UTI Asset Management Company Ltd IPO Message Board (Page 29)

If ipo delay then clearly seems that its greedy promoters market is going higher so that they want to more price their ipo this is India big fish do not want to earn retail investors thanks

Sir,
We should not expect that every entrepreneur should come up with like RKD’s Avenuesupermart.
It is a choice of investor whether to invest or not at offered price.
Further, TV & Paper News, Reviews, Forum discussions etc. are also helpful in deciding apart from what we feel as per current market situation and past IPO performances.
Wese bhi, konsa vyapari nahi chahta k use atcha profit na ho? Business ki neev hi to Profit he 

CAN ANYONE TELL ME THE EXPECTED LAUNCHING DATE OF UTI AMC IPO?

THANKS IN ADVANCE

Issue is delayed. It may come in September as per latest news.

Oh no.
Any other Ipo coming this month ?
Heard barbeque nation and burger king got sebi nod.or it's just a rumour ?

Both are approved by sebi. Now it is company and book running lead manager turn when they think to open it for subscription.

...

UTI AMC IPO – Issue Information *(Tentative)*

Issue Opens on: ?? August 2020
Issue Closes on: ?? August 2020
Issue Type: Book Built Issue IPO
Issue Size: 3,89,87,081 Shares
Face Value: Rs.10/- per Share
Issue Price: Rs.925 – Rs.950 per Share *(Tentative)*
Discount: Rs.25/- (for Employees)
Market Lot: 15 Shares
Listing At: NSE, BSE

Equity Shares outstanding prior to the Issue = 12,67,87,254 Shares
Employee Reservation of 2,00,000 Shares @925/- = Rs.18.50Crs (after discount of ~25/-)
Offer for Sale of 3,87,87,081 Shares @950/- = Rs.3,684.77Crs
Equity Shares outstanding after the Issue = 12,67,87,254 Shares

Category-wise Break up:
Anchor – 1,16,36,124 Shares = 1,105.43Crs
QIB – 77,57,416 Shares = 736.95Crs
NII – 58,18,062 Shares = 552.72Crs
RII – 1,35,75,479 Shares = 1289.67Crs (Lot size: 15 = 9,05,032 Forms)
Empl. Quota – 2,00,000 Shares = 18.50Crs (@925 per Share)
Total Issue – 3,89,87,081 Shares = 3,703.27Crs.

Subscription required for 1X
RII = 9,05,032 Forms
NII = 552.72Crs

Is UTI AMC really coming in this month only?

...


UTI AMC IPO – Financial Information (Basis of Valuation)

EPS for FY16-17 >>> Rs.31.57 (Page #74 of DRHP)
EPS for FY17-18 >>> Rs.28.73 (Page #74 of DRHP)
EPS for FY18-19 >>> Rs.27.83 (Page #74 of DRHP)
EPS for H119-20 >>> Rs.16.48 (Page #74 of DRHP)

RoNW for FY16-17 >>> 19.76% (Page #75 of DRHP)
RoNW for FY17-18 >>> 15.38% (Page #75 of DRHP)
RoNW for FY18-19 >>> 13.55% (Page #75 of DRHP)
RoNW for H119-20 >>> 07.71% (Page #75 of DRHP)

NAV as on September 30, 2019 was Rs.213.83 (Page #75 of DRHP)

Listed Industry Peer Group (Page #75 of DRHP):
HDFC Asset Management Company
Reliance Nippon Life Asset Management

...



THE MOST RELIABLE
List of Mainboard IPOs IN THE PIPELINE
(Status as on 31st July 2020)

A) DRHP Filed – SEBI Approval *Awaited*:

1) Gland Pharma >>> DRHP date 10-July-20
2) Happiest Minds Technologies >>> DRHP date 10-June-20
3) Jaikumar Constructions >>> DRHP date 02-June-20

B) SEBI Approval *Received* *(within the past 4 months)*:

1) Computer Age Management Services >>> SEBI Approval 17-July-20
2) Likhitha Infrastructure >>> SEBI Approval 17-July-20
3) Barbeque Nation Hospitality >>> SEBI Approval 07-July-20
4) UTI Asset Management Company >>> SEBI Approval 16-Jun-20
5) Stove Kraft >>> SEBI Approval 30-Apr-20

C) SEBI Approval *Received* *(>4 months ago)*:

6) National Commodity & Derivatives Exchange >>> SEBI Approval 09-Apr-20
7) Esaf Small Finance Bank >>> SEBI Approval 20-Mar-20
8) Apeejay Surrendra Park Hotels >>> SEBI Approval 09-Mar-20
9) Equitas Small Finance Bank >>> SEBI Approval 28-Feb-20
10) Indian Railway Finance Corporation >>> SEBI Approval 25-Feb-20
11) Home First Finance Company India >>> SEBI Approval 25-Feb-20
12) Mukesh Trends Lifestyle >>> SEBI Approval 14-Feb-20
13) Easy Trip Planners >>> SEBI Approval 31-Jan-20
14) Puranik Builders >>> SEBI Approval 31-Jan-20
15) Montecarlo >>> SEBI Approval 28-Jan-20
16) Chemcon Speciality Chemicals >>> SEBI Approval 28-Jan-20
17) Burger King India >>> SEBI Approval 24-Jan-20
18) Shri Bajrang Power and Ispat >>> SEBI Approval 17-Jan-20
19) Route Mobile >>> SEBI Approval 24-Dec-19

D) SEBI Approval *Received* *(>8 months ago)*:

20) Mazagaon Dock Shipbuilders >>> SEBI Approval 13-Dec-19
21) Samhi Hotels >>> SEBI Approval 29-Nov-19
22) Indian Renewable Energy Development Agency >>> SEBI Approval 27-Sep-19
23) Shyam Steel Industries >>> SEBI Approval 20-Sep-19
24) Bajaj Energy >>> SEBI Approval 30-Aug-19
25) Angel Broking >>> SEBI Approval 26-July-19

Good morning !

Wanted to bring to every investors notice that Sovereign Gold Bond (SGB) series IV issued by GOI on 12th July 2020 and allotted on 20th July 2020 at Rs.4802 per gram is now 5334 within 23 days. Whopping return of 11% ! Additionally SGB offers,

1. Annual interest at 2.5% paid bi annual
2. No capital gains if held till maturity
3. Early redemption after 5 years and listed on exchanges

A separate link is opened by chittoragarh on new issue SGB series V

When all were busy with Yes Bank, Mind space , UTI , Gold as an asset quietly is increasing due to unlimited quantitative easing by US, which in in fact is weakening the Dollar. Worth a look at it....

amit K singh,
Aap to bare Gyani purush hain sir ji, mujhe to pata hi nahi tha.

Waise,
Fpo kab se primary market mai aane lage .....
Thora prakash dalen.

@ipo through ASBA, A public offer IPO, FPO, rights issue are primary market till these are listed. These are more predictable and has lesser risk compared to when someone tradesdirectly in secondary market.

I consider one should take expert advice while dealing with secondary market.

So once yes bank FPO is listed, the FPO is done and dusted for me. As a FPO, it failed miserably as it was listed in LC and available below issue price.

If someone did not apply the ipo, he could have get it in lesser price.. Why pay Rs 12, when it is available at Rs 11.3? Hope you agree...

UTI AMC IPO- Some facts:

Offer for sale of 1,04,59,949 equity shares each by SBI, LIC and BOB while 38,03,617 equity shares each by PNB and T. Rowe Price International Ltd.
Total 3,89,87,081 shares offerd.

SBI, LIC, PNB and BOB each holds 18.5% stake (2,31,25,000 shares each at avg. cost of Rs.99.76 per share) while T. Rowe Price International Ltd holds 26% (3,29,64,686 shares at avg. cost of Rs.200.43 per share)

In January 2010, T. Rowe Price Group Inc., through its wholly owned subsidiary, TRP, acquired a 26.0% stake in our Company. T Rowe Price Group has bought 26% stake in UTI AMC and UTI Trustee Company for Rs 650 crore (6.5% each from SBI, LIC, PNB & BOB). The deal values the country’s oldest mutual fund house at Rs 2,500 crore or about 3.6% of its assets under management.

QIB Portion – 50% =1,93,93,540 Equity Shares.

Allocation for Anchor Investor (60% of QIB Portion=1,16,36,124 Equity Shares).

Allocation to Mutual Funds (only 5% of the Net QIB Portion = 3,87,871 Equity Shares).

Balance of QIB Portion for all QIBs including Mutual Funds 73,69,545 Equity Shares

HNI 15% = 58,18,062 Equity Shares.

Retail 35% = 1,35,75,479 Equity Shares.
Approx 7-9 lakh lots (finally depending on price & lot size)
2,00,000 shares reserved for employees.

Equity Shares outstanding prior and after the Offer 12,67,87,254 Equity Shares as no fresh equity will be issued.

Basic EPS & RONWon Restated Consolidated Statement of Profit and Loss

EPS / FY / RONW
Rs.16.48 / HY 20 / 70.71
Rs.27.83 / FY 19 / 13.55
Rs.28.73 / FY 18 / 15.38
Rs.31.57 / FY17 / 19.76

NAV = Rs.213.83 as on sep. 30, 2019.

Peer comparison:
Co. / EPS / INCOME / NAV
UTI AMC / 10,808.94 / 27.83 / 205.41
HDFC.AMC / 20,967.80 / 43.87 / 144.45
Nippon.AMC/ 16,499.20 / 7.94 / 45.36

Interesting to see the price band.....
A much awaited and must apply IPO for listing gain as well as shot term to long term portfolio stock.????????

