The fair price works out at Rs. 665 as per the appraisal value. (as published by analyst) also see Employee got 10 % discount - reason for over subscription in employee quota - at Rs. 617.
If retail got at least 5 % discount - the issue is successful in retail also.
Guys Dont underestimate SBI ipo; Employee category if fully subscribed; Clearly shows employee confidence; very less ipo fully subscribed in employee segment; Lower subcription was due to many factors; 1) Many IPOs ongoing and upcoming; 2) Market was down on last day and that made sentiment poor; Decent listing gain is expected (Dont compare with AU bank or DIXON - as all these have smaller equity and can be manipulated by cartel) I made mistake by not applying at lower price band, actually we should wait till last date and should apply in last hour if we find that it is getting oversubscribed we can have chance to apply at lower price band; In past for 3-4 issues i was alloted shares at lower price band;
This is 84000 crores IPO but lot price is still 14000-15000 which is same price even for many other IPOs for which IPO size is max of 500 crores; If you compare the no.of lots available in SBI is already 168 times than other IPOs. You can understand : If this IPO oversubscribed 3 times mean for other IPOs it is 168*3 = 504 times; How maximum people can buy yaar; I believe SBI can rock
459.5. PSR| Link| Bookmark|
September 24, 2017 8:13:04 AM
IPO Guru (1200+ Posts, 700+ Likes)
Size of the issue is Rs. 8400 Crore but not Rs. 84000 Crore.
Employee got 10 % discount - reason for oversubscription.
If retail got atleast 5 % discount - the issue is successful in retail also.
458. Eagleye| Link| Bookmark|
September 23, 2017 11:55:42 AM
IPO Guru (6600+ Posts, 21900+ Likes)
Those who have applied in SBI Life IPO ... Do not panic ... listing maybe be whatever ... but plan to hold it upto Holi ... it will give bumper profits !!!
Repeating Again.. It will definitely give listing gain to everyone who got allotment.. So dont worry.. Trust me, atleast 60-90 will come per share.. and in future also, it will definitely grows and gives good returns.. mark my comments for future if u want
Eagleeye, where you were for such a long time. Welcome back. Without your presence I don''t find the site interesting. You are among the few who gives candid and honest opinion. Hope your returning will bring back Septa ji. Thanks.
458.13. mDelhi| Link| Bookmark|
September 23, 2017 11:11:57 PM
Top Contributor (200+ Posts, 100+ Likes)
Welcome back eagleye & thanks for your view on SBI life IPO
458.14. mDelhi| Link| Bookmark|
September 23, 2017 11:13:59 PM
Top Contributor (200+ Posts, 100+ Likes)
@ 458.5. Silapathar Humble request, please be available on this forum atleast till Holi
458.15. PavanM| Link| Bookmark|
September 24, 2017 12:14:35 AM
IPO Mentor (500+ Posts, 400+ Likes)
Yey.. welcome back Eagleye .. Good to see you again on Forum. I didnt apply in SBI due to lack of strong conviction of listing gains and fully invested in Capacite. Please share you listing expectation on Capacite.. Eager to know your listing expectations/info that you have. Once again, thanks for coming back.. our Chittorgarh darling is back :-)
458.16. Jainvipul| Link| Bookmark|
September 24, 2017 12:17:58 AM
Top Contributor (400+ Posts, 300+ Likes)
I feel issue has been under subscribed. QIB can not be allotted more than 21,200,000 shares. Balance categories is much less subscribed. Thus total subscription is also less than 90%, so the issue should be extended with revised price bids. comments from other experts are welcome.
!! Godrej Agrovet Ltd IPO to hit markets on Oct 4, 2017 !!
The Red Herring Prospectus (RHP) for the proposed initial public offering of the equity shares of Godrej Agrovet Ltd has been registered with the Registrar of Companies, Maharashtra on September 22, 2017.
The bid/issue will open on October 4, 2017 and close on October 6, 2017. The price band will be decided by the company in consultation with the Book Running Lead Managers by seeking alignment with the selling shareholders and will be advertised five working days before the bid / issue opening date.
| More Godrej Agrovet Ltd IPO to hit markets on Oct 4, 2017
Posted On: 2017-09-23 00:52:18
The Red Herring Prospectus (RHP) for the proposed initial public offering of the equity shares of Godrej Agrovet Ltd has been registered with the Registrar of Companies, Maharashtra on September 22, 2017.
The bid/issue will open on October 4, 2017 and close on October 6, 2017. The price band will be decided by the company in consultation with the Book Running Lead Managers by seeking alignment with the selling shareholders and will be advertised five working days before the bid / issue opening date.
447.1. Eagleye| Link| Bookmark|
September 23, 2017 12:42:57 PM
IPO Guru (6600+ Posts, 21900+ Likes)
that''s true ... but it failed ...
447.2. Eagleye| Link| Bookmark|
September 23, 2017 12:45:33 PM
IPO Guru (6600+ Posts, 21900+ Likes)
But since you have been taking the pains of tracking me ... please give the full picture .. and kindly list ALL the stocks which I have commented upon ... or did you ONLY listen to my comment for SChand and none other ?
