Suppose if I buy 100 shares of TCS today, how many shares will be eligible for buy back?
9.3. P Patel| Link| Bookmark|
February 14, 2022 11:54:01 AM
IPO Mentor (900+ Posts, 900+ Likes)
@Hazarika - For retail category, buy max 44 shares from one account ( unique PAN ).
To your question, it is expected ~50% to 60% AR...
9.4. Lokesh Chiru| Link| Bookmark|
February 14, 2022 4:41:20 PM
Top Contributor (400+ Posts, 200+ Likes)
@Hazarika, It all depends on price movement of share. If it moves closer to Buyback price AR will be very high in excess of 90% but if falls below CMP then AR will be 40 to 60%.
Note: This is for Retailers. For record last year AR was 100%.
Agree with Amit. This is very unfair comparison. LIC is profit making company with 66% market share..if Govt keeps some money on the table, there will be definitely listing gain. Please never compare this with Paytm.
LIC is a Mega Mega ipo. 1. The history of Mega Ipo is not good. The return in this Mega ipo is negative. 2. If all the public gets it's share, there wouldn't be no demand and supply side would be more. Everyone will tries to sell its share, hence there wouldn't be more appreciation. 3. Lic would not get the money from this ipo and the money will go to the Govt, the performance will not be improved. 4. The interest rate is going to increase, the market would be in downtrend, affect it's performance. Decide wisely as the money is yours only.
6. IPO smart| Link| Bookmark|
February 13, 2022 8:28:27 AM
Top Contributor (300+ Posts, 100+ Likes)
There is rumours regarding 5% discount to policy holder. Pl update PAN details in policy details online available in lic website else visit lic branch or contact lic agents. We will take call later whether to apply in policy holder quote or not. Regards
@Amit, Yes every broker will provide separate entry for Policy holder quota, definitely you can apply from Zerodha or Sbicap securities. I didn't understood your question application link in lic website, what is this for??
tnq @suneel for the information. regarding website for some IPOs (eg. safa) we could apply directly from the company's website. i wanted to know if government companies provide online application facility as safa did for its sme ipo thanks again with love & regards
5.4. eVA| Link| Bookmark|
February 15, 2022 8:55:46 AM
IPO Guru (1300+ Posts, 1900+ Likes)
@Amit it's not safa who provides such facility, it's edelweiss, if you want to thanks, give it to edelweiss.
edelweiss will continue to provide this facility for all mainline as well as SME IPOs, so there should not be an issue whenever you want to use the edelweiss website to apply. You can use their link.
Finally dates confirmed for tcs buyback...now eagerly waiting for lic dhrp and issue.
2. IPO smart| Link| Bookmark|
February 12, 2022 7:54:49 PM
Top Contributor (300+ Posts, 100+ Likes)
LIC may become biggest stock in equity market, says Chris Wood. Life Insurance Corporation of India has the potential to become the biggest stock in the Indian markets, said Christopher Wood, head of global equity strategy at the US-based investment bank Jefferies. Referring to the result of government stake sale in Chinese companies back in the 2000s, Wood said in his newsletter Greed & Fear that listing of prominent state-run enterprises can lift significantly the overall market capitalisation of the entire Indian stock market which is worth $3.5 trillion now. Backed by a booming economy and a rising stock market, the early 2000s saw a host of Chinese state-owned companies list in the public markets, which went on to become some of the highest-valued companies globally before the Global Financial Crisis of 2008. Back home, the initial public offering of LIC has become the most anticipated event in the history of the Indian capital market not only because of its sheer size, but also due to the profile of the company. The life insurer is expected to bring its public issue at a valuation of around Rs 12 lakh crore to Rs 15 lakh crore, which would help the government raise enough funds to meet its Rs 78,000-crore divestment target for 2021-22.