122. Eagleye| Link| Bookmark|
September 24, 2020 10:34:27 AM
IPO Guru (6600+ Posts, 22000+ Likes)
I will be obliged if anyone can get me the amount of:
1) Employee discount in UTI AMC
2) Employee discount in Mazagon
3) Retail discount in Mazagon
????????
121. KING VINOD| Link| Bookmark|
September 24, 2020 10:01:46 AM
IPO Guru (2500 Posts, 5400+ Likes)
UTI AMC very reasonably price Completed to HDFC AMC. HDFC AMC issue price was 1100 & Face value was 5/- per share (2018) (2800 crores) UTI AMC issue price 554 & Face value 10/- per share (2148.8 crores)
120. KING VINOD| Link| Bookmark|
September 24, 2020 10:00:17 AM
IPO Guru (2500 Posts, 5400+ Likes)
UTI AMC very reasonably price Completed to HDFC AMC. HDFC AMC issue price was 1100 & Face value was 5/- per share (2018) (2800 crores) UTI AMC issue price 554 & Face value 10/- per share (2148.8 crores)
119. hchc| Link| Bookmark|
September 24, 2020 8:35:21 AM
Top Contributor (400+ Posts, 900+ Likes)
UTI AMC Ltd IPO
Opens : 29th Sept 2020 Closes : 1st Oct 2020 Price Band : Rs 552-Rs 554 Lot : 27 shares
118. Eagleye| Link| Bookmark|
September 24, 2020 8:32:57 AM
IPO Guru (6600+ Posts, 22000+ Likes)
UTI AMC IPO – *Market’s Current Estimates of oversubscription*:
RII = 25.00L Forms = 4.97X Applic. wise (Avg allotment of ~5.43 shares per lot) NII = 50K Crs. = ~155.13X
Interest cost *@8.00%p.a.* for 7days = 85.00paise for 1X
Thus, for NII the costing = 155.13 X 85.00paise = Rs.131.85 per share (= GMP)
And, for RII the costing = 4.97 X 131.85 = Rs.716/- (= Kostak)
Current week and next week looks very similar to me...
3 IPOs in each week
UTIAMC vs CAMS ( issue size large and both are reputed ) MAZAGON vs CHEMCON (issue size is medium and comparable) LIKHITHA vs ANGEL ( investors are confused whether to apply or not )
I got 13 HDFCAMC @1100 per share through ipo allotment in Aug 2018. Because this share belongs hdfc group, I decided to keep this shares for long term.
Share price touched all time high of Rs 3844 but I stick to my decision not to sell it. Today share price is 2150.
I don't know, what should I do in this falling market. Should I continue to keep this share for long term or should I sell part of them ?
Keep mindset of Investor, not trader. Traders are happy with minimum 5 -7 % gain and investor gets happy with 5x returns. Keep accumulating in dips and hold as much as you can.
भाई जी,शेयर से शादी करोगें क्या? IPO मे शेयर आए बेचे,खाया ,पत्तल फाड़ी । अगले का इन्तजार। यदि सब कुछ हमें मिले तो ऐसा नही हो सकता। बाजार जब ही चलता है ,जब शेयर ओपरेटर के हाथ मे जाता है। शेयर बेचने के बाद कभी खुशी कभी गम
Thanks everyone for your suggestion. I will continue to hold hdfcamc until I need money.
@MITTAL Ji, I use to hold ipo shares for longer period if I feel the promoters are strong or I feel business is unique. In last few years, HDFCLIFE and HDFCAMC both did very well after launching their IPOs.
For example, 8 shares of Dixon were allotted to my wife in Sep 2017@1766 per share. I liked Dixon business and ask her not to sell it. But she sold 4 to recover cost and continues to hold remaining 4. Where as Ujjivan small finance bank was allotted 608 shares @35 per share to all my 6 applications in shareholder quota and take a call to go sell it. I sold most of Ujjivan SFB on listing date and today my total holding is nil in USFB. Although I have some bad experience from BSEINDIA IPO.
