How are you guys able to check allotment status, I have not received any mail from BSE as you guys have and when I search with my application number on BSE, it is showing as no record exists and that this application was not bided through BSE. Also, KFintech has not released details till now. P.s I had applied through Zerodha
*Out of 14.4 crore shares of HYUNDAI IPO 12 crore shares with FII/DII. 100% sure a big game is going on either side of listing my gut feeling it's open positive a decent gap up according to big size and comparison of past big ipo history it's surely not disappoint those who applying in biggest ipo of history HYUNDAI.
1855.1. Earthking| Link| Bookmark|
October 19, 2024 1:10:18 PM
IPO Guru (1300+ Posts, 500+ Likes)
That roughly translates to 83% shares sir ... I was expecting around 76-77% ... good news for allotees then ...
1855.2. Black Swan| Link| Bookmark|
October 19, 2024 1:25:21 PM
Top Contributor (400+ Posts, 400+ Likes)
But Does HDFC/kotak allows BHNI application for minor through ASBA or we have to physically fill the form. I have tried SBI, YES and AXIS and all three are not working. And what is the transaction limits, say if i wanted to transfer 10 Lakh from minor account to some other account, is it possible?
@pansariwala while applying minor ipo via hdfc netbanking. it defaults take my pancard instead of minor. no option of pancard editing.
1853.11. Anshujii| Link| Bookmark|
October 21, 2024 1:48:54 PM
Top Contributor (700+ Posts, 100+ Likes)
I am using yes bank and hdfc for minor account and both are working fine. However advantage with yes bank is that it provides higher savings interest rate and flexible fd option. Hdfc provides plain vanilla savings account interest and no flexible fd option. If you are applying in retail application than hdfc is fine and if in bhni /shni than yes bank is better.
Dear Customer, we are sorry to inform you that no shares have been allotted to your ASBA application no. MB00000017799491 for HYUNDAI MOTOR INDIA LIMITED dated 19-OCT-24. The blocked amount of Rs.______ is now available for use. - Kotak Bank
DEAR AK GOYAL SIR. I TOO HAVE APPLIED THROUGH HDFC ASBA. I GOT ALLOTED STATUS IN HDFC SECURITY IPO ORDER PAGE PLEASE LOG IN AND VISIT THAT PAGE. I HAVE RECEIVED AN E MAIL ALSO FROM BSE WITH ALLOCATION DETAILS.
1848. IPO smart| Link| Bookmark|
October 19, 2024 11:45:41 AM
Top Contributor (400+ Posts, 100+ Likes)
Important message: I have applied 1 BHNI on 16 Oct. But based on subscription level on last day, I have also applied 1 Retail application with same PAN just to cancel ❌ my allotment. Result: Both applications (1BHNI & 1 Retail) with same PAN received no allotment and amount got unblocked in both accounts. I will plan to purchase on listing day.
1848.2. arunARUN| Link| Bookmark|
October 19, 2024 12:20:17 PM
IPO Guru (2000+ Posts, 1700+ Likes)
THis being Jugad may not work all times Here Company seems to have taken decision that you dont want to apply so what we are OK with it Technically registrar is free to cancel lower value application that being 2nd in time queue and allot 1st application of large value Remember it is a jugad only not enforcable by law
When will icicidirect show the outcome of application ? I applied @1960 but the fund is still blocked under ASBA. No updates in kfin, bse link, nse link either on my application number. Strage company indeed.
@Govin singh ffdrfhg चल तो रहा है !! रीटेल क्वाटामे सिर्फ 50 % सबस्क्राइब हुआ है ।उसमें से भी ज्यादातर (more than 60%) अपर प्राइस(1960) के नीचे से लोअर प्राइस पे बीड हुआ है । तो रीटेल क्वोटामे पुरा सबस्क्राइब न होने के बावजूद भी लोअर प्राइस बीड वालों को लोअर प्राइस पर ऐलोट नहीं करते हुए, रीटेल क्वोटामेसे 70% क्वाटा अपर प्राइस पे QIB को एलोट कर दिया गया है !!!
1840.2. arunARUN| Link| Bookmark|
October 19, 2024 11:40:36 AM
IPO Guru (2000+ Posts, 1700+ Likes)
@Tribhovanbhai Barevadiya Do you have any data to support that more than 60% of retail application have been applied at lower than higher price band? Wait for basis of allotment details and realise that you were far off in your statement Yes khela has happened in GMP
While awaiting for listing drama to unfold, I feel that retail investors have missed the train. There was one sided anti- Hyundai IPO trend, ignoring ground realities. Except Hyundai and Kia-all other foreign brands have failed or struggling in India- to name them-Ford, Nissan,Renault, Honda, Toyota, Volkswagen, Skoda, Jeep, MG motors.
If Hyundai promoters are greedy, what about Indian promoters? Are they great philanthropists? All are here to make money, including us- retail investors? Aren't we more greedy ? And guillable too?We Have turned primary market in to a Casino. Just to apply looking at GMP- irrespective of fundamentals and quality of IPO, and sell immediately on listing. Using all availabe demats from Kamwali to peon.