List of Bluechip Stock every Indian Investor should hold is:
|Scrip||Closing price as on May 12, 2021|
|Adani Enterprises||Rs. 1285|
|AB Capital||Rs. 119|
|Axis Bank||Rs 691|
|Glenmark Pharma||Rs. 623|
|HDFC Bank||Rs. 1399|
|ICICI Bank||Rs. 594|
|Info Edge||Rs. 4354|
|Kotak Mahindra Bank||Rs. 1718|
|Larsen & Toubro||Rs. 1385|
|Reliance Industries||Rs. 1913|
|State Bank of India||Rs. 368|
|Tata Motors||Rs. 326|
The above stock list is suggested on the basis of the underlying value of assets being created by their subsidiaries which are likely to enter the capital market in the near future via the IPO Route.
Subsidiaries of the above listed bluechip companies that are expected to come up with the IPO are specified below:
1. Adani Wilmar
2. Aditya Birla AMC, Aditya Birla Life.
3. Axis AMC other subsis,
4. Biocon Biologics,
5. Glenmark Life Sciences
6. HDB Finance, HDFC Securities,
7. ICICI AMC
8. Policy Bazaar, Zomato
9. Kotak AMC, Kotak Securities,
10. L&T Defence Division & Other Subsis,
11. Various subsidiaries of Reliance Group including Reliance Retail
12. SBI General Insurance, SBI Capital Markets, YONO & others.
13. Tata Techno
Total investments in these 13 stocks estimates to be Rs. 15,160 based on the closing market price of May 12, 2021 (Wednesday). By investing Rs 15,160 your chances of getting allotment in the IPO's of above mentioned list increases via shareholders quota.
This is recommended so on the basis of reserved category of subscriptions available to all continuously holding investors at the time of New IPO for their subsidiary companies as per the SEBI Listing Norms and Guidelines.The parent company has sole discretionary power to announce any shareholder quota for the existing shareholders of the parent company. Earlier companies to announce reserved portion for existing shareholders were HDFC Group for HDFC AMC IPO in 2018 and SBI in case of SBI Life Insurance Company Limited in the year 2017 and for SBI Cards and Payments Services Limited in the year 2020
So do try to buy and keep holding of at least 1 share of above mentioned shares in your demat account.