One should buy if you can get it at a good discount in the grey market. The trades are very thin and though the prices are quoted nothing is getting transacted. Heard of a GMP of minus 7.
Totally shocked.... -19 rs GMP....shocking .... some of our experts said it is bonanza for IPO investors as it came at 554 many expects it at 750 round abouts.... GMP started at 150 without any market correction it came down to -19....SOME bear cartels r active now CAMS. came down to 1300 intra day ...chemcon lower freez...6 IPOS in 15 days time...every one is casing out.....R we in serious market correction? Time to pull out your investments i think soo...
360. Sharvam| Link| Bookmark|
October 1, 2020 11:50:03 PM
IPO Guru (1300+ Posts, 800+ Likes)
I submitted UTI application with details of mazgoan by mistake , means in UTI FORM I wrote mazgoan (103 shares) and Amount Rs 14935. Still it was accepted on BSE and just now I received bid no. from BSE msg. How can it be possible??? (I have submitted physical application).
360.2. Sharvam| Link| Bookmark|
October 2, 2020 8:29:00 AM
IPO Guru (1300+ Posts, 800+ Likes)
But it is accepted and bid no. is also given to me Received msg from BSE
360.3. Nicks Jain| Link| Bookmark|
October 2, 2020 11:58:14 AM
IPO Mentor (700+ Posts, 900+ Likes)
BId and Price should be in multiple as price is decided...i guess bank itself should not initiate the application if bid price and qty doesent match
360.4. Scrip| Link| Bookmark|
October 4, 2020 12:07:41 PM
Top Contributor (500+ Posts, 200+ Likes)
They accept every application form but before finalizing basis of allotment they reject these forms like: Forms with wrong bids. Multiple form from same PAN. Form with PAN of one person and DP id of another. 3rd party UPI I'd in the form, etc.
Sorry but ur form will be rejected.
360.5. Sharvam| Link| Bookmark|
October 4, 2020 3:04:16 PM
IPO Guru (1300+ Posts, 800+ Likes)
I am not worried about rejection, the only regret is I missed to apply mazgoan. As form were exchanged and I thought I have applied in mazgoan but my bad.....
359. Chem cho| Link| Bookmark|
October 4, 2020 12:21:51 PM
IPO Guru (2600+ Posts, 2700+ Likes)
Buy at lower levels , Below IPO price if you donot get allotment , I am still bullish about UTIAMC provided niffty index above 11400 You will have not to wait for 4 months like SBI cards to reach IPO price Bearish semtiment in stock as the IPO subscribtion was below than the expected fiqures , I had given buy for HDFC AMC @ RS 2070 on 25 sept 20 now at Rs 2280 01/10/2020 If HDFCAMC moves above RS 2350 -2400 at the time of listing of UTI AMC UTIAMC may go below the IPO price for seconds , you may not able to catch the low , (subject to NSE above 11375 -11400 ) views expressed are my own ,Hence consult your FInancial advisors
Agree roxpatel, company has good fundamentals. Now that psb holding of sbi,pnb, lic is gone, we expect better governance and operations... it's a good long term portfolio stock..
356.3. SHANI| Link| Bookmark|
October 3, 2020 11:26:18 AM
(300+ Posts, 300+ Likes)
if no listing gain , then no benefit to apply , if listing price is same as ipo price or less then ipo price , person can buy on listing day , infact it will give good chance to buy on discount IF, wait then, your choice , good luck
I have applied through ICICI Direct ....Application submitted but its still pending with BSE Site ..its accepted or Rejected ?
354. sauravk| Link| Bookmark|
October 1, 2020 4:35:28 PM
Top Contributor (200+ Posts, 400+ Likes)
Applied at last moment after 3 pm via upstox. Gave my phonepe upi handle. First time apolied through upi. When will I recieve payment mandate instruction from npci? Haven't received any sms or notification in phonepe app yet.
relax upstox will not submit your application, they are cheaters, i had submitted my applications in cams / chemcon using upstox, completed all process properly but finally my applications not submitted with nse or bse, still amount is bloked in upi
@ deep d : I think issue with banker end . In my son case ( Minor account ) Mandate we accepted and amount also blocked but they not process it . still they not released the funds ( Route mobile ) If we check the Mandate pending request , It will allow to accept again . It is with ICICI BANK . They have issue with UPI .
354.3. sauravk| Link| Bookmark|
October 1, 2020 6:50:37 PM
Top Contributor (200+ Posts, 400+ Likes)
Shall I reject the mandate then? My question is when will I get the option to accept / reject? Till now nothing.
354.4. sauravk| Link| Bookmark|
October 1, 2020 9:08:06 PM
Top Contributor (200+ Posts, 400+ Likes)
I recieved sms from nse about application. But how / when will I get UPI mandate accept option? Please suggest.
354.5. sauravk| Link| Bookmark|
October 1, 2020 9:12:07 PM
Top Contributor (200+ Posts, 400+ Likes)
Latest status on upstox application is "Request Accepted By Sponsor Bank"
How do I accept or reject the mandate? Please suggest
If you have not received mandate in your UPI app then wait for this...once mandate received you can decide to approve or decline...
Request accepted sponser bank means...bank got your request from npci...now bank will send UPI mandate request to you... meantime you can check notification section of your UPI application...
Your amount is still safe till you don't approve mandate...
You may accept the mandate at any time but before 5.30 pm on 05/10 I. e the Monday next. After this cut off time ,it will be automatically cancelled.
354.12. Nicks Jain| Link| Bookmark|
October 2, 2020 11:55:13 AM
IPO Mentor (700+ Posts, 900+ Likes)
First time I applied around 4.30 pm through UPI mode, and in 10 mins time i got sms from BSE that application has been submitted, u will receive UPI notification for blocking of funds, and after 15-20 mins checked in Google Pay for notification and funds blocked
353. krupa| Link| Bookmark|
October 2, 2020 11:33:46 AM
(800+ Posts, 500+ Likes)
How can I apply in 2 demat ac from 1 bank ac
353.1. Nicks Jain| Link| Bookmark|
October 2, 2020 11:50:25 AM
IPO Mentor (700+ Posts, 900+ Likes)
Your bank must have facility to apply multiple Applications. ( max 5) Sbi, Bob,Axis,PNB are few banks who have such facilities.
News on Bloomberg for UTI AMC ESG Fund.. With private bank JSS.. A swiss bank.. Web https://www.jsafrasarasin.com/internet/com/com_index/com_about_us.htm
347.4. lekker| Link| Bookmark|
September 28, 2020 10:25:56 AM
IPO Guru (1300+ Posts, 2000+ Likes)
Hni will not cross even 50X. Company not showing growth since last 3-4 years, in market UTI amc unable to build confidence for long term, hence GMP also decreasing day by day. For long term if anyone thinking they can buy HDFC AMC and NAM at current market price.
How does one sell/buy Kostak. Any parties available for this? Or is it exclusively between two known and trusted parties (going by the nature of the transaction)?