Hyundai Motor India Limited IPO Message Board (Page 106)

I am thinking about the Global market & Indian Stock market after Israel & Gulf crises. I may be wrong as this is just my perceptions and likely to be differ from others views. The elections of US President is in November. The Iran 🇮🇷 lobby in US is very strong. No one can take any steps to make them unhappy. Israel is planing to attack on Iran to destroy their oil field & another important location. It's a matter of time only but Israel will surely attack on Iran in a big way to please their people. All these steps may shoot up the price of Oil. Secondly the restrictions in Red Sea may affect India's import - Export in a big way. It will raise the freight charges in a big way. In short the Global economy as well as Indian economy may be affected in a big way. All these cascade effect makes the stock market in big downtrend. The FIIs are Continuesly selling in a big way. Recently SEBI have tightened the F&O rules. The State assembly results also may harm the sentiment of the market.

Due to this One can't be comfortable with the Market. One have to book the profit from our existing holding To prevent our loss from our profit, one have to rethink about our strategy. What other experts think, let us discuss

Exit polls
1. give edge to NC - CONG in J & K. 2. Congress sets to Sweep in Haryana, setback for BJP.
If exit polls = Exact results

MARket will react strongly on results.

My view on Israel Iran conflict will not be full-fledged war.. nor there will be any one to one direct war between them.. at most America will impose more and more sanctions.. Iran will not be able to sell its oil like Russia.. it will only benefit China and India like earlier.. as they will purchase more cheaper oil from Iran like they are doing from Russia..

Struggling auto sector,
Bought new car after 1 month of due diligence and inquiring.
Here sharing my experience,

All the companies including Hyundai are available with huge discounts and offers

All companies are available with their base models readily available in stock

Incentives, accessories and extanded warranty offered and discounted if denied
They are bargaining in accessories and insurance policy prices also

Just 1 post for queries and their representatives are visiting my home N number of times

Auto loan offering in PSU banks with zero DC and less paperwork with low interest rates as compared to private banks(mostly they are pushing of private banks for good commission)
Stockyard full of cars unattended ,some units are rusting,fade colors and more than six months old date of manufacture, plants and grass are developing in some cars after monsoon

Finally bought car from NEXA with six figures discount and just 1 month old mfg. Which i confirmed online with chasis no.code

This is not related with current IPO but a sector as a whole
Situation may be worst in coming days as crude and Matel price are rising
(Excludes M&M as i did not like SUV and bulky car)

​@harit Many congratulation on 6 figure discount.

@Chhote Lal @Josh Machine Yes. As mentioned by @harit four wheelers are struglling in our country. There is no doubt in Auto companies giving discount during festival season as most of us make a purchase during this season just bcoz of additional discount available.

However this year since May dealers across are struggling to clear their invetory which has been piling up their stock yard. They are hell bent to clear it this inventory piled up before year end. They had a extemely very good run in last few years, now the base of last year is haunting their nos as it is the gauge to measure growth. This has been highlighted by many business newspapers like ET. The only r difference in discounts this year is for a different reason which implies something else. Personally speaking I do want that to become true as it is.

​@harit @Chhote Lal @Iranna I have checked, there seems to be some issue with the sector, particularly due to the larger base.

​@ONLYFOR.IPO Thanks bro

320/340.....

#OFF TOPIC

@Chhote Lal Ji, @UJJAWAL Ji,@Paymzia Ji,@Vimal Garodia Ji and ther Respected Members i have one query as below, Please Provide your Valuable Suggestion for the same.

I am planning to redeem some of my mutual funds on Monday, which I have been invested in for the past 2-3 years. I intend to purchase new mutual funds with the proceeds.

I would like to know if the profit from the mutual funds will be considered as Short Term Capital Gains (STCG) for this year, as the profit is the cumulative result of the last 3 years of holding.

Please advise.

Sure, I will wait for some more time and then make the final decision.

​@SilentIPOApplicant Nobody knows for how long the correction in markets will happen! What if there is pause or market rebounds tomorrow? Best thing is to take advantage of every dip. Some value shares will correct more than the market and some partial quantities can always be added in every dip as per own evaluation.

All the Best !

Maximum lot size is 13 for retail ... ...This clearly indicate price will not below 1790... Considing lot size is 8...on the lower side 1660 price bnd with lot size 9 will fullfill both condition 1 lot and 13 lot on maximum side...

