INDIAN CAN INVEST IN SAUDI ARAMCO IPO

Much awaited Saudi Aramco IPO open for subscription on 17 Nov 2019.

The state-owned oil giant Saudi Aramco announced on Nov 3 that it will be floating its IPO on the Riyadh stock market. This is more than three years after Crown Prince Mohammed bin Salman first raised the idea to offer shares in the world’s largest oil producer.

Aramco will mainly rely on local demand — one third of the offering is reserved for Saudi retail investors. They could offer 1-2% of its shares on the local bourse, raising as much as $20-40 billion.

Since 2016, the company is targeting a $2 trillion valuation — more than twice that of Apple. But on Sunday, Saudi Arabia put a valuation on Aramco of between $1.6 trillion and $1.71 trillion.

Saudi Aramco said it would sell 1.5 percent of the company in a blockbuster initial public offering worth between $24 billion and $25.6 billion. This could just beat Chinese e-commerce giant Alibaba’s record $25 billion New York stock market debut in 2014 — currently the world’s largest IPO.

The world’s biggest initial public offer opened on November 17, for institutional investors and will be open for subscription throughout the week till Dec. 4. For retail investors, the issue will open on November 28. Being an Indian citizen, you can still invest in the IPO

Indian can invest in this IPL by two way

  1. Invest in mutual fund which promising for investment in this IPO. Kotak Global Emerging Fund or Franklin Asian Emerging Fund. Buying an international mutual fund would make it possible for investing in the IPO and later on Saudi Aramco shares after the listing
  2. Open Dmat account with brocker which also have operation in Saudi Arabia

FORTHCOMING IPO 2020

CATHOLIC SYRIAN BANK

CSB Bank is one of the oldest private sector banks in India with a history of over 98 years and has a strong base in Kerala along with significant presence in Tamil Nadu, Karnataka, and Maharashtra. The bank offers a wide range of products and services to its overall customer base of 1.3 million as on 31 March 2019, with particular focus on SME, Retail, and NRI customers. CSB Bank delivers its products and services through multiple channels, including 414 branches (excluding three service branches and two asset recovery branches) and 277 ATMs spread across 16 states and four union territories as on 31 March 2019.

The bank has four principal business areas, namely, (a) SME banking, (b) retail banking, (c) wholesale banking, and (d) treasury operations.  It is in the process of rebranding itself to “CSB Bank Limited” and is re-aligning its organizational set-up for efficiently driving operations and business strategy. Under this strategy, branches will be responsible only for deposits, cross-selling and customer servicing and all loan products will be driven by dedicated teams, with each business team operating as a profit centre.

Promoters of CSB Bank – FIH Mauritius Investments Ltd

CSB Bank IPO detailsSubscription Dates22 – 26 November 2019

BURGER KING

Burger King India – one of the fastest growing QSR chains in India – has filed draft red herring prospectus (DRHP) with SEBI, seeking regulatory approvals for launching its IPO. As the national master franchisee of the Burger King brand in India, the company has exclusive rights to develop, establish, operate and franchise Burger King branded restaurants in India. Burger King India IPO will follow the well-laid path of equity offerings with share sale by promoters.

UJJIVAN SMALL FINANCE BANK

Ujjivan Financial Services Limited (UFSL) has received the approval of SEBI to float the IPO of its Small Finance Bank (SFB) subsidiary. The Bengaluru-based firm filed its Draft Red Herring Prospectus (DRHP) with the market regulator in August 2019. Ujjivan Small Finance Bank IPO aims to mobilize INR1,200 crore (INR12 billion) by issuing fresh shares.

The IPO proceeds will be used for augmenting the SFB’s capital base to meet future requirements, said its draft prospectus.

Since Ujjivan Small Finance Bank IPO will be following the massively subscribed IRCTC IPO, expectations will be running high at investors’ end. Here are five things you need to know about Ujjivan SFB:

SBI CREDIT CARD IPO

State Bank of India has initiated the process to sell 14 per cent stake in SBI Cards and is looking to raise Rs 8,000 crore through the public issue, valuing the company at Rs 57,000 crore,” said a source close to the development. “Both SBI and Carlyle will sell stakes in the IPO.

Equitas small finance Bank

Equitas Holdings plans to list its small finance bank (SFB) by March 2020 through the IPO route. The microfinance company was earlier seeking regulatory approvals to list the subsidiary without an IPO. However, the Securities and Exchange Board of India (SEBI) has turned down the request, effectively paving way for Equitas SFB IPO.
Ujjivan Small Finance Bank IPO gets SEBI nod, what you need to know

INCREASE YOUR PROBABILITY OF GETTING IPO

INCREASE YOUR PROBABILITY OF GETTING IPO

IPO (initial public offer) is the lucrative opportunity for investors as most of the IPO gave average 20-35% return in just 15 days period as per data.

Ipo


Getting IPO is also lucky chance as most of the investors missed the train for the same.
As IPO allotment is the random process everyone has equal chance for getting IPO.
But investors follow some criteria they can increase their probability for getting IPO .
Some criteria are as follows
1. The most common mistake investors used to do that they apply more than one lot.
Never do this mistake as during random selection single applicant give first chance.
So probability of getting IPO to single applicant is more than multiple applicants


2. If you want to apply for multiple lots then apply it from different account with different PAN number mean single lot per PAN.
3. As per my observation female has more chances of getting IPO than male as it is my personal experience. So, try to apply from female candidate’s account from your family.

3. Always apply on cutoff price.