I have been allotted in 3 applications from 3rd party UPI auto-pay.
1874. Scrip| Link| Bookmark|
October 19, 2024 2:05:27 PM
Top Contributor (500+ Posts, 200+ Likes)
Hello everyone As informed earlier I had applied 5 SHNI and 2 retail applications but i applied 1 SHNI and Retail application from same PAN.
I did this just to understand what will happen in above stated situation because earlier different people had suggested different possible outcomes. Like A. Both B. Only SHNI C. Only Retail D. None will be allotted
In my case both of the application were rejected (not allotted).
Anyone applied through IDFC ASBA got a debit SMS? I had applied for 1 lot just for the sake of IPO culture. So far no clue if this got allocated or rejected. Applied at Cut off price
1869. MAMU| Link| Bookmark|
October 19, 2024 2:09:25 PM
IPO Guru (2000+ Posts, 1200+ Likes)
Happy to receive firm allotment in all retail account. Sure to receive great response from Hyundai, like Gland Pharma. Hyundai is going to honour and encourage all the brave sharesholders, who shown courage to apply, in spite of too much negative sentiment, with Surprise Gift , looking Diwali Festival. Hope for the best , always.
1867. Sachin Sarda| Link| Bookmark|
October 19, 2024 1:49:59 PM
Top Contributor (200+ Posts, 100+ Likes)
But Kudos to Kfintech dat day hvnt published d allotments yet on d site.. though d bebits hv already done but ideally dey shud publish d results on site as well..
Which bank is allowing Minor Demat account in hyderabad
1858. COMMONMAN| Link| Bookmark|
October 19, 2024 1:30:13 PM
Top Contributor (300+ Posts, 200+ Likes)
Looks game has been played & selling pressure of Rii who applied and looked to exit upon listing has been bought in grey market and now it looks listing will be flat to positive . Negative listing looks negligent. Now most of holding is with anchors & QIB. QIB will not sell in pressure, they will sell in gradual way. Half of RII will be long term investor who were already aware they wont make immediate gain.
1857. Babal| Link| Bookmark|
October 19, 2024 9:35:04 AM
Top Contributor (300+ Posts, 100+ Likes)
We were getting messages that allotment done on lower price.
But mujhe yakeen nahi ho raha tha jis type ka hyundai ka past record raha hai (high valuation,dividend before ipo and high royalty to wipe out cash).
I have not applied.
Ab jisne apply kiya hai and allotment mila hai. Best of luck to them ki profit earn kar sake and market listing ki date par sahi rahe.
Jisne apply nahi kiya wait for better price discovery.
According to me, it will be a flat listing for hyundai. First it will create FOMO for those who didn't apply (especially Retails traders). Then price will go up and later on correction will happen. This way weak hands money will float and move to others strong hands as well shares.
Scenario 2 : It may be possible that it can go down and weak hands who applied and got allotment will be out. This way strong holders will get more shares with good averaged stock price.
I am just trying to analyze the psychology. Any other thoughts?