​@ONLYFOR.IPO To pahle hdfc me mera account open karana pdega...fir minor ka
Minimum balance kitna rakhe kya minor ke account me bhi minimum rakhna hota hai ,
Or ak baat kya kisi bhai ke Minor account se ipo allotted hua hai

Akdum naye hai ipo ki field me to support kare
Dhanyawad

ji haan, pehle guardian ka account open karna hoga hdfc bank me uske baad hi minor ka account open hoga.
Yes, minimum balance rakhna hoga minor account me, it's depend of metro / urban city and type of account.

yes, mere minor account se ipo allot hua hai.

Hyundai issue may be underscribe if they set price more than 1200 i think this fare value for this compny to see current market situation...

They dont want market situation they need only money and according to their valuations.

Iran Israel war, Crude oil price, America election, China stimulus, and now this. The Public Accounts Committee (PAC) of Parliament is set to review the functioning of India's top regulatory bodies, summoning officials from SEBI (Securities and Exchange Board of India) and TRAI (Telecom Regulatory Authority of India) for depositions on October 24. One more reason is adding in market to correct more.

Opportunities to enter/add usually come with negative news. One should keep close watch for taking informed decisions 👍

Lets not give speculation of price band,which is anyway not in our hands.
What you think of EV car market in india?
Whats the number says, growing or no growth, difficulties etc.
Hyundai had discontinued their Kona EV as i read, focusing on mass market Creta EV in 2025.
I feel that electric bikes adoption is crazy but not much craze for cars as of now in india.
Simply due to charging time and cost.
Views welcomed

EV is future and going forward all traditional IC engine vehicles will be phased out to be replaced with EVs in next few years. Hyundai being a strong brand is committed to auto market in India and certainly here to stay. Let's keep a watch on IPO related developments as these unfold in coming days!

Can we able to apply third party application through UPI against FD linked to our savings account in AXIS , HDFC etc

Please reply experienced people who try this one method

​@Mihir jain Answer is NO. Third party applications have been banned since May 2022 and such applications are liable to be rejected. Moreover, banks like HDFC do not allow linked FD usage for IPO application purposes. Some banks like ICICI, Yes and IndusInd have linked FD feature /active money/auto sweepin facilities to be used by applicant having same PAN credentials as in Bank and Demat 👍

India's forex reserves jump $12.58 billion to a new all-time high of $704.8 billion for the week ended September 27.

Super.. we need good news like this in current situation..

is any one applied Minor asba BHNI through Indusind Bank ?

Bhaiyo RamRam
koi sudh hindi me btao ki minor ka account konse bank me khulvaye ki net banking mil jaye or asba se ipo apply kar sake

Zerodha mein jab minor account open kr rahe hai homepage bar bar aa rha hai
Kise ko past mein problem ayi hai similar
Kya kr sakte hai isme

HDFC

For AY 2023- 24 I filed under ITR 3 under new regime ( Mistake by my auditor)

For AY 2024-25 i have only salary and income from shares selling only. Can i opt ITR 2 ?
Also can I opt for old regime ? as my income may around 5 lacs, so i can use 80 C Advantage.

Experts pls advise

Sorry sir, read as FY instead of AY

​@Rkudp yes, you can opt old regime for current financial year 2024-25 when you file itr-2 in next year

@Rewar aapko minor ke saath apna account bhi khulvana padega phir minor ki bhi aap asba apply online kar sakte ho.

Hyundai IPO

Company Plans To Raise
$3.3 Bn At $19 Bn M.cap

IPO Size : 27,700 Cr
M.cap : 1,58,500 Cr

Now estimated price around 1950

The Size is Tentatively Upsized By 12%

Now even 350 premium seems difficult to sustain

​@diwan kapoor From @newgen consultancy X po(st) there he po(sts everything he shared his (id in feb in cg.
Cant say more due to forum rules

​@Owais Naik Okay..

Market is in Correction mood...

I didn't know anything about "ipo" only start with i , learning some basics from this site .
Thanks all genius members of chittorgarh.com

2 days down fall in Share Market of about 2,577 pts in BSE has shocked the investors. As per the News and discussions on different channels, the war is not going to conclude in some time but likely to continue. It is now difficult to say what will be the fate of Indian Share Market with International Share Market.
In India, investors have lost heavily according to their investments.
But the main personalities of India who have been down graded in the ranking of richest people of the World is none other than SHRI MUKESH AMBANI and SHRI GAUTAM ADANI. The considerable downside in their netwoworth has come. They have lost their position in the list of the richest people of world. Only due to yesterday's fall of 1770 pts. Mr. Ambani is slipped by two numbers. Mr. Adani is also slipped by three numbers. Now they are on 14th and 17th ranking respectively.
So, we need not worry. Be happy and wait for some better news.