Can anyone give information on what would be the cut off date for ICICI Bank shareholders to be eligible for 10% shareholder quota in ICICI Pru? For eg. If I buy ICICI Bank shares today would I be eligible for the same? Also whether any minimum quantity would be required or would one share also suffice?
41. Septa| Link| Bookmark|
September 6, 2016 7:58:26 AM
(4000+ Posts, 4600+ Likes)
Blog Admin good job one more suggestion top 5 comment with most likes links be displayed on top the page with time lag on 24 hours for each topic and one for whole topic. tyre companies r on run i was analysis capacity for 2 wheelers is less in india IMO TVS Srichakra Limited is good buy at these price given the demad and india being the biggest two wheeler market in india
41.1. gamble| Link| Bookmark|
September 6, 2016 10:04:32 AM
(1600+ Posts, 3900+ Likes)
Yes sir,, Jk tyre 89 to 150 within 1.5 month.
41.2. Septa| Link| Bookmark|
September 6, 2016 10:33:52 AM
(4000+ Posts, 4600+ Likes)
Yap as I said just buy tyre sector it will be rewarding IMO UPSIDE it still in tack
Internationally life insurance companies are valued based on tangible networth. One time book value per share is an excellent pricing. However 2 times the book value is considered an acceptable valuation. If the issue price is up to 2 times book value per share ,then it can be taken as fair valuation. However, other factors like EPS, dividend history, EVA , specific risk factors also need to be looked in to. Once the price band is announced one can analyse better.
Good...as told u earlier if priced right then kostak can easily move up above 1500 even 1800 also....on account of full allotment...(sell in kostak will b good if move on very high rate)
Top Indian private sector lender ICICI Bank, which owns nearly 68 percent of the insurer, is selling up to 181.34 million shares in the IPO, according to the prospectus. MUMBAI: ICICI Prudential Life Insurance Co Ltd has filed for an initial public offering of shares, according to a draft prospectus released on Monday, in what will be the country''s first insurance sector IPO.
Sources told Reuters last week the IPO would be worth about 50 billion rupees ($745 million).
Top Indian private sector lender ICICI Bank, which owns nearly 68 percent of the insurer, is selling up to 181.34 million shares in the IPO, according to the prospectus.
Britain''s Prudential PLC, with nearly 26 percent of ICICI Pru Life, is not selling any of its stake, the document showed.
Pls inform how the deal goes when you sell shares in Gray. I know how it''s done with Kostak, but when you sell shares and if you do not get shares then how the payment to be done..? how it works basically. Pls advice, it will be helpful for first timers...
Size is matter only when is priced at overvalued..see equitas...high sellers will b there on listing that''s the truth..but if it priced rightly then listing and most accurately after 2-3 months gain will b there .
Company was valued Rs 32500 crore in Nov 2015 while selling around 6% stake to Azim Premji''s fund and Temasek''s. Almost 10 months have passed. If we calculate 12% annualized return then within 10 months its value may increase by 3250 crore making its value Rs 35750/ crore. Lets see what price the management fixes. If they value it much higher then may possible that it may come in discount being a big issue ( can''t forget rel power)
Icici Pru does not look like it will give any appreciable gains....profit is more or less flat for the 5 yrs ..plus they will not leave anything for us.