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IPO Allotment Status:  To check IPO Allotment status, please check the link below. Select ICICI Prudential Life, Enter PAN number and you can check the allotment status : https://kosmic.karvy.com:81/ipotrack/ Many members who applied for full amount, they have received an allotment of 251 shares. Listing Date & Price  :  The listing is expected on 29th Sep 2016. Expected to list around Rs 360 [xyz-ihs snippet="ad1"]   21st Sep - ICICI Pru Life IPO Over-subscribed 10.44 times - See details ICICI Prudential Life Insurance IPO is opening on 19th Sep. This is the first Insurance company IPO and the the biggest IPO in 6 years after Coal India. Issue Details  of ICICI Prudential Life Insurance IPO:   IPO Open :   Sep 19 to Sep 21 2016 Issue Price band:  Rs 300 - 334 Issue S...

On the occasion of 70th Independence Day 15th Aug, 2016, CNBC Awaaz has suggested Top 15 Freedom Stocks of 2017. Stock market experts like Mr. Gaurang Shah (Geojit BNP Paribas), Sanjeev Bhasin (India Infoline) and Sandeep Jain (Trade Swift Broking) has given a recommendation about these stocks. These investments can give you good returns over next year.   Freedom Stocks 2017 Target CMP (Aug 2016) Potential   16-Sep-16 Potential Sintex 130 71 83%   82 59% Allahabad Bank 125 73 71%   81 54% Ashok Leyland 116 87 33%   81 43% Mercator 65 44 48%   47 38% Godrej Properties 450 359 25%   335 34% Gabriel India 150 104 44%   115 30% Rallis India 275 219 26%   214 29% Agro Tech Foods 640 487 31%   522 23% Dishman 215 164 31%   187 15% Suprajit 250 192 30%   218 15% ...

Update Day 3 -  Oversubscribed 2.48 times .  QIB 5 times , NII 1.03 times,  Retail 1.8 times Update 13-Sep-2016 (Day 2) - Subscribed only 71% on the day 2 Update 12-Sep-2016 (Day 1) - Subscribed only 18% on the day 1 -  QIB 28%, NII 2%, Retail 19% L&T Technology Services is coming with IPO issue on 12th Sep. Issue Details Issue Open: Sep 12, 2016 - Sep 15, 2016 Issue Price: Rs. 850 - Rs. 860 Per Equity Share Issue Size: Offer for Sale of 10,400,000 Equity Shares of Rs 2 aggregating up to [.] Cr Face Value: Rs 2 Per Equity Share Minimum Order Quantity / Market Lot: 16 Shares Background L&T Technology Services Ltd is third-party ER&D (Engineering, Research and Development) service provider . L&T Tech provide services to manufacturing, technology and process e...

RBL Bank (formerly called Ratnakar Bank) will open its initial public offer (IPO) on August 19, at a price band of Rs 224-225 per share. The company is planning to raise over Rs 1,200 crore.  This is the first Indian bank IPO in last 6 years. Issue Details Issue Dates :  Aug 19 to Aug 23 2016 Price Band: Rs 224 - 225 per share Bid lot: 65 equity shares or multiples thereof Overall issue size: 5.4 crore shares Face Value - Rs 10 Book Managers - Kotak Mahindra Capital, Axis Capital, CitiGroup, Morgan Stanley India, HDFC Bank, ICICI Sec, IDFC Sec, IIFL, SBI Cap Grey Market price:  In the grey market, the RBL IPO is trading at approx Rs 50 premium now (GMP) . So there is a potential listing gain for that amount.  Please note this is just an estimate price. Background RBL Bank Ltd ...

The Goods and Services Tax (GST) bill is expected to be passed in the coming session of Parliament. Sectors like FMCG, auto, cement, light electrical, multiplexes, retail and logistics could be some of the key beneficiaries of India's biggest tax reforms. Even though the implementation of GST is some time away (April 1, 2017), stocks may start discounting the impact sooner than expected. Sectors such as logistics, auto, consumer staples, hospitals, appliances and manufacturing are likely to benefit most from GST.      CMP 52  Low CMP up from Low   52 High Distance from high Logistics             Gati 181 94 93%   206 14% TCI 371 207 79%   384 4% VRL Logistics 355 253 40%   478 35% AllCargo 212 135 57%   428 102% Gateway Distriparks 266 205 30%   378 42% Concor  1508 10...

