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?
1812.1. Rolta| Link| Bookmark|
October 19, 2024 8:10:01 AM
Top Contributor (500+ Posts, 100+ Likes)
Sir yeaha members 10 % listing profit ke hope me hai...mehnat kiya hai is cg group me...kyo unki mehanat pe pani pher rahe hoo...confirm hai ke issue cancel ❌ hai?
Is the allotment out? No mesaage from the exchangea received regarding my applications bid @cut off price. No apparent bank debit either. Should I assume that like always, I have not been allotted even here in an undersubscribed issue?
@Authentic Yes you understood it right. I applied for my father and two sons from my bank's UPI ID.
1809.11. arunARUN| Link| Bookmark|
October 19, 2024 11:00:48 PM
IPO Guru (2000+ Posts, 1700+ Likes)
You are allowed upto 5 applications with common bank a/c is my understanding
1808. Agrawal S| Link| Bookmark|
October 19, 2024 2:49:36 AM
IPO Mentor (1200+ Posts, 400 Likes)
Debit started @1960
1808.1. Chhote Lal| Link| Bookmark|
October 19, 2024 6:14:25 AM
IPO Mentor (6200+ Posts, 4700+ Likes)
@Agrawal S Yes, final price for allotment remains 1960. Some fake messages were circulated in social media network as if lower band price has been fixed for allotment. Kfin is late this time. Anyways, congratulations and best wishes to all allottees 🍀
@Chhote Lal Ji, yes that lower PB had very little credibility and the GMP turnaround gave more fire to it. Lets c what is in store on Tuesdays. Got all lots that were applied, best of luck to you too 🤘🤟🙏
1807. COMMONMAN| Link| Bookmark|
October 19, 2024 1:23:56 AM
Top Contributor (300+ Posts, 200+ Likes)
Sorry Sir for doubt. Just got message of money deduction.
Regards
1806. Anil Mwt| Link| Bookmark|
October 19, 2024 2:23:52 AM
Top Contributor (400+ Posts, 100+ Likes)
Hyundai Motor submits PFR to take up modernisation of Tamil Nadu plant at a cost of Rs 1,500 crore. Where are those fake influencers saying that money is going to Korea after IPO and made the negative sentiments.😅
1806.1. MuStrFc| Link| Bookmark|
October 19, 2024 2:39:21 AM
IPO Guru (3100+ Posts, 2400+ Likes)
Its part of their already discussed capex of 32K Cr. Expected to be completed over 4 years and more. @Anil Mwt
1806.2. Chhote Lal| Link| Bookmark|
October 19, 2024 6:18:43 AM
IPO Mentor (6200+ Posts, 4700+ Likes)
That 32K Cr investment was indicated in next about 9 years. This was published by a leading media group : Hyundai Motor India Ltd (HMIL), which is set to debut on Indian stock exchanges on October 22, has allocated Rs 32,000 crore for its expansion in India between 2023 and 2032,
Why people saying allotment out still registar not show allotment
1801.1. Chhote Lal| Link| Bookmark|
October 19, 2024 6:10:04 AM
IPO Mentor (6200+ Posts, 4700+ Likes)
@As possible give true information It is common practice. Majority of time, debit messages from respective bank of exchange gets communicated to allottees even though RTA publishes the outcome in portal later.