Falling EPS?

Any idea about dates of this IPO???

Mahindra Finance Rights Issue: posting here since there is no separate channel for posting Mahindra Finance. Is anyone able to apply for Rights issue through KFIN link they shared in the offer letter. For me, it's giving enter DP id with 16 or fewer characters though i am entering the correct 16 diigit (CDSL) DP ID. Tried calling KFIN several times but no response or going to automated message about Reliance rights issue (which was closed 45 days back). HDFC Bank is not allowing to make online application like they did it for Reliance Rights issue. I am sure most of prefer to do apply online instead of filling the form and submitting it in nearest bank branch etc., So, please share how you could succeed submitting online application, if you have done it. thanks in advance for helping on this

From any bank supporting ASBA, RE shares can be applied just like any other IPO/OFS.

You sell your right entetilement in the market and buy m&m share from the market .m&mfin Re is quoting 73 Rs +50 rs you have to pay the company so cost is 123 .
The share price is quoting 127 .

Is this going to come in August or was is it delayed.. no news on dates.. or price band...

Who visite site everyday without any reason ????

I visit everyday day but with a reason

I visit to read comments

Happy Rakshabandhan to all.

UTI ISSUE LIKELY TO OPEN 17 TO 19 OF THIS MONTH
PRICE BAND IS LIKELY TO
925/950
Current GMP IS 75/80
Application rate 1000

1. Hero of stock Jul 26, 2020 10:07
Mindspace Business Parks REIT

New IPO

*UTI AMC*

Andajit...

17 Aug aspas
size 3200 cr
price band 950

App Buyer at 300
Abhi 300 se direct 1000

Upcoming IPOs

Apply in all of them...

1. UTI Asset Management Co.
2. Computer Age Management Services
3. Happiest Minds Technologies


1. Peer to Hdfc AMC & Nippon AMC
2. CAMS - No listed peer, huge mkt share - close to Monopoly
3. Happiest Minds - *looks like an emerging giant & company*. Founded by Ashok Soota - ex-Mindtree - Founding Chairman & MD.

Experts,

I do not know that what is Kostak ( ) price in share market.

Please explain.

Thanks in advance.

Is there any preference for shareholders in UTI AMC IPO.

UTI AMC IPO don't have any shareholder preference

Thanks ji

Kalyan Jewellers, the leading Kerala-based jewellery retail firm backed by private equity giant Warburg Pincus, has revived plans to debut on Dalal Street by launching a Rs 1,800 crore initial public offering (IPO).

The company has started work on the IPO and is likely to file its DRHP (draft red herring prospectus) with market regulator Sebi by August-end or early September, people familiar with the matter told Moneycontrol. The decision comes on the back of a gradual recovery in demand in the domestic jewellery sector after the pounding from the COVID-19 outbreak.

The IPO hiatus in the markets due to the coronavirus lockdown ended on July 23 when speciality chemicals firm Rossary Biotech made a blockbuster stock market debut.

“Kalyan Jewellers is looking to raise around Rs 1,600-Rs 1,800 crore through a mix of primary and secondary issue of shares. Their numbers as of March are healthy. With the organised jewellery sector slowly heading towards normalcy, this has given confidence to the firm,” one of the persons cited above told Moneycontrol. The firm had evaluated an IPO in early 2018 but deferred those plans.

Moneycontrol.com

वित्त मंत्री निर्मला सीतारमण ने कहा है कि आत्मनिर्भर भारत पैकेज के तहत MSMEs सेक्टर को कर्ज देने से कोई भी बैंक मना नहीं कर सकता। अगर ऐसा कोई मामला है तो वो शिकायत करें। वो खुद इस मामले को देखेंगी। फिक्की के एक कार्यक्रम में वित्तमंत्री ने खासतौर से हॉस्पिटेलिटी सेक्टर को लेकर कहा है कि वो इस सेक्टर की परेशानियों से वाकिफ हैं। बता दें कि आत्मनिर्भर भारत पैकेज के तहत लोन को तौर पर MSMEs को 3 लाख करोड़ रुपये कर्ज देने का ऐलान किया गया है।

IPO of Leading Kerala-based jewellery retail firm
Kalyan Jewellers backed by private equity giant Warburg Pincus is likely to arrive in 4th Quarter of 2020-21.
Size 1700 Cr approx.

Edelweiss Financial Services has withdrawn from a government process to select two pre-IPO transaction advisors for the mega Life Insurance Corporation's IPO.

Edelweiss has written to the government and voluntarily opted out of the process following concerns raised by the government on a potential conflict of interest scenario due to the firm's existing life insurance joint venture with Tokio Marine,” said an individual cited above.