Day 1 Subscription - On the first day of the issue, it is subscribed only 7% Dilip Buildcon has announced its IPO opening on 1st Aug.   The IPO comprises fresh issue of shares aggregating up to Rs. 430 crore and offer for sale of 11.36 lakh shares held by its promoters Dilip Suryavanshi and Devendra Jain, and private equity fund BanyanTree Growth Capital.  Grey Market Premium IPO Grey Market Premium (GMP) helps in deciding the premium of the IPO Shares on listing day. It is just an estimate. With the Price Band of Rs. 214 – Rs. 219 fo r Dilip Buildcon IPO current Grey Market Premium is between Rs 30 – Rs 40 per equity share which converts to approx 18% Premium on the price of upper band. Note: This is just an estimate.   Issue Details IPO Open :  1st - 3rd Aug 2016 Issue Pric...

S P Apparels IPO is opening for subscription from Aug 2 to Aug 4 at a price band of Rs 258-268 per share. Grey Market Premium:  IPO Grey Market Premium (GMP) helps in deciding the premium of the IPO Shares on listing day. It is just an estimate. With the Price Band of Rs. 258 - 268 for S P Apparels IPO, current Grey Market Premium is between Rs 10-11 per equity share which converts to approx 4% Premium on the price of upper band. Note: This is just an estimate.   Issue Details IPO Open :  2nd Aug to 4th Aug 2016 Issue Price band:  Rs 258 - Rs 268 per share Issue Size:  Rs 215 crore Market lot : 55    Minimum Investment : Rs 14740 at upper price band Lead Managers : Motilal Oswal, Centrum Background: S P Apparels, a manufacturer and exporter of knitted garments based in Tirupur.  ...

Update :  On day 3 (last day), AETL IPO Oversubscribed 115 times.  Financial institutions - oversubsrcibe 94 times HNI - subsrcibe 393 times Retail-  oversubsrcibe 10.48 times As the retail portion is oversubscribed, the allocation will be by draw. Not every applicant will get the allotment. Update :  On day 2, AETL IPO Oversubscribed approx 5 times.  Financial institutions - oversubsrcibe 5.9 times HNI - subsrcibe 0.89 times Retail-  oversubsrcibe 4.89 times Advanced Enzyme Technologies IPO in opening from 20th - 22nd July.  The company is the largest domestic enzyme company, engaged in research, development, manufacture and marketing of over 400 proprietary products developed from 60 indigenous enzymes. It ranks among the top 15 global companies in terms of enzyme sales and...

Check Allotment Status for L&T Infotech IPO You can check the allotment status for L&T Infotech IPO at the registrar website (LinkIntime) below. As per the site, the allotment can be checked after 9 pm on 19th July .  https://www.linkintime.co.in/PublicIssues/ Update 13th July - Day 3 -  L&T IPO is oversubscribed 11.67 times on its last day. QIB - 19.90 times  oversubscribed HNI - 10.75 times oversubscribed Retail: 7.3 times oversubscribed L&T Infotech has attracted 10.58 lakh applications, the largest number of applications in IPOs since 2011. Grey Market Premium (GMP) for L&T Infotech is going @ Rs 75-77 (estimated).   Expected Listing Price is Rs 770 - 800 Update 11th July - Day 1 -  L&T IPO is oversubscribed 1.23 times on Monday. Larsen & Toubro Info...

Allotment Status & Date :  Quess Corp IPO allotment is done now today 8th July & listing is expected on 9th July 2016. Allotment for Quess Corp IPO can be checked on its Registrar's website Link InTime -  https://eipo.linkintime.co.in/PublicIssues/default.aspx https://eipo.linkintime.co.in/ipo/ As the retail portion is oversubscribed 32 times, they will get very limited shares. I have checked with two of my friends. they applied for minimum lot and have not got any allotment. So don't be very hopeful of getting allotment. Also Read:  L&T Infotech IPO opening on July 11. See Details & Review.   01-July-2016 (Day 3) - Quess Corp IPO Oversubscribed 147 times on Day 3 closing date.  Qualified institutional buyers (QIBs) is oversubscribed 2.8 times and Retail investor...