Hyundai Motor India Limited IPO Message Board (Page 104)

This is what i found with a quick search on the internet..

If the company delists voluntarily, the account holder will get one year time to approach the RTA and tender the shares through an offline process.

The company will have to honour the delisting price.

If the company has been delisted for over a year, the shareholder can approach the company and enter into a private negotiation to sell the shares back to the promoters.

This will be an off-market transaction and the price will be determined between the buyer and seller..

​@ONLYFOR.IPO I am not 100% sure but you may have to do rematerilization of shares. There will be charges for same and you can get details from your broker.
But why do you want to do that? I have 2 stocks in my portfolio which are not traded from several years. I keep those and that reminds me how down a share may fall. That always reminds me to not be greedy and not hold bad quality shares thinking that one day it will recover.

I had some shares of a company (Temptation Foods) that I think went bankrupt. I wanted to get rid of the shares as the DMAT account having these shares was to be closed. So, I just transferred these shares online to another account (in my family) which does not charge any AMC or any other charges. Then, I closed the first DMAT account.
@ONLYFOR.IPO

​@Vimal Garodia @Mr. Singh Thank you very much for your promp reply.

@antarix Thanks for your response. I have tried to transfer (from nsdl to cdsl) these shares but could not do it. I have searched online also how to transfer shares from nsdl to cdsl but the option which are showing in online video not appearing on nsdl site. Can you please guide me regarding this.

​@ONLYFOR.IPO I have no experience with NSDL but I think you can call customer care of your broker and ask them to transfer shares (may be through Delivery Instruction Slip). They can guide you.

​@antarix okay, thanks

​@ONLYFOR.IPO If you are closing dmat then while closing share can be transferred to other dmat. Closure form has that option. I had done same and had closed a dmat(in nsdl) and transferred that to another broker (I'm cdsl). This is also free of any charge.

​@Mr. Singh Sir, can i transfer de listed shares online from nsdl to cdsl because where I am residing at present (Raniwara, Rajasthan) there is no office of any depository so I can't close it offline. HDFC bank is here (I have dmat account in HDFC) but they are saying they are not handling dmat related queries. They told go nearby city where dmat office is present.
Can you guide me, I am not able to find transfer option on nsdl site while transferreing online.

No idea of online.

​@ONLYFOR.IPO The problem you are facing might be other investors also facing. One has to be vigilant in Share Market. Before delisting any share the company has to follow certain rules. Accordingly they have to inform the share holders about delisting of the share. They might have offered the delisting price to the shareholders for their holding. You might have overlooked this communication of the company.
As far as both the companies you have mentioned, first try to know whether these are in existence or not. Contact their RTA and the companies. I am doubtful about Kingfisher Airlines existence. Why do you want to remove these companies shares from your demat account ?
I am sharing my experience in Essar Oil and Infinite Computers.
In Essar Oil, I sold the shares on the last date of trading. Here we have to be vigilant.
In Infinite Computers, after buy back my shares were not transferred back in my demat account. So, I was unaware of these shares. Later on I came to know about the shares. I was holding 24 IPO allotted shares in my demat account. As this is a very good company after some years the company purchased the shares at the rates fixed and the amount was credited in my account. The rate was far above the IPO price.
There are agencies which purchase the shares of such delisted companies. You have to find out such genuine agency. These agencies have all information about these companies.
So, let these shares be in demat account. If luck favors, the company may purchase these shares, if in existence.
Otherwise forget both the companies.

​@PKRAJ thank you for sharing your experience sir.

​@ONLYFOR.IPO You already got some response there. Agreed no one would like to keep dead entities in portfolio. Best thing to remove would be to transfer to other demat account but if you are facing difficulties transfering, no harm letting these rest in peace in your existing demat. Ideally you should open another basic demat account with broker having same depository (say CDSL) where annual maintenance fee is zero and you can dump these to have clear portfolio as desired!

​@ONLYFOR.IPO Try NSDLSpeedE app, it has off market transfer option..if that does not work then contact your broker..

​@Chhote Lal Thank you
@Vimal Garodia Already tried NSDLSpeedE app but not able to transfer, will try through broker. Thanks.

​@Chhote Lal sir, do you have any idea which dmat account is good for nsdl with zero amc charges. currently i am using hdfc securities for nsdl which is Rs.850/- amc charges.

Every dip is opportunity to enter or to add. Keep looking for such opportunities.

Agreed 👍 but this is the most rigorous fall at least in the last 2-3 years, conversely probably the best buying opportunity in the same time frame. Only the Iran-Isarel face off has still not yet started which will most probably drag it further down.

If premium is 1950/- it will be difficult to get profit on listing, still there is time to reconsider and alter premium by company.

​@Anil Mwt Where did you get premium figure of 1950 from? 🤔😳
Prevailing GMP is only about Rs 280 to 300!

He means
Fv+premium
10+1950

Not gmp

Hyundai first leaked news of IPO at rs 1200 and GMP went to as high as rs 1000. Thus they found there stock value and finally keeping just rs 250 (12%) on table. Falling secondary market should teach lesson to Lead manager (if not to Hyundai) and they will be forced to bring future issues at good valuation.

​@Chhote Lal 
I mean...Fv+premium 10+1950,

​@Mr. Singh 
Yes you have correctly said..!! And i also means the same---
*Greed leads to Bleed*

बंद मुट्ठी लाख की खुल गई तो खाक की।

Good for investors.. it may force promoters to have a decent price band for the ipo ..

​@Rolta Hyundai IPO dates and other details are yet to be announced. Offtopic queries and discussions have been taking place in other pages too and not only in a specific page. While pages are meant for IPO related discussions, its okay to have some offtopic coverage related to markets. It is public forum and members will like to ask and share as they wish. Choose what suits best and leave the rest!

​@Rolta As an idea, it is very logical, but the thing is that, people like to ask questions where they are most likely to get answer, active or upcoming interesting IPO pages.
And even if a separate page is created for such queries, there might not be many experts or senior memebers who will go out of the way to answer these questions.
Let us just learn to live with it even if it is irritating and sometimes these questions add to the knowledge of even senior members and who does not welcome knowledge? everybody does🤔🤔🙏🙏

Considering the issue size as declared around 8500 crores & number of shares 14+crores. The price per share works out to be around 600. Hence there is no point in speculating a price of 1500-2000 which needs to be brought down by imaginary maneovres of GMP. Lets be serious & sensical

​@Dr Brij If you are talking about Hyundai IPO, from where you got this figure of 8500 🤔
Size is reported to be 27K Cr and hence the price at 1700 levels !

​@PKRAJ Sir, this FAQs requirements have been suggested in past too. CG portal has wealth of information pertaining to IPOs in its repository. Recently, I observed inputs on HUF. Probably, some inputs on minor account etc. may also be added. 👍