I have read about UTI (United Thieves of India) like what they have done in the past, and i am shocked they have not changed a bit still the same UNITED THIEVES OF INDIA. Cheating the investors.
I have read the story about UTI (United thieves of India) what they have done in the past e.g. in the 90's and i am shocked to see that they are still the same "United Thieves of India" no change.
Contact customer care or bank branch directly to unblock the amount or mail the matter to the head office of the bank with the bank branch account email linked in carbon copy.
27 shares alloted in UTI AMC ,Amount debited in my PNB bank account but my account is still block. Some one can tell me how I can unblock my amount of UTI AMC
595. P Patel| Link| Bookmark|
October 16, 2020 2:47:08 PM
IPO Mentor (900+ Posts, 900+ Likes)
This may go in line with SBI Cards... in next 2-3 months it may start picking up and give 10-15% returns by early next year....
Retailers should participate more and more It was hnis who jumping heavily in recent ipo subscription and want to make quick money bcoz they have borrow funds
In uti amc Somehow nbfcs and banks haven't lended funds for this ipo so hni subscription ended very low Also Some Fund houses ,DII s were not happy with price band bellow 975 ,they wanted listing above 1000 to make healthy profit but market not ready for that So they started selling yesterday(edelwise?) It may continue in future And that was the reason falling GMP
In MDSL Bcoz of heavy subscription in HNIs( 679×) Everyone took calculator and found costing above 300Rs But other data and being PSU, It could not listed as expected (retailers anticipate above 250)
These are my observations
Uti amc -4 alloted , 2 sold @524 remaining 2 holding for 570
Harit Sir agree,.. Sometimes agressive participation of HNI spoil the listing...mazadock and cams same happened...hni costing was much higher than actualdeserve value of share...hence both these IPOs were unable to hold listing price ...
UTI AMC bounced back on second day. Nothing wrong with fundamental of the company but panic selling by weak hands including edelweiss on listing day lowered the expected listing day price range of 550-505. Hopefully it will trade in a range of 500-590 for next few days.
Some are buying at this levels..I don't know the future of the stock nor anyone does here, but I would say never try to catch a falling knife.. There's a good saying, add your winners and reduce your losers..