Hyundai Motor India Limited IPO Message Board (Page 105)

Dear @NAPSTER 
I am using Kotak Bank Active Money FD so I will share my views and understanding of it.

1. From your Kotak Mobile App you need to activate Active Money Feature.
2. After that any excess amount of 30000 will be converted in to FD for a period of 6 Months @ 7 percent.

3. If you get allotment within 7 days of creating FD then amount of interest paid for the peorid of 7 days will be even less that the savings account interest.
4. And if you got allotment after 7 days and money is withdrawn from the FD then applicable rate of interest gor the holdings period will be paid without any penalty. For example if money is deducted after 90 days then applicable FD interest of 90 days will be Paid.

Hope this will give you some understanding of Kotak Acive Money Features

Dont think 7 % for 6 month. 7 % is annually so 6 month 3.5 % as kotak office staff told me

​@Flying Stallions  have you ever got any ipo using this kotak flexi fd?

​@SOAM Why speculate. Let the details be announced first. Companies too want the IPOs to sail through. Let's wait and watch.

Company and LM might be leking information on price band to check demand and at what price IPO will be subscribed. If there is good demand in grey at rs 2000 for Hyundai, then they may bring IPO at same price. Grey buyers need to be cautious as they have good option available in same segment unless company coming with IPO leave 30% or more on table.
If every IPO leaves only 10%-15% then people will better invest in mutual fund and will not keep fund for IPO.

​@Mr. Singh Anchor investors are very comfortable at 1870 price....25 XPE ratio...maruti at 28 X and Mahindra at 30.5 PE

​@Rolta Anchor had been comfortable in past big IPOs like paytm, lic and in mankind, bharti hexacom as well. Few were proved wrong investment but many were proved very good investment.
Regarding Hyundai IPO 4 wheeler market has seen lesser demand from last 3 months but maruti shares are hitting almost all time high.
It's really difficult to take decision and HNI investors may wait till 2:30 pm to take final decision even with good anchor.

​@SOAM The companies have sources to sail their IPOs through. How many IPOs have failed to survive till now ? May not be the number in two digits. When IPOs like PayTM, Cartrade and LIC,to name a few can sail through why others not. They may leave everything on the table for investors like BHFL.
​@Chhote Lal Is correct, why to speculate? Let the company announce all the details.
No doubt the Companies are greedy but at the same time the investors are not left behind.
To keep patience for some time.
Otherwise
**Post likhane ke liye aur jawaab dene ke liye GHALEEB khyaal achchha hai.

@Pkraj Bajaj housing. IPO ke baad jyad greed hai ...Jo members ko malal tha ke allotment nai milta un sb ke liye accha chance hai 😂 20 % CHALE GA yeah pheer dil mange more just sunday fun time enjoy...

If,
1) Minor has a Pan
2) Minors PAN is updated in his Bank account
3) Minors has his demat with his Pan no.

Birthdate main year 18 plus kar do... Ho jayega..

​@ItsAniket In all likelihood, issue is on track and may not get delayed. Company will be interested to get the issue sail through without bothering about 'good' listing !

​@ItsAniket Ap polycab wle Aniket too nahi kya news diya tha Aniket G ne at 720 still hilding 50 shares current price 7200..its 2019 i think ....any one remember..?

I dont know if trades are happening now i have 2 brokers and both have stopped dealing in hyundai ...
My mindset was i dint feel that initial gmp would sustain 700-800 considering this is a very big issue and with 35% retail .... Thats why i found 27000 per application rate to be reasonable for me though it even went till 31000 after that but no regrets irrespective of price band and gmp now i just have to apply and any profit/loss on allotments would be application buyers lookout i am very happy with 27000 made per application

Thanks for your response. Any last traded app rates from your end (for all categories)?
​@gala

Yesterday got msg from broker retail application rate 2000-2100.

Yesterday evening it was 2300 app rate from my end. Today evening it was 1900 app rate (~330 gmp) and now it is 260 Buyer.
​@Mohsin Patel

Any inputs from you guys..?
​@Chalak Lomdi @HappyToHelp @Silent lion @B.M.SURANA

Expected date??

As per reports, expected in later part of October 2024 itself. There is no official update as of now.

Just to add, i know someone is going to ask if there is SH quota in this, the answer is, NO!! 😊😊

Leave it blank..

No need to fill it in case of monor account.