So, kabhi kabhi koi acha ipo aata hai to ushe rakh leta hu long term k liye. Abhi recent mein Rossari IPO ka 1 lot hold kunga long term k liye
@Nandkishor , when price reached 3300-3400 , brokers asked their clients to book profit.So if you are long term investor and want to book profit , keep this price range in mind.Dixon is in ASM list and trading @ 100 p/e.So beware if you are holding any.My advice is to sell and book profit.Lastly if you are holding BSE , exit when the IPO of NSE/NCDEX comes.IPO generally comes when peers are trading high.Equitas is waiting for ujjivan to trade higher so they can ask higher price for its IPO.
I too have considerable holding of HDFC AMC and buying with every fall. I really think 3700-3800 were inflated price created for giving exit to one of the promoters. I bought at 3200 in the OFS too. I too think the group is good and so holding. I hope it will run too, may be in some time. Although most of mid/small caps have seen a good run recently but HDFC AMC did not participate there.
There is employee quota which is going to be undersubscribed as in CAMS today ????.The unsubscribed quota shall be distributed equally among rii nii and qib on pro rata basis.Allotment chances are very high in this IPO because of bigger size and 3 IPOs are hitting at the same time.
115.3. Aniketiaf| Link| Bookmark|
September 23, 2020 11:28:20 PM
IPO Guru (1800+ Posts, 10200+ Likes)
jstm, Cams employee quota is over subscribed by 1.16 times. Good night.
Gmp vanishing..I don't see big gains in this ipo since issue is big and strong peers HDFC AMC and NAM India are struggling to recover from March lows..
111. Eagleye| Link| Bookmark|
September 23, 2020 8:19:26 PM
IPO Guru (6600+ Posts, 22000+ Likes)
UTI AMC IPO – Schedule *(Page 387 of the RHP)*
24th Sept – Announcement of Price Band 28th Sept – Anchor Investors Allotment 29th Sept – Offer Opens 01st Oct – Offer Closes 07th Oct – Finalisation of Basis of Allotment 08th Oct – Unblocking of ASBA Accounts 09th Oct – Credit of Equity Shares to Depository Accounts 12th Oct – Commencement of Trading
110. Eagleye| Link| Bookmark|
September 23, 2020 8:19:10 PM
IPO Guru (6600+ Posts, 22000+ Likes)
UTI AMC IPO – Financial Information (Basis of Valuation) The information is collated from the following documents: 1) DRHP = Draft Red Herring Prospectus dated December 18, 2019 (393 pages) 2) RHP = Red Herring Prospectus Dated September 19, 2020 (392 pages)
EPS for FY16-17 >>> Rs.31.57 (Page #74 of DRHP) EPS for FY17-18 >>> Rs.28.73 (Page #87 of RHP) EPS for FY18-19 >>> Rs.27.83 (Page #87 of RHP) EPS for FY19-20 >>> Rs.21.53 (Page #87 of RHP) EPS for Q120-21 >>> Rs.07.93 (Page #87 of RHP)
RoNW for FY16-17 >>> 19.76% (Page #75 of DRHP) RoNW for FY17-18 >>> 15.38% (Page #88 of RHP) RoNW for FY18-19 >>> 13.55% (Page #88 of RHP) RoNW for FY19-20 >>> 09.88% (Page #88 of RHP) RoNW for Q119-20 >>> 03.55% (Page #88 of RHP)
NAV as on June 30, 2020 was Rs.223.60 (Page #88 of RHP)
Listed Industry Peer Group (Page #88 of RHP): HDFC Asset Management Company Reliance Nippon Life Asset Management
109. Aniketiaf| Link| Bookmark|
September 23, 2020 7:04:46 PM
IPO Guru (1800+ Posts, 10200+ Likes)
Of course employee quota will remain undersubscribed & we shall be benefited in allotment regardless karvy/KFin factor .Employees will again sacrifice their 60 Rs. discount for us.May God bless them.