2017 - Wealth18.com

Oct292017 by wealth18.comNo Comments

Bharat 22 exchange traded fund (ETF) Review & Details – Should you invest?

Stocks

Bharat 22 exchange traded fund (ETF) is all set to open for public subscription. The NFO will start on 15th Nov and closes on 17th Nov. The ETF will mirror the S&P BSE Bharat 22 Index that comprises of selected companies from CPSE universe, stakes held under SUTTI and public sector banks. This include: For portfolio diversification, weighting of individual index constituent is capped at 15 per cent while weighting of each BSE sector is capped at 20 per cent. As part of the NFO, an upfront discount of 3 per cent would be offered to all categories of investors. The initiative is a part of the government's disinvestment program, announced earlier by the Department of Investment and Public Asset Management (DIPAM), Ministry of Finance and the government of India The government intends t...

Oct292017 by wealth18.comNo Comments

How to link mobile phone number to Aadhaar

Featured, How to Series

As per the recent government directive, all the existing customers have to link Aadhaar with their mobile numbers. Aadhaar-based e-KYC is essential for subscribers going for new SIMs. Further, the government has asked mobile operators to re-verify existing prepaid and postpaid customers, with the help of the 12-digit number. The re-verification exercise is scheduled to be completed by early 2018. In case you don’t complete the process before Feb 2018, services on your mobile will be disconnected as per the directive from Government of India. So, if you have to link your airtel mobile number to Aadhaar or your idea number to Aadhaar, you need to follow the steps mentioned in this post. Linking your mobile number to Aadhaar for the first time: To link your mobile number with Aadhaar, you ...

Oct292017 by wealth18.comNo Comments

How to buy / invest in diamonds through SIP

How to Series

Now , you can invest in Diamonds by investing small amount through SIP option. Like mutual funds and gold funds, you can now buy diamonds in SIP format through ICEX. Indian Commodity Exchange (ICEX) is the world's first diamond trading exchange. Key Features: The ICEX is starting trading in diamond contracts of three different sizes -30 cents, 50 cents and 100 cents (1 carat). The diamond is of HVS2 quality, which is one of the largest-traded quality of diamonds. HVS2 quality, which is one of the largest-traded quality of diamonds. Also, the diamond that investors will receive will be DeBeers certified. You can invest in SIP mode for certain period and take delivery of diamond at the end of term. How to Invest in diamonds at ICEX You need to open an account with broker on the ...

Oct292017 by wealth18.comNo Comments

HDFC Standard Life Insurance IPO – Analysis, Details,Opening Date, Issue Price, Allotment Status, Listing

Stocks

HDFC Life is one of the leading life insurer in India, offering a range of individual and group insurance solutions. Its portfolio comprises various insurance and investment products such as Protection, Pension, Savings, Income and Health. Issue Details of HDFC Life Insurance IPO: IPO Open: 7th Nov - 9th Nov 2017 Issue Price band: Rs 275 - Rs 290 Issue Size: Rs 8700 crore Market lot: shares Minimum Investment: (Rs per share) Max Investment for Retail Investor - xx shares Book Running Lead Managers: Edelweiss Registrar: Karvy Listing: BSE/NSE Download - HDFC Life Insurance IPO Red Herring Prospectus HDFC Life Insurance IPO Grey market Premium : 22.10.2017 GMP Rs per equity share IPO Issue Allocation: Qualified institutional buyers (QIBs) – 50% of ...

Oct282017 by wealth18.comNo Comments

Stocks to invest for long terms

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Stocks - Oct 2017 [gdoc key="1NCnan_XlEZjOGddFaK6w1iTqUm-t8yWkZAUSVvGIeFM"]

Oct282017 by wealth18.comNo Comments

Khadim India IPO Review – Analysis, Details,Opening Date, Issue Price, Allotment Status, Listing

Stocks

Khadim is one of the leading organized footwear retailers in India and involved in whole-selling and distribution of branded basic utility footwear. Khadim’s has grown to 829 Khadim’s branded exclusive retail store outlets as on March, 31,2017 in 23 states and 1 Union Territory nationally Issue Details of Khadim India IPO: IPO Open: 2nd Nov - 6th Nov 2017 Issue Price band: Rs 745 - 750 Issue Size: Rs crore Market lot: 20 shares Minimum Investment: 15000 (Rs 750 per share) Max Investment for Retail Investor - xx shares Book Running Lead Managers: Axis Capital Registrar: Link Intime Listing: BSE/NSE Download - Khadim India IPO Red Herring Prospectus Khadim India IPO Grey market Premium : 22.10.2017 GMP Rs per equity share IPO Issue Allocation...

