Yes why not sir ji... apply using sbi bob or axis..it's valid...
221.3. G.kumar| Link| Bookmark|
September 28, 2020 3:35:25 PM
IPO Guru (1000+ Posts, 700+ Likes)
☝️☝️☝️
As in minor ac bal access can be done form net bainking parent under wch it opened... when i apply in third party asba for that minor....it asks for.hold from ac of parent or minor
Make sure third party transfer is allowed in you minor account...else use parent account for hold...
220. MAPatel| Link| Bookmark|
September 28, 2020 1:30:45 PM
Top Contributor (300+ Posts, 100+ Likes)
Earlier its price band came Rs. 925-950 & at that time GMP was Rs. 100-110 Now when its price band finally come at Rs. 552-554 then now GMP is Rs. 40-50 only Some expert says UTI AMC comes with attractive price band now but i can not understand that even if It comes with very less price band from earlier heard then why GMP is goind down and down. If we compare earlier Price band with current price band then GMP should be at least different of earlier heard price band and current price band i.e. 950-554 = 396 Rs. So GMP should be approx. 300-400 Rs. but why it is going down Request to all experts for understand it.
Many AMCs already grown in last one decade...but UTI is going at apposite direction.... Where is growth??? Now imagine today's 550 share price after 2-3 years???
Irrespective of your position and experience,,, here you are still new member of this forum... So trust level is almost nil on your comments... BTW Thank you for your view about subscription...
217. Eagleye| Link| Bookmark|
September 28, 2020 1:41:06 PM
IPO Guru (6600+ Posts, 22000+ Likes)
UTMF is should be seen from long term perspective. it is definitely portfolio stock like HDFC AMC where one can expect 10 to 15% YoY returns and Further, this will be dividend yield company where you can get handsome dividend.
According to me, listing gain be there but don't expect stealer listing like Route mobile Or Happiest mind.
213. DownriteVJ| Link| Bookmark|
September 28, 2020 11:00:48 AM
IPO Guru (1400+ Posts, 1200+ Likes)
Markets volatile.. if upward trend stays ..the GMP will again move up..
Instead of following that, this seems good overall. Should Apply.
Big game is going on. Bindass apply. Healthy listing gain will be there. Just creating panic so that enough shares can be accumulated at lower level. When ipo was expected at 900 to 950, the gmp was around 150. Now when ipo is at 554 gmp 70 is surprising. Don't panic
@himansu, let's wait for the ipo to open... Let's not get panicked.. it's a good company.. I believe once the IPO is open , everything will be clear and with a higher subscription , GMP demand will rise...
212.3. lekker| Link| Bookmark|
September 28, 2020 10:32:11 AM
IPO Guru (1300+ Posts, 2000+ Likes)
Lets wait for today’s Anchor list, i belive FII will participates in this heavily because of presence of T ROWE PRICE INTERNATIONAL.
212.5. Chem cho| Link| Bookmark|
September 28, 2020 10:57:36 AM
IPO Guru (2600+ Posts, 2700+ Likes)
YES I am positive for UTI AMC on friday i had said HDFCAMC IS a buy @ 2070 , and as the listing of UTI AMC happens it will rise hdfcamc todays high Rs 2209 now at 2175 UTI AMC may not give 75% listing gains , as done by route mobile , happyiest mind ,Rosseri , but at least 15 to 20 % gains plus chance of allotment will be more