Aditya Birla Sun Life AMC Ltd IPO Message Board (Page 6)

SIP

I know whats going on your mind..."Sab bakre Monday bhali ko thayaar horahe" 😀

Hahahah
@sdz nice one

@sdz, i dont understand hindi, but i am sure you have a good humour sense 😂 on your reply to Noorul (as @jigi appreacited it) 😜

Thanks

Lambs innocently partying without knowing that they''re going to be taken to slaughter house on Monday 😄

@ Rabi sir
Sdz is in a very offensive language. It is not any humour. They think that others are goats. So many people have invested so much money and these people are unnecessarily humiliating them. I protest against these abuses.

@sdz.. actually what i m thinking right now that almost everyone here in this forum had applied this ipo.. and seems like something must b there in this script that i oversight or missed.. as we believe majority can''t b wrong in most of the cases..

@ Ashok sarkar.. i didn''t find anything offensive in sdz statements... It was on lighter note and a part of fun... if u thinks that his humiliating others who apply in this ipo.. let me acknowledge you he has got the shares in lakhs of ABSL.. its looks like there is misjudgement of words...

Aah thanks for that Noorul... I said that entirely on a lighter note like talking to a friend (with a bit fear of huge allotment on the back of my mind)

@Asoke... What dude...Why would i be offensive with a friend like Noorul or about other investors? 😄

@Asoak sarkar,
Thanks for your concern. however, I am sorry. there is no abuses by sdz. (after reading his translation). he himself has invested too much in this and i remember he was the first one saying that how many lots he put in & taken risk, that time NII or FII are not invested ( i remember saying, you are not alone, i am with you). by actual posting time, you may refer, sdz and myself took too much risk going that many lots (when NII & FII was so low, later FII subcriptions gone high)
Please take it in a lighter note and enjoy as there was no offence.

@sdz, I really enjoyed your quote. (please post also in english within brackets, so that all people can enjoy), thanks. I enjoyed it.
I wish, for you, this scrip shall post bumper listing (not really thinking selfish here)

thanks

@noorul,
on a lighter note, majority also can go wrong. you, me and many others witnessed recently.
car trade, krsnaa dianostics, windlas, glenmark, aptus - negative surprise
sona, vijaya, chemplast, exxaro - positive surprise

hope this time Birla AMC gives postive surprise

Thanks

@Asoke sarkar, You need to chill....lambs to the slaughter... is just an expression not to be interpreted in the literal sense

Possibly may be listed with nominal premium then negative then enter big operators take a pause then fly...yes it''s reputed group and AMC is the business

Credited IPO shares will show up on Kite only on listing day

If you can wait a year and a half, why 1000 even 1200 is a reasonable target

@ bullish
I was just thinking of you. Where had you been so long. With your coming all suspicious minds have got strength. Hopefully, you will be correct this time. If not on the listing day within some days.
Best of luck.

@ultrasnow, asoke sarkar, bullish,
long term like one and half year or so, with the present market conditions, AMC penetration to wider range in the indian investing soceity, i feel those are possible targets like this kind of brand name.

Thanks

retail category oversubscribed, so was lottery system, doesn''t matter whether you applied one or 13 lot ...., you must have to applied in NII , you would have allotted something

... apply for smaller lots ...spread over more than accounts for better chances of allotment ......!

Yes. Surprisingly, many technical/lower price bids rejections of 40% in HNI category

@SDZ, i hope mine is not that category. awaiting

Thanks

Person who have applied in HNI+Shareholder category, they have combined his application and given allotment from shareholder category.
Hence HNI quota allotment proportional is increased and SHA category decreased.

@kDKing seems valid explanation

Hni ki chandi chandi ho gae.. 😂😀

@MRavi... No way, you''ll be in different type of worry category of high Allotment and higher than expected risk exposure category 😜

You too must''ve received allotment email from BSE today early morning. I received at 2.30am. Right now no other alternative to check Allotment

Dharaomath Noorul...mujhe 1,859 shares allot hogaya hai. My highest exposure in a single stock 😱🙃

got message from bse early morning.
@sdz Congrats! Even a 5% listing gain would be worth the risk.

@SDZ, hahaha. rightly said. But I will take it with both hands.
I haven''t received any email from BSE. any way no urgency as long as application not rejected :)

Thanks

@sdz, congrats for your good allotment. good luck for all of us for good listing.

Thanks

@sdz I also got an email from BSE at 2:23 am and still there is no other way to check allotment. KFintech should atleast update allocation status on its website.

@KDKing then what is the advantage of being shareholder? :(

@SDZ, KDKing, Mogpunisher, Lokes, Noorul
Received allotment in both HNI accounts:
565 shares alloted from 1520 applied.
22302 shares alloted from 60000 applied.

Thanks

@sdz: there should be some listing gain for sure between 5 to 15 %.....but my suggestion would be to get out soon with profits ,as this one can also go down in short term like recent other average ipo''s and i know you are stuck in some....
i applied in retails applications only in aditya birla and didnt allotted....best of luck to you/MRavi and others who got allotted....