Oct282017 by wealth18.comNo Comments

New India Assurance IPO Review – Analysis, Details,Opening Date, Issue Price, Allotment Status, Listing

Stocks

New India Assurance Company is a 100 % Govt owned multinational general insurance company. Issue Details of New India Assurance IPO: IPO Open: 1st Nov - 2nd Nov 2017 Issue Price band: Rs 770 - 800 Issue Size: Rs 9600 crore Market lot: 18 shares Minimum Investment: 14400 (Rs 800 per share) Max Investment for Retail Investor - 234 shares Book Running Lead Managers: Axis Capital Registrar: Link Intime Listing: BSE/NSE Download - New India Assurance IPO Red Herring Prospectus New India Assurance IPO Grey market Premium : 22.10.2017 GMP Rs per equity share IPO Issue Allocation: Qualified institutional buyers (QIBs) – 50% of the offer. Non-institutional bidders – 15% of the offer. Retail individual bidders – 35% of the offer. Background:...

Oct282017 by wealth18.comNo Comments

Mahindra Logistics IPO Review – Details,Opening Date, Issue Price, Allotment Status, Listing

Stocks

Mahindra Logistics is one of India largest 3PL solutions providers in the Indian logistics industry. Mahindra's logistics arm that provides warehousing, distribution and transportation solutions. Issue Details of Mahindra Logistics IPO: IPO Open: 31st Oct - 2nd Nov 2017 Issue Price band: Rs 425 - 429 Issue Size: Rs 830 crore Market lot: 34 shares Minimum Investment: 14586 (Rs 429 per share) Max Investment for Retail Investor - 442 shares Book Running Lead Managers: Axis Capital Registrar: Link Intime Listing: BSE/NSE Download - Mahindra Logistics IPO Red Herring Prospectus Mahindra Logistics IPO Grey market Premium : 22.10.2017 GMP Rs 135 – Rs 145 per equity share 26.10.2017 GMP Rs 80 – Rs 90 per equity share IPO Issue Allocation: Qualified in...

Oct262017 by wealth18.comNo Comments

Reliance Nippon Life Asset Management IPO – Mutual Fund Review, Analysis, Details,Opening Date, Issue Price, Allotment Status, Listing

Stocks

Current Status Reliance Nippon Life Asset Management IPO is over-subscribed 81.37 times - Institutional investors - 118 times, HNI -- 210 times, and Retail - 5.35 times Reliance Asset management is third largest mutual fund company in India. Issue Details of Reliance Mutual Fund IPO: IPO Open: 25th Oct - 27th Oct 2017 Issue Price band: Rs 247 - Rs 252 Issue Size: Rs 1540 crore Market lot: 59 shares Minimum Investment: 14868 (Rs 252 per share) Max Investment for Retail Investor - 767 shares Book Running Lead Managers: Axis Capital Registrar: Karvy Listing: BSE/NSE IPO Issue Allocation: Qualified institutional buyers (QIBs) – 75% of the offer. Non-institutional bidders – 15% of the offer. Retail individual bidders – 10% of the offer. Background: R...

Sep132017 by wealth18.comNo Comments

Matrimony.com Limited IPO – Review, Analysis, Details,Opening Date, Issue Price, Allotment Status, Listing

Stocks

Day 2 - subscription status - Overall subscription: 1.36 times, Retail - 4.97 times, NII - 0.02 times, QIB - 0.83 times Matrimony.com, leading portal for online matchmaking services in India is coming with its IPO. Issue Details of Matrimony.com Limited IPO: IPO Open: 11th Sep - 13th Sep 2017 Issue Price band: Rs 983 - Rs 985 Issue Size: Rs 500 crore Market lot: 15 shares Minimum Investment: 14775 (Rs 985 per share) Book Running Lead Managers: Axis, ICICI Registrar: Karvy Listing: BSE/NSE IPO Issue Allocation: Qualified institutional buyers (QIBs) – 75% of the offer. Non-institutional bidders – 15% of the offer. Retail individual bidders – 10% of the offer. Background: Matrimony.com Limited, currently comprises two segments – (i) matchmaking ser...