Hyundai Motor India Limited IPO Message Board (Page 115)

Very well explained. 700gmp is not sustainable at all, this might be done just to fill up the ipo. !!

If this gmp sustains 700 levels, then there is room for maruti and mahindra to move 10% more from cmp....sector rerating possible.

Today I bought
Ask auto
from the market @440.75 instead of OFS.
I hope within a week time it should give good returns. Here public holding is just below 5%. One may remember that the public holding in GE T&D was also below 5%. This is just my strong conviction now let's hope for the best.

​@abc xyz 
Nice !

I also purchased ASK Auto from secondary market today for ultra short term trading.

Sold 135 shares of GE T& D from second last account today @ upper circuit @1705.75.
Earned good profit in GE T & D.
Will sold last 135 shares in coming days.

I have applied in OFS of GE T & D in nii category and haven't sold a single share although made good intraday gain. Ready to wait for Q2 results.
​@Authentic

​@abc xyz 
Not booking handsome profit, made in ultra short term indicates You have will , guts and patience similar to Long Term Investor of equity market

Great !

All the best!

Quite possible something is known by someone to grab those shares unsubscribed shares at the last moment. And that much amount of shares wouldn't have been available from market at less price since sell side qty was close to 8 lakhs the whole day. Plus the 0% margin bid indicates its one of those institutional type of investor, possibly.

Results are.nearby with expectation that solar plant capex has operationlised. Let see. Holding ipo allotments. @Authentic @abc xyz

​@MuStrFc 
Good day.
Your strategy is perfectly fine. Q2 is very close. So one can surely wait. Some stocks give instant results & others require some time to perform. Isn't it😃😀😎😄

​@Authentic  Where can i get the OFS subscription data information.
kindly guide

​@Authentic @abc xyz @MuStrFc  surprising last 5 min for this OFS on the 2nd day. Never seen anything like this before. Why would anyone bid at 11 Rs more than the cut-off price given that the allotment was almost sureshot 100% possible at cut-off price itself. Wonders of OFS! :) Would be interesting to see what price it opens at on Monday.

Btw, what are your thoughts on Route Mobile? I recently participated in Route Mobile OFS, wanted to hold for long term so didn't sell full allotment but the way it is falling down consistently after OFS makes me nervous :)

​@The Stock Sensei 

Yes,
True

Bid @ 11 Rs premium also surprised me.
Going to add few more shares on Monday if it opens below 450.

Sorry, I have no idea about Route mobile.

​@MuStrFc Good observation on last day of OFS. I had missed this point while bidding.
GE counter is doing good since OFS - I am also holding my small quantity after allotment. They rank top among 3 in Industry.

@The Stock Sensei Route mobile OFS was costly like Ask auto. Normally after OFS price tend to fall a bit due to increase of shares free float in market. Higher the OFS price higher is fluctuation. Route mobile can give 10-15% returns on your capital in 2-3 months on OFS price (I am not SEBI registered expert, this is just my observation - do take your call as per your risk appetite)

As expected😔
Once price band announces greyians will estimate about listing price.

Gmp 655 buyer rajkot

​@Jay here I agree with you.

But here can be a case of just about negative listing or flat listing. If Hyundai prices IPO at 20 billion dollar valuation (which is what they have mentioned as well on the upper side) and then if Maruthi gives back some of the gains it made in the last few days plus some more percentage points then the valuation gap b/w Maruthi & Hyundai could widen. And that is the only risk I see as of now.

I know its all 'If & Buts' and generally I would not worry but since this is a high probability allotment candidate (you apply from 10 demats then even 5 lots allotment is also possible), the chances of big loss also arise incase of discount listing. So have to be very very careful...QIB data post noon on the final day has to be watched very very closely.

I will never never compare this to Bajaj Housing. The valuation at which bajaj Housing came was way below even its small ticket peers like Aptus, Aadhaar, Aavaas, Hudco, etc. And Bajaj was top notch on every parameter versus its peers..so valuation wise Bajaj easily left 50% on the table and then Bajaj brand (people's great exp with bajaj Finance) and liquidity euphoria took it past 100% premium.

Overall I feel, this may give some profits to investors but will when you look back, you may feel it did not live up to the hype it generated.

Hopefully I am proven wrong and it positively surprises (money matters and not getting my predictions correct :) )

​@Esparando 
I did not intend to compare Bajaj Finance with Hyundai; I was merely sharing an experience that holds a particularly sweet memory for me.

I agree there could also be discount listing but I HOPE FII come with huge inflow and make retailers ewen some easy money.

The main purpose of this article is to highlight how exciting it can be to anticipate all the possibilities before the listing.

🙏👍

👍

​@Jay here @Esparando 
Euphoria is here...

Any flat or discount listing can spoil the mood of other mega ipos. Which LMs dont want.GMP is crucial for any brand.
LM will bring the pricing or GMP to match the size...

Kya khwab dekhte ho discount lising ke just like देखो मैने देखा है ये इक सपना फूलों के शहर में हो घर अपना चांद यहां है तू कहां है मैं आई आई आई आ जा मैं आई आई आई आ जा

​@WorthLearning 
Hope for the best.

​@GIRDHAR BHATIYA 
ये न तो कोई सपना है और न ही हकीकत, ये एक खुले मन से की गई चर्चा है। जरूरी बात जो मर्म को समझे।

​@Jay here  Hyundai has been the most expected IPO for us. Such a big company with presence in many countries launching IPO in India is next big thing for sure. Our markets are at their Zenith this IPO is another feather in the cap. Only thing that can put a damper effect is 1. Increasing intensity in geo-political conflicts in last 10 days especially middle-east and its effect on market. 2. Valuation - Analysts are expecting Hyundai to be valued on par or more than Top three listed companies. Any lower valuation can also be another weak sentiment as per them. Hence I think Hyundai GMP has been volatile in last few days what I am seeing in CG forums (reason I mentioned maybe wrong). If they priced themselves like what Paytm & LIC did - some of us here have learnt what to do in such scenarios.

Inspite of all this we are hearing news of other Korean companies also joining the IPO market like LG and Samsung. This news is the positive sign for overall IPO market.

Size of public issue is quite bigger than Vi in this FY, though VI was an FPO. Bigger the size - greater the expectations. Let's see if Hyundai can pull this off.

Anyways this entire Euphoria will be remembered.

​@Iranna 
Bang on! It will be really interesting to see sub figure and listing price :)

When the issue price is not yet declared, it is very common for the GMP to be volatile.

Bajaj Hosuing is a recent example.
....from 65/- GMP went down to 42/- before IPO price was announced.

It all boils down to IPO price and then for retail investors its about how many times QIB is going to get subscribed (Anchor anyways is going to be amazing since this is a portfolio stock)

Some People or mah be many people burnt their fingers in LIC & Paytm because they did not bother to look at the subscription figures of QIB and went ahead and applied.

​@Esparando 
I agree, the anchors will be strong both in numbers and quality. The QIB figures will be really interesting to watch, and I mostly believe they will also bid well.

​@Iranna ​ Korean Lg & Samsung lining up isnt a good news. They will eventually absorb liquidity.

Same information received by me also

Normally BHNI lots and amounts are double than SHNI
please check again @Kailash sharma