Congrats SDZ. And my request to all HNIS who have invested their own money plz don''t sell your share too early on listing day. Kuch to selling pressure kam hoga.😂😀

@lokes, noted and agree with you on recent IPO''s were bit down from listing.
@amit, as I said before, I will not sell for listing gain. no selling pressure from me :).
(p.s: I have enough funds for future IPO''s, expected during Diwali.)

thanks

Thanks MRavi, Lokes, Mog, Amit.

I Just hope it''ll list and stay above 750, anything more is like a bonus. Worrying thing is that HNIs got 63% more shares than expected and so risk has increased and it may put pressure on them to sell it doesn''t stay above 750 or atleast 700

@sdz,
as some one, in this forum posted earlier, most of the long term HNI''s are investing in this Birla AMC, they dont normally intend to sell on listing gain. Also, during this IPO running, market was down. so HNI participation was low. most of HNI applications were who had their own money participated. even though, there are more shares alloted to HNI than expected, i dont see this is going to affect in a big way. It will definetly list above 750, my personal opinion.

thanks

Got 119 against 320 applied for.

@MRavichandran Ji,

I understood, you got allocation in huge numbers, invariably high allotment brings high risk too, if I were you, I would book even as small as 3-5% profits and come out and wait for better price just to safe guard to the principle amount.

Since you mentioned that, you are going to hold these shares for long, as per me, you can definitely re-enter into this stock at better value (considering previous trends of other AMC companies, in exception of HDFC AMC)

No doubt that Mutual Fund and Insurance companies have very bright future (huge potential unlocking chances due to very low penetration in the masses at this moment, below 5%), but at the same time these AMC companies test the patience, it is like Test match.

It may have longer consolidation phase / may move around at slight lower levels for more time before it gear up.

More 20-20s are in pipe line in coming months (Technology companies like Paytm, Oyo, Ola, Policy bazaar & LIC (LIC may prove like IRCTC / Dmart if rightly priced) etc. etc., hence decision is yours;

Why you should hold to your allotment:
1.      If you are staying long tightly (minimum 3-4 years)
2.      AMC business have very less penetration now and has huge huge growth opportunity
3.      All Biggies buy these shares (Pension funds / well known investment funds etc.)


Why you can book little profit and safe guard your fund:
1.      Less interest shown by all categories now, indicating short term selling pressure (not long term effect).
2.      Many technology companies about to come.
3.      Averaging is so difficult in your case, in case price fall down, since allotment is sooooo huge (practically may not viable).
4.      Stock may take more time to get consolidated and gain momentum (considering others)
5.      Finally if Zerodha / Discount brokers like companies enter into this business, it may further put pressure on these traditional AMC companies
6.      Markets are raised more than anybody’s expectation (continuous one way journey from 2020 mid onwards), a healthy correction may seen in near time (good opportunity for fresh entries at lower levels).
7.      Too much of liquidity and newbies (retailers) are pulling forcibly the markets upward against bears, despite of FIIs selling seen many times.
8.      It will result as much concentration portfolio after your huge allotment (check this too) (I am not against this, certainly I will do the same, incase HDB financial comes (but sadly it is not coming anytime soon) / in case of LIC (if rightly priced).


These are just my opinions and I truly wish that I must be proven wrong in all the aspects.

Hence, please check your stand one more time self assessment as well as check with all other active HNIs opinions.

Sorry for long write-up

Thank you

Congratulations to all the HNI alloottees, especially to the HNI of all the HNIs, ie. Mr. MR....wishing you all a good listing. Somehow, I didn''t apply.

Retail ipo...nice informative post.

It''s allottees......

Retail ipo ji,

Please accept my wholehearted appreciation n thanks for your kind concern. Your elaborate valuable views are worth considering and of great help to the readers like me who are in the process of learning n improving the knowledge of the issue. I personally agree with you. But, it all depends on how one views and consider to act according to his choice. Your intention, as I believe, is undoubtedly a good one. God blesses you with all the best. All the best to Ravichandran ji too. Thank you.

@Eklavya, @KAMMA SIVA RAMA KRISHNA ji,
Thanks for your wishes.

@Retail ipo,
Please accept my appreciations for taking time to give your expert analysis.

Just thought of sharing my lessons learnt, though we can never predict any share movements, I had huge IPO investments in Angel broking and UTI AMC. I have sold them at par seeing long term growth may be much better in pharma, switched them from Services to Pharma. I have stillnlosses in those entries around 10-20%, even the market at the peak (angel given 3 folds, UTI 1 fold, i think). so we cant underestimate any share.

I will surely consider your recommendations which are very informative and quality points. My top 3 take aways from your reponse are ''markets are at high valuation, due for a correction'', ''better to reduce the exposure in one segment'' and ''look for future quality IPO''s''

Thanks

Thank you Ravichandran Sir. You are the Knight in shining armour ( Self funded HNI) who is here on this forum to rescue damsels ( small retailers). 😂😀🙏Vanakkam/ Namaskaram
@SDZ I hope listing will be above 750 so that selling pressure won''t come. 🙂