First of all welcome back - EE Lagta hai apko naye dost mil gaye hai. " Jab Chalti Hai Thandi Hawa Tou Pattey Toot Jatey Hai ! Jab Mil Jaatey Hai Naye Dost Tou Puraaney Chuut Jatey Hai"
Bro, this is stock market, it may go wrong sometimes. That''s why it is risky. So you should not blame other for it. Use your own brain and your risk appetite also while applying.
447.5. RajBreaks| Link| Bookmark|
September 23, 2017 3:10:40 PM
Top Contributor (300+ Posts, 200+ Likes)
@ Mr. HEMIPO or SHAMPOO...
B4 Commenting To Anyone Like EE First Chk Ur Own Status To Do So. & B4 Doing That, 1st Learn About Share Market..If You Want 100% Profit Better Go For Bank FD By 6% A Year. In Share Market Not Even R. Jhunjhunwala Or Not Even Warren Buffet Had or Has Profit Strike Ratio More Than 70% In Even Medium Term, Where Short Term Strike Ratio Is Below 50%.
So Mr. Alana - Falana - Dimkhana Or Mr. Tom-Dick-Harry..... B4 Saying To EE ...Apne SChand Me Bhi Bola....Better Watch First EE Ne Aur Kiss Kiss Me Keya Kaha Aur Keya Hua.
Dear Administrator.....Abh To Jago...Wake Up Buddy.... Look At The Standard Of This Forum Now....
* 0 / 25, 1/ 50, 10 / 10 etc etc... * Mil Gaya To Karvy Aur Linkden Bhagwan, Nehi Mila To Chor, Fraud.. * Sapne Me Dekha Itne Me Open Hoga, * Reliable Dost Ne Bola Itne Me Open Hoga... * Baba Ji Aur Astro Ne Bataya Itne Me Khulega...
Kuch Din Pehele To Haad Hi Kar Diya Tha Kuch Logo Ne....
"Yea Maachli Bechte Hai Aur Hum Nehi Khate Hai" ...So We Won''t Apply. Tum Machli Khao Yea Naa Khao, Bhindi Khao, Aloo Khao Yea Panipuri....Keya Yea Forum Is The Place To Tell That & To Discourage Others By The Name of Machli or Mirchi Business Rather Than Discussing Company''s BZ Growth - Fundamental or Technical....So Where Is This Forum Heading Exactly ?????
Already Most of The Valuable Members Hv Left.....Rest of The Others If Say Something Then This "HEMIPO or SHAMPOO" Like Ati Pandit aa Jaate Hai Comment Karke Without Any Knowledge About Share Market.
So Administrator ... Do Something So That All Those Valued Members Have An Individual Page To Share Their Views On An IPO From Technical Or Fundamental Point Of View & If Possible Disable The Reply Option ..So That All These Tom - Dick - Harry Can''t Embarrass Them With Stupid Reply. Coz Their Analysis Is Much More Important Than All The Stupid Replies. And I Blv All These "IPO Guru", "IPO Mentor", "Top Contributor" & Others Like Them Deserve Respect & Need A Way So That They Dont Get Hurt & Leave The Forum.
Yes Schand recommendation was failed but recommendation of sheela foam gave so much return that you can adjust loss of Schand with the profit of sheela foam. Please check your own contribution to this forum
I THINK HEMIPO is new in this form ...mam ignore such type of peoples ...i personally know your recomdations r rock solid ...One of the example is pnb housing finance which is now 1600 odd levels....
Prince Pipes and Fittings, India''s third-largest PVC pipes manufacturer, is planning to raise about Rs 800 crore through an initial public offer (IPO) and will be filing a draft red herring prospectus (DRHP) with the markets regulator shortly, according to bankers.
!! Lemon Tree Hotels Files IPO papers with Sebi !!
Hospitality chain Lemon Tree Hotels has filed draft papers with markets regulator Sebi to float an initial public offering.
The public offer comprises sale of up to 195,797,000 equity shares by the existing shareholders, including Maplewood, Whispering Resorts, Palms International and RJ Corp, according to the draft red herring prospetus (DRHP).
The offer will constitute up to 24.90 per cent of the post-offer paid up equity share capital of the company.
Explaining the reasons behind the IPO, Lemon Tree Hotels said it aims to achieve the benefits of listing the equity shares on the stock exchanges. "Our company expects that listing of the equity shares will enhance our visibility and brand image and provide liquidity to our shareholders. Listing will also provide a public market for the equity shares in India," it added.
Kotak Mahindra , Capital Company, CLSA India, J P Morgan India and YES Securities will mange the company''s public issue. The equity shares are proposed to be listed on the BSE and the National Stock Exchange (NSE).
The company has 40 hotels with 4,300 rooms in 24 cities across the country.
Founded in 2002 by Patu Keswani, the company has hotels under four brands -- Lemon Tree Premier, which is an upscale brand; Lemon Tree Resorts, a leisure segment brand; Lemon Tree Hotels, a midscale brand and the economy brand Red Fox Hotels.