UTI AMC GMP is in discount now. Mazagon Dock looks stanble above 100 (Rs 100-Rs 105) with grey market premium rates. Likhitha Infra looks weak and may open in discount.
1. Does the application number of Kotak 811 ASBA begin with MB? I am not able to track status of issue application 2. Where can I buy the Nifty 50 inverse index ETF.
In Kotak bank ASBA, if you apply from mobile app the application number start with MO and if apply from net banking application number start with N. Your application number is correct
While putting the application number and PAN, BSE says no record found. I haven't received sms and mail from BSE regarding submission of my bid with BSE
Don't worry if your amount is blocked successfully.Blocked amount is deducted from balance in kotak.Many times it happened to me also.I couldn't find my application either on BSE or NSE though I know my application is submitted to NSE , nor I received any message or email from exchange but on allotment day I found on registrar's site.
Why this gentle person is not posting GMP since long in this counter...if anything is wrong in market about this IPO...... Please post latest update about GMP and other... Thanks..
Yes plz Post GMP bcz on everywhere trollers r thr just ignore them and if anyone in Stock Market Investing expected guaranteed returns then already they are on wrong path. So I request all Respected Forum members plz share valuable info as earlier.
Compare Mazagon Dock with Garden Reach Garden Reach is a very close competitor and very much similar to Mazagon Dock. Both the companies comes under Ministry of defense. Both the companies work only for the defense projects. Only Client is Indian Navy and Indian cost guards. Lets look at the valuations of both the companies Garden Reach Revenue == 1433 Cr. Profit Margin == 11% RoNW == 16% Divident Yield == 3.4% EPS == 12.1 PE == 16.2
Mazagon Dock : Revenue == 4978 Cr. Profit Margin == 10% RoNW == 16% Divident Yield == 7.4% EPS == 21.4 PE == ?? Garden Reach is trading at a PE multiple of 18.01 as of 5 Oct 2020 for its EPS 12.1 Mazagon Dock with over 3 times Garden Reach's Revenue and similar margin and return if we assume the same PE multiple of 18 is given to the Mazagon and the EPS of Magazon = 21.4
18 X 21.4 == Rs 385 Rs 385 is the Market valuations given to this company. but the IPO price at 145 (2.5 times discounted) Now every one can understand why this IPO have got so much of subscription demand.
Forget about Grey Market Premium. If any thing less then Rs 385 is a under value for this stock
The number of retail applications applied for is somewhere around 25X, so the basis of allotment will be 1 out of 25 applications will be selected on a lottery method basis.
i have applied through Upstox and given details of my PhonePe upi id. My bank account is in AU Bank. Till now i haven't received upi mandate request to block the amount, but received mail from NSE regarding bid. if i check bid status on Upstox it shows "Request accepted by Sponsor Bank" . Any views my bid successfully placed or not ? Whether it will get rejected ?
Thankyou for replying. @Cautious ipo, If AU bank is not authorised to block ipo amount, then why NSE sent me mail regarding my bid. Shouldn't it get rejected earlier before application submitted to NSE ? Thanks in Advance ????
If you are a ICICI Bank customer and applied for this IPO and given ICICI Bank UPI then you can check this as. Log in to IMOBILE.....Go to UPI section........go to UPI MANDATE SECTION.......GO TO REQUEST RECIEVED SECTION...THEN ACCEPT.....ACCEPT......DONE
I initially tried to apply through UPI from zerodha. The first time it somehow failed. The next day I again applied using the UPI but since the mandate did not came within few hours, I had already applied using ASBA. After ASBA was made, the UPI mandate came, but I did not accept the mandate (neither did I reject it.). Now my question is since the UPI payment was not paid, whether my application would be treated as only one (the ASBA) or it would be cancelled?
I ve two a/c one of mine and other one is my fathers one ac is in csdl and other is in nsdl.. I got confirmation mail from cdsl of applying ipo.. But didn't get any mail from nsdl.. Means my nsdl application is submitted or not... I