Hdfc and Max deal was on higher side HDFC Life at 4.6 times its FY16 embedded value and Max Life at 3.7 times.

Even if take 3.7 EV on Embedded value Put a MC of 51500 CR However the offer price at Rs 275 the present IPO gives it a MC of 39400 Cr.

So ICICI bank has been very generous leaving 30% on the table apply this issue will will rewarding At 4.6 times EV then 65% upside this just on 2016 earning future is bright in the sector apply

One of the Best IPO if you look at HDFC and MAX merger.

All data info from RHP

Apply and enjoy good return
80.6. Sunder |   Link |  Bookmark | September 8, 2016 11:03:19 AM
Thanks a lot Septa ji.
Kindly clarify "EMBEDDED VALUE"...??? new terminology for me. Would like to know little about it please
80.7. Himanshu Goyal |   Link |  Bookmark | September 10, 2016 3:07:32 AM
The Embedded Value (EV) of a life insurance company is the present value of future profits plus adjusted net asset value. It is a construct from the field of actuarial science which allows insurance companies to be valued.
79. Arjun Patel |   Link |  Bookmark | September 7, 2016 10:52:59 PM
ICICI PRUDENTIAL IPO 19-21 Final
Shareholder category cut off date 7-9-16

Premium 24-26.5, Kostak 900
79.1. Septa |   Link |  Bookmark | September 7, 2016 11:22:19 PM (4000+ Posts, 4600+ Likes)
arjun at those premium i will buy will find the price in chennai IMO given the hdfc and max merger Ev was done at 4.6 and 3.7 respective ICICI embedded value Ev is only 2.82 so lot of upside. IMO once the market understand this GMP will fly
79.2. Arjun Patel |   Link |  Bookmark | September 8, 2016 10:47:48 AM
Price Band will be 320-330. MC 48000 Crore. Have left nothing
78. Septa |   Link |  Bookmark | September 7, 2016 10:16:37 PM (4000+ Posts, 4600+ Likes)
IMO intelligence is like an underwear. It is important to have it, but not necessary that you show it off......member kindly stop chest beating once in awhile i can understand but always is plain vanilla show off
78.1. shivam chouksey |   Link |  Bookmark | September 7, 2016 10:52:47 PM
Septa ji if I hold only 1 icici bank share in my demat to fir bi Mai shareholders Kota se applye kar sakta Hu kya
78.2. Nirmal Shah |   Link |  Bookmark | September 8, 2016 2:20:20 PM
Super reply septaji
77. unni kutti |   Link |  Bookmark | September 7, 2016 9:43:40 PM
Hello All

can any 1 say is there is any ratio allotment(ie like 1:1 or something like) for existing share holders (retail),

if i''m applying for IPO whtr i''m eligible for company''s allotment or they cancel the allotment.?

when i got mail correspondence regard on the allotment ?

Thanks in advance
unni
76. gamble |   Link |  Bookmark | September 7, 2016 9:21:39 PM (1600+ Posts, 3900+ Likes)
Refer earlier comments::

124. gamble Sep 3, 2016 9:09:35 PM IST Reply
ICICI Prudential Life Insurance Company Ltd IPO



Initial view :

Anything below 285 will be good price for IPL .....

Issue is bigger..that''''s the main advantage .for retailer....( , kostak may bounce to near 1500)

Expected EPS of fy17 is near to 12....

....full allotment...


76.1. gamble |   Link |  Bookmark | September 7, 2016 9:36:59 PM (1600+ Posts, 3900+ Likes)
Now @275 hypothetically sell in kostak above 1500 and will buy on listing below 300 may b good idea if u don''t want to take a risk..
75. gamble |   Link |  Bookmark | September 7, 2016 8:29:04 PM (1600+ Posts, 3900+ Likes)
Just got update about PCL results..

PAT :: 18.48cr vs 17.04cr(yoy)
Eps :: 1.97 vs 2.1
Income :: 117.5cr vs 117.9cr..


Looks pretty decent to me...
Short term capital appretiation should b there...

Cncl:: suggested and bought near 135( was waiting for 120 and 105 -:) )


Eps can b near 8 for this yr...

Can give easily pe of 23(vs 25 industry pe) == 23*8==184
Even @20 pe can easily touch 160.
74. siddhant agrawal |   Link |  Bookmark | September 7, 2016 7:49:56 PM
I have 140 shares of ICICI bank from last 1 year but I don''t know anything that how will I get benefit in ICICI prudential IPO is there anything than please guide me. In any other form I can apply for IPO OF icici prudential IPO.
73. Jain nitesh |   Link |  Bookmark | September 7, 2016 7:47:46 PM
25 seller price band may be much higher
72. Madar |   Link |  Bookmark | September 7, 2016 7:30:07 PM
ICICI Prudential Limited IPO Update:
 
Opens On: 20-Sept-2016
 
Closes On: 22-Sept-2016
 
Price Band: 272-275
 
Bid Lot: 50 Equity Shares
 
Issue Size: 4998 Cr. At Upper Band
 
Allocation: QIB 50%, HNI 15% & Retail 35% (10% Reservations for ICICI shareholders)
 
