21 September 2016 - Wealth18.com

Following a slow start on first two days, the IPO for ICICI Pru life is over-subscribed 10.44 times on the last day of subscription (21st Sep 2016). The IPO has received bids for 138.58 crore equity shares against issue size of 13.23 crore shares (excluding anchor investors' portion). Qualified institutional buyers oversubscribed 11.83 times Non-institutional investors' category 28.55 times Retail investors oversubscribed 1.4 times and Shareholders' quota 12.2 times. I already posted the details of ICICI Pru LIFE IPO and its review in my earlier post. See this link. On Day 1 – 19th Sep – IPO subscribed 15% n Day 1 (Retail – 25%, NII – 4.48%, QIB – 6%, Shareholder quota – 20%) Grey Market Premium (GMP) – In the grey market, ICICI Prudential shares are quoting at ...

Money in your PF account should be kept for your retirement purpose. However, do you know that you can withdraw amount from your EPF account during the employment in case of certain emergencies? If you meet certain conditions, EPFO can sanction the pre-mature withdrawal. In this post, I am trying to explain the situations where you can withdraw PF amount early during the employment. Pre-mature PF withdrawal is allowed for specific purposes and if the individual furnish all relevant documents and satisfy the necessary requirements: 1) Two months without any job An employee can withdraw his/her entire EPF contributions 2 months after leaving a job. However, there is a condition that the employee shouldn't start working elsewhere in that period. If another job is taken up within two months...

Day: 21 September 2016

ICICI Prudential Life IPO Oversubscribed 10.44 times on last day

[How to ] withdraw PF early during employment (pre-mature withdrawal) ?