UTI Asset Management Company Ltd IPO Message Board (Page 17)

I have applied and expect 2/2 allotment...will hold for medium term and not sell in rush for 20/ - to 30/- rupees share gain .....in 3 years it shud give a decent return

I would compare the low subscription of UTI AMC IPO with HDFC life insurance ipo. Hdfc life insurance ipo even though excellent ipo, similar sentiments were there and it had low subscription, but had very good listing. I expect same for UTI AMC ipo also..

True, although HDFC life listed at 312 only but it zoomed up on day one itself to 360

Your mention of HDFC Life is very pertinent. UTI is the original and first mutual funds of India. Doing very well beyond 30 main cities. Should be applied in the hope of modest listing gain and long term gains. The probably of allotments is much better. A bird in hand is better than a bird in the bush.

Need guidance from ranked members whether to apply in this ipo or not

kya ipo share sell karne ke liye margin ki requirment hai kya ?

no, shares should be in you account

Yes, margin rakhna hoga

Apply Or not uti ipo

I think, not aggressive to increase AUM like HDFC or Nippon, future not bright as like HDFC AMC or Nippon...Not apply

Risk is higher in this IPO, apply as per your risk appetite.

Looking +ve

UTI AMC AUM = 1,50,000 CR. as per RHP

Usually AMCs valuation are 5% of AUM.

At 5% , M-Cap becomes 7500 cr. but @ the upper price band of Rs. 554 M-Cap is 7000 Cr. which means 7-8 % is left on the table.At 7500 Cr. M-Cap price should be 594-595/600.

Considering Covid-19 slowdown in 2020 MF industry and comparing 2019 & 2020 DRHP / RHP data , revenue & PAT down by 20% but still 554 is reasonable price.

So I am applying to the IPO keeping in view of the above target.

should we apply in UTI AMC IPO? what are the prospects or GMP?

QIB and HNI subscription started coming on 2nd day. Retail already subscribed more than one time.
Expected subscription figure for retail 4X

Tomorrow will be the last day, no further extension for this ipo.
1. 4x time not possible as GMP activity spoiled mood of retail and HNI investor who borrow funds from funding.
2. Lower level support is good sign that may it will not list atleast discount.
3. Most applications bid by bankers so kets wait how many will be on last day because many bank accepting only till 11 am or max by 12 pm for ASBA.

I am the shareholder of SBI/PNB. whether I can apply in UTI AMC IPO under share holder category(Parent Company shareholder)

No there is no SH quota reservation

Any prefarances to SBI/PNB shareholders in UTI AMC IPO

No reservation, only Employee of UTI AMC

As commented earlier, because of T ROWE Price international presence, FIIs have already participated in anchor portion, + good participation from domestic MFs.
Also few FIIs bidden already in QIB portion today, this will continue tomorrow and in future also,
I have applied 3 applications and will apply remaining 3 tomorrow.

Take your own call as per your risk factor.

AhireR, in retail allotment ratio would be 2/5, so applying 6, looking for allotment of 2, in angel did not get allotment 0/3.

@Devdeven, you can check category wise subscription on bse / nse public issue portal

Retail Applications will be around 2X

Can I apply under employee quota as I am a SBI employee and holding shares of parent company SBI and also employee quota is coming along with individual while applying ipo application. Eagleye madam and other legends please advise me and share your views.

no, you should be employee of UTI AMC.
Apply in Retail if you want to apply.

After price change, worth to buy it, I think no chance for loss, whatever gmp is but as per price and valuation, the ipo may give good return, I'm applying

Correct Krishna, QIB bids are coming on 2nd day, it's a good sign..

@Roxpatel

After price change what does it mean sir.. could you please elaborate more..

*UTI Asset Management Company Limited* Subscription
30-9-2020 @ 05:06:34 PM
QIB => *0.4792*
NII => *0.3470*
RII => *1.1547*
EMP => *0.6634*
TOTAL => *0.7877*

Widrawed all 7 appilcations and purchased 200 shares at 18 rs GMP....will divert this money to mazagon....

I am happy with the results of HDFC AMC and i am going to take part in UTI AMC too. I think most of ppl are comparing with SBI cards , but i am positive about this and going to apply.

As the HDFC AMC stock goes up
uti Amc will be buy at lower levels but above the IPO price
we had recomended HDFC AMC AT RS 2070
NOW RS 2280 -2290 AT 2.50 PM 30/09/2020

Super flop Ipo Buy Hdfc AMC for long term

Brookfield Asset Managemet has filed papers with SEBI for IPO. Issue size may be 4000-4300 cr. This will be India's 3rd REIT IPO.
Issue likely ro open at Dec end.

We shoud subscribe UTI or not?...
What is current GMP...
I m.looking only for Listing Gain...
Need pure advise....

It is strange to see that investors are not giving response to this ipo and running for Likhita Infrastructure.

Investors are spoilt by bumper returns for last few IPOs and their over subscription...

they are not looking at the size of IPO and see only the number of times its oversubscribe, if we give closure look at the figure there's total number of share issue is given in here(UTI) its far then Mazagon Dock and Likhita Infra. Of course demand supply rule apply here also.