Lead Banker: ICICI Securities

Application Amount 13750/-

72.3. siddhant agrawal |   Link |  Bookmark | September 7, 2016 7:55:58 PM
I have 100 shares of ICICIBANK from last 1year will I get this 10% reservation. How to apply for this reservation scheme. Is there anything different while filling form than normal form filling. Please let me guide
72.4. Arjun Patel |   Link |  Bookmark | September 7, 2016 10:53:57 PM
SPAM Wrong
71. Jain nitesh |   Link |  Bookmark | September 7, 2016 7:29:52 PM
28 SELLER -BUYER
70. Kabali ka Baap |   Link |  Bookmark | September 7, 2016 5:55:54 PM
As GMP is 36-38 , I think price band may be between 250-350.
69. Kabali ka Baap |   Link |  Bookmark | September 7, 2016 5:53:59 PM
What''s Expected price Band ?
68. Karan |   Link |  Bookmark | September 7, 2016 4:47:35 PM (200+ Posts)
ICICI Prudential Life Insurance Company has received markets regulator Sebi''s approval to raise an estimated Rs 5,000 crore through an initial public offering, the first by an insurer in India and the biggest in nearly six years.

The company, which filed the draft red herring prospectus with the Securities and Exchange Board of India (Sebi) on July 18, got the regulator approval on September 2, as per the latest update. The insurer is a venture between banking major ICICI Bank and UK''s Prudential Corporation Holdings.

Singapore''s Temasek and PremjiInvest also are shareholders. ICICI Bank has around 68 per cent stake in the insurer, while that of Prudential is 26 per cent. The public offer comprises up to 18,13,41,058 equity shares of ICICI Prudential Life Insurance Company, representing about 12.65 per cent of its equity share capital for cash, through an offer for sale by ICICI Bank, as per the draft papers.

The offer includes a proposed reservation of up to 1,81,34,105 equity shares (10 per cent of the offer) for shareholders of ICICI Bank. Prudential will not dilute its stake in the IPO of ICICI Prudential Life Insurance Company while ICICI Bank will be selling its 12.65 per cent stake in the insurer. The size of the IPO is estimated to be worth around Rs 5,000 crore, sources said.

This would be the biggest initial public offering after Coal India. The state-run firm had hit the capital markets in 2010 to raise over Rs 15,000 crore. Last November, ICICI Bank sold nearly 6 per cent stake in ICICI Prudential to Temasek and PremjiInvest.

The shares were offloaded for around Rs 1,950 crore valuing the insurer at Rs 32,500 crore. PremjiInvest holds 4 per cent in the insurance company while Temasek owns 2 per cent in the firm. At the end of March this year, the assets under management of ICICI Prudential --which started operations in fiscal year 2001 -- stood at Rs 1,039.39 billion, as per its website.

Bank of America Merrill Lynch and ICICI Securities are global book running lead merchant bankers (BRLM) to the issue. Others are CLSA, Deutsche, Edelweiss, HSBC, IIFL, JM Financial and SBI Capital Markets. A maximum 50 per cent of the issue size will be reserved for qualified institutional buyers (QIBs), out of which up to 60 per cent for anchor investors and 5 per cent for mutual fund players. Besides, 35 per cent of total offer size will be set aside for retail investors, with the remaining 15 per cent for non-institutional investors.
68.1. Priya |   Link |  Bookmark | September 7, 2016 6:43:12 PM
Thanks
67. lalit pareek JODHPUR CHB |   Link |  Bookmark | September 7, 2016 4:43:00 PM
lalit pareek chb jodhpur
listing gain order
icici prudencial>g n a alxes>l&t technology service

my views replay on comment
66. AJAY SOMATAR |   Link |  Bookmark | September 7, 2016 4:01:06 PM
icici bank share holder cut off date 2sep. intimation from lead manager
66.1. unni kutti |   Link |  Bookmark | September 7, 2016 6:21:51 PM
ajay ji thanks for your info... can u provide valid source it will very help full. thnks
65. Chem cho |   Link |  Bookmark | September 7, 2016 1:58:40 PM
IPO Guru IPO Guru (2500+ Posts, 2700+ Likes)
IPO WATCHER ;
PL COMENT
asked to sell at the time of listing day , and said price will touch rs 650
why the share price of LTI and L&T increasing ,
i had asked to buy at 638 , 640 , today it is 660 up rs 9 to 10 ,
larsen @ rs 1538 up rs 22 today


65.1. IPO Watcher |   Link |  Bookmark | September 7, 2016 4:50:28 PM
This is ICICI PRu forum, pls do not post other msgs here. You can ask the same ques in L&T Technology IPO forum.
Ti ans your ques, did you ever said to not apply for IPO & loose your money? Whats the total loss even after 3 months of listing?

Do retail investors apply in IPO for listing losses?
64. deepak SSKI |   Link |  Bookmark | September 7, 2016 1:33:05 PM
Just in:
ICICI Prudential Life gets approval from SEBI for its IPO, ICICI Bank shares gain 1.5%
64.1. GPA |   Link |  Bookmark | September 7, 2016 1:58:35 PM
Any idea what is the cut off date for ICICI Bank shareholder entitlement?
63. aggarwaldadri |   Link |  Bookmark | September 7, 2016 1:31:09 PM
icici get sebi nod