0.44x This subscription no is Sheela foam IPO comes in 2016 where most of senior manner says it's too costly avoid win and hni no. is not higher side and retail portion is not fully subscribe but after a mute listing lock with upper circuit so don't worry listing on 10 am could be 575 to 600 but end of days could be closed 650 to 700. Happy listing.
I have a firm opinion that you will see 700 on listing day.. It might be in the morning session it self or by EOD.. Inviting comments from everyone.. But, don't forget to like this message if what I say hold's true..
UTI AMC will see huge buying demand....Other hand MAZGAON everyone will book profits and turn to UTI AMC ....TRUMP TWEETS ALRIGHT .....COVID FREE....HUGE RALLY TOMMOROW MORNING . .....
808.13. Cautious ipo Aug 11, 2020 15:10 Top Contributor Top Contributor (400+ Posts, 300+ Likes) Another great circuit.....18/- rs just on friday certain...but interesting to see eagerness to test past 25/- next week ...and big 50/- maybe before November not rulling out .....one can still enter blindly imo ..
it is 6 tmes larger than mazagaon so retail subscription is about 14 times.all retailers thinking they will buy in open market .it will move sharp on listing day. my interest having 2 lot.will buy 2 more for 2 -3 days .target atleast 150+
Same way, retail quota in UTI is about 755 cr and in Mazgaon is about 154 cr only....so expect heavy selling from retailers and NII.....stock might be under pressure tomorrow(UTI).
Some members declaring gmp, but its based on only some grey trades and because of low subscription figures. So its clear that HDFC AMC will repeat here
I am expecting decent listing gains in the range of 0-30% with reasonable probability of allotment. May also add post listing in case get a reasonably priced opportunity.
I believe this stock and Mazgao Doc IPOs will move in opposite direction on listing day. With very high Mazgao grey market activity, I am expecting Mazgao to be under severe selling and endup like chemcon on listing day. UTI may get additional benefit of cross buying on listing day as it is listing on the same day as Mazgao. Suggest whoever applied in this IPO to hold at least till end of first day but new investors to wait till listing day clarity emerges before entering this stock.
All the best to all who have got allotment in UTI AMC.
I continue to believe that UTI AMC should give 0-30% return in short term. Even if listing gains may not be of the order of Chemcon , Happiest Minds or Route Mobile but I have strong believe post listing stock will not perform as bad as Chemcon. Suggest not to panic and have patience.
Suno Sabki par karo sirf apne man ki ..because no one can safeguard and grow your money other than YOU.
There are no big listing gain visible and hence there is no rush to book profits on listing day. There is no reason for people and institutions to BIG SELL this stock after putting money in this. Even if they do sell, it can be only to buy at lower. So, even if stock goes below the IPO price, it should recover reasonably fast.
On the other hands additional money may not enter this stock immediately, as there is no reason for RUSH BUYING as there are no quick profits visible.
Overall this stock should remain +/- 30% of listing price in short term.
With not much of grey market activity, listing should be close to IPO price. It really doesn't matter whether it lists few INR below IPO Price or few INR above. Stock should not have sharp movements like recent listing of chemcon, route mobile etc. Movements are expected to be gradual. Except very few, most of us will neither be able to buy or sell soon after listing because we will not be driven by our conviction about the stock but by our fear and greed.
IPO is reasonably large and should give sufficient time to people to act. Hence I will not be rushing to act. People who have strong conviction FOR or AGAINST the stock's future will gain BIG if their conviction turns correct.
Hence friends, suggest to keep your OWN CONVICTION ready and bet based on your risk profile and liquidity.
From the very beginning, even before final subscription known and allotment started, I have positive conviction about the stock and will carry the same conviction to the day of reckoning.....The Monday 12th Oct 2020. All the best to you all.
Lukewarm listing as expected. First round of pullback has already taken place. As expected stock will go through gradual grind now onwards.
I am expecting the stock to be above IPO price gradually and give gains as well. I am ready for the grind. As I am not expecting much downslide from here due to reasonable valuations the IPO was priced at.