SBI Life Insurance Company Ltd IPO Message Board (Page 27)

Reliance is down rs 18 to RS 822 near the ex bonus price , from today new bonus share allotted have started trading

SBI Life Insurance Company Ltd. IPO
Subscription figures on day 3@2:30pm:-

QIB - 5.47X
HNI/NII - 0.27X
RII - 0.67X
Employees - 0.49X
SBI Shareholders - 0.19X
Total - 1.68X
Not so encouraging so far.....

Best thing to do is AVOID............. Save your hard earned money............... IPO will be listed at least 100-110 rs discounted value. One thing what we should keep in mind that Premium and Discount works on the same concept. When good listing gives us lucrative price appreciation much better than what we get after calculating the cumbersome ratios, in the same way, discount drifts stock price much lower what we expect. So bhai logo.... wait and watch..............

Total 1.68X as on Day 3 @ 2:30pm

I am not applied. Because I am not interested on
KARVY ALLOTMENT SYSTEM

@Professional - Please provide me the source of this inside information about Karvy. This information is priceless.

I have withdrawn all 4 applications applied earlier.Karvy willnot do justice in allotment process.Due to heavy capital Karvy will allot the shares to the applicants if no such demand is there for shares.Link intime,Bigshares etc Registrars are providing very good services and will provide justice in allotment process.

how much is the discount for employees

applied one lot cut off in shareholders quota. anyway 75% of issue will go to QIB, employee can not sale the shares till one year, so very less flow of shares on listing day. as i keep for long term, so not any worry of listing gain/loss. last year got 113 shares in ICICI pru ipo, still holding it.

QIB 5.45 X
RII 0.7X
NII 0.3X
Employees 0.6X
Shareholder 0.2X

SBI Life Insurance Company Ltd. IPO
Latest Subscription figures on day 3 @ 02:10PM

QIB - 5.3900X
HNI - 0.2393X
RII - 0.6597X
Employees - 0.4733X
Shareholders - 0.1848X
Over all Total - 1.6511X

applied for 1 lot, expecting the issue price to be fixed at 690, in view of the response

Depend heavily on sbi branches and sbi customers for business. Its own employees do not contribute satisfactorily. SBI employees booking business in greed of commission and foreign trips in the form of incentives. The ignorance of attention towards main business by sbi employees is resulting weekness in performance of bank.
Looking to this one can presume the future prospectus of the company who is expecting high premium.
However the best thing is that its owned by SBI. It may therefore govern premium in long term.

Not so encouraging figures so far.
Last 2 hours for any action.

SBI Life Insurance Company Ltd. IPO
Subscription figures on day 3@2pm:-

QIB - 5.01X
HNI/NII - 0.23X
RII - 0.64X
Employees - 0.48X
SBI Shareholders - 0.18X
Total - 1.56X
Not good figures so far......

Icici was much better in subscription.
Very poor response from RII. I think it will be under subscribed in this portion so whosoever applies will get full allotment... & Get discount in listing.

It is also because SBI is raising a Much bigger amount than ICICI.

I have withdrawn all 11 applications.
Seems it will list at discount.
Retailers be cautious.

All QIB''s lots request we see they are only coming from SBI Mutual Funds. No one else.

Surprising but major portion of QIB subscription is from FIIs.

LONG TERM GOOD IPO
I AM not applying in this IPO
I have advised my clients not to apply in SBI LIFE INSURANCE
MARKETS are at nifty 10000 ,
wait and watch , markets

gud decision

IF we apply lower band in Retail Category and if Retail category is not fully subscribed
Then we will be alloted shares of not ?

SBI Life shall list in Discounted price lesser than lower Price Band

Yes

SBI Life Insurance Company Ltd. IPO
Subscription figures on day 3@1:30pm:-

QIB - 4.81X
HNI/NII - 0.14X
RII - 0.63X
Employees - 0.48X
SBI Shareholders - 0.18X
Total - 1.48X
Increasing mode......

Most of the reviews of this IPO recommends for subscribe, but for long term and some says it is highly overpriced. We can understand the constrains of the Top Brokerage houses to say AVOID as the issue is from stable of all powerful SBI Group. But why retailers should block their hard earned money for 6 months to 2 years at this high price when this can get at a lower price after the listing? Don''t believe the gray market which is not reliable and may disappear altogether after the issue is closed.

SBI life subscribed 1.45 times.