Dear All Sir, Please tell us that Can Minor applicant apply in Thyrocare Technologies Ltd. IPO
YES or NO
Kya Minor Applicant is IPO Thyrocare Technologies Ltd. me apply kar sakta hai kya ?????
13.1. Septa| Link| Bookmark|
April 13, 2016 9:01:10 AM
(4000+ Posts, 4600+ Likes)
Application of minor depend from issue to issue. We will only come to know abt this once Red herring is out
13.2. Septa| Link| Bookmark|
April 13, 2016 9:11:43 AM
(4000+ Posts, 4600+ Likes)
on draft red herring on 395 thyrocare will take application from minors
SECTION 3: CATEGORY OF INVESTORS ELIGIBLE TO PARTICIPATE IN AN ISSUE Each Bidder/Applicant should check whether it is eligible to apply under applicable law. Furthermore, certain categories of Bidders/Applicants, such as NRIs, FIIs, FPIs and FVCIs may not be allowed to Bid/Apply in the Offer or to hold Equity Shares, in excess of certain limits specified under applicable law. Bidders/Applicants are requested to refer to the RHP/Prospectus for more details. Subject to the above, an illustrative list of Bidders/Applicants is as follows: ï‚· Indian nationals resident in India who are competent to contract under the Indian Contract Act, 1872, in single or joint names (not more than three) ï‚· Bids/Applications belonging to an account for the benefit of a minor (under guardianship) ï‚· Hindu Undivided Families or HUFs, in the individual name of the Karta. The Bidder/Applicant should specify that the Bid is being made in the name of the HUF in the Bid cum Application Form/Application Form as follows: “Name of sole or first Bidder/Applicant: XYZ Hindu Undivided Family applying through XYZ, where XYZ is the name of the Kartaâ€. Bids/Applications by HUFs may be considered at par with Bids/Applications from individuals ï‚· Companies, corporate bodies and societies registered under applicable law in India and authorised to invest in equity shares ï‚· QIBs ï‚· NRIs on a repatriation basis or on a non-repatriation basis, subject to applicable law ï‚· Indian Financial Institutions, regional rural banks, co-operative banks (subject to RBI regulations and the SEBI ICDR Regulations, 2009 and other laws, as applicable) ï‚· FIIs and sub-accounts registered with SEBI, other than a sub-account which is a foreign corporate or foreign individual, bidding under the QIBs category ï‚· Sub-accounts of FIIs registered with SEBI, which are foreign corporates or foreign individuals Bidding only under the Non Institutional Investors (“NIIsâ€) category ï‚· FPIs other than Category III foreign portfolio investors, Bidding under the QIBs category ï‚· FPIs which are Category III foreign portfolio investors, Bidding under the NIIs category ï‚· Trusts/societies registered under the Societies Registration Act, 1860, or under any other law relating to trusts/societies and who are authorised under their respective constitutions to hold and invest in equity shares ï‚· Limited liability partnerships registered under the Limited Liability Partnership Act, 2008 and ï‚· Any other person eligible to Bid/Apply in the Offer, under the laws, rules, regulations, guidelines and policies applicable to them and under Indian laws. ï‚· As per the existing regulations, OCBs are not allowed to participate in an Offer. SECTION
Septa Sir, Wrong Information is posted here. IPO size is 480 hence price around 450. Similarly if IPO size is 650 Cr. Than Perhaps waste of time & energy. Trade in grey are talking place with anticipation of 450 Rs.
All activities will be waste if Price is above 450. Price is yet to be announced.
11.1. SONMAYA| Link| Bookmark|
April 13, 2016 7:11:40 AM
IPO Mentor (1300+ Posts, 400+ Likes)
Arjun..Patel Happy.2 c u more active than before keep it..up...Thanks.a lot
11.2. Septa| Link| Bookmark|
April 13, 2016 8:45:41 AM
(4000+ Posts, 4600+ Likes)
Arjun I am with you on this u people r at ground know what is real picture at 445 we could see big success of the IPO.
this OFS is 20% of the equity. Reuters reports the OFS is looking at 80 to 100 million issue. Also we know it is 10.8 million shares so at 80 million per share is around $7.4 and 100 million per share is around is arrow $9.35 at 65 per dollar we get two price band 445 and 595 let see which is correct
Interesting to see that TTL , while prices band rumours of 445 then gmp was 150, and when prices band is 595 still premium at 150 , think its fully valued now , fair prices was 500 rs
Dear all In primary market i,e IPO is mainly depend upon demand and supply Subscription must b high But still price bend not announced by company then how can say anyone for holding or selling or listing gain Still no body know should apply or not before price bend and subscription