Today's market, opening very disappointing. Gap of about 500 pts negative. But after such a high, some cooling was expected before Budget. Not a regular but Budget expectations are always there. Yesterday's market savers are today's looser. These are PSUs and IT Sector as a whole. HDFC Bank again a looser today. Some Banks are positive also. LTI Mindtree is a big looser. Sensex recovered a lot from its down at present. Difficult to predict closing. Still a doubt of down trend is there. Third day in continuation on looser stream. Be careful. Listing of Medi very difficult to think.
@SONMAYA Why sorry? Mene kisi skip karne k liye bola nahi hai apna view likha hai Yaha pe sab apna view rakhte to mene bhi Or me kisi ki bat ko seriously nahi leta hu Jab Tak use janta nahi Never regret my decision financial or social
317.1. IPO smart| Link| Bookmark|
January 17, 2024 7:00:45 PM
Top Contributor (400+ Posts, 100+ Likes)
Frustration of non-allotment, applied 2 BHNI+4 SHNI+1 Retail. Disclosure : I never got allotment in either BHNI or SHNI till date. Hoping to breaks the strike of non-allotment in either SHNI or BHNI in this IPO.🙏🙏
317.2. Basuvr| Link| Bookmark|
January 17, 2024 7:17:07 PM
IPO Guru (2000+ Posts, 1100+ Likes)
@IPO smart Yes, and hope for some positive listing
317.3. arunARUN| Link| Bookmark|
January 17, 2024 7:23:47 PM
IPO Guru (2000+ Posts, 1700+ Likes)
This time you will certainly get bHNI application allotment
@arunARUN Sir, what are your views on this company?? Will it surprise positively on listing??Always read your short but straight views.
Jai Jinendra.....Ipo bharo aur bharne Do....
317.5. arunARUN| Link| Bookmark|
January 17, 2024 8:30:02 PM
IPO Guru (2000+ Posts, 1700+ Likes)
I don't see too high premium.. Max 6 8 percent as company is not understood widely Beside listing on 22nd is clouded by Ayodhya events. SO mood will be different. Many people may not focus on market that day
@Ankur Goel Can you apply MINOR IPO using netbanking at HDFC BANK ? I have take physical forms from broker and submit at HDFC Bank for my twins. Bank employee says Netbanking for minors is not possible.
Off topic The whole market was blood bath today, because of HDFC Bank. As per results i am not finding any negative thing (expect 2-3). What has drived HDFC Bank today? At what levels would be a buying opportunity. Thank you @newgen consultancy@PKRAJ@NextBigBull And others
If your only aim in life is perfection then you'll never hit target 🎯.
Big players need a Rai, and they make either a Pahaad or Talaab out of it to either book profit or to make fresh entry. They want to earn by making weak hands lose their holding. And the main questions do round my mind in such times is: Are all the big players have a nexus in doing such operation? If no then this kind of all will not happen. Here comes the insider input based trading which gives enormous gain.
Market will rebound, I was also in the selling boat in such cases earlier, but understood later that these are tricks and helpful only for big traders trading huge volume. We small investors need to go long to earn handsome on our limited investment.
@CB☺ Correctly said that weak hands lose money and when no one dares to buy then .ake the share rocket. Could this work in hdfc bank. Still adr down 8% Tomorrow another 2000 points down or wot?
If your only aim in life is perfection then you'll never hit target 🎯.
314. Sharvam| Link| Bookmark|
January 17, 2024 11:06:52 PM
IPO Guru (1300+ Posts, 800+ Likes)
Historic selling by FII in HDFC bank, FII net seller 10578 cr. They have offloaded HDFC in a big way This might be the record selling in a single script.
314.1. whiteFox| Link| Bookmark|
January 18, 2024 8:53:41 AM
IPO Mentor (600+ Posts, 200+ Likes)
Yes this impact the mutual fund industry the most
314.2. Smile✍️| Link| Bookmark|
January 18, 2024 10:23:50 AM
IPO Guru (1800+ Posts, 1100+ Likes)
Yes @whiteFox In many mutual funds HDFC Bank is in top ten holdings. Watching that I also added it in my portfolio. Now in loss but will not sell it. I am shifting this in family friends account to be eligible for SH quota in upcoming IPOs of group. By the way look at following red, big Indian sale is not on Amazon and Flipkart, it's here. For long term view picking them
Hello everyone Sorry for off topic message Is this a good time to take fresh entry in hdfc? Also is there any secondary market forum? i am not able to find it.
If you don't know, then you should avoid it :-) As risk appetite may be different for you and others, so don't take any guidance. (Specially in secondary market)
312.2. Saney| Link| Bookmark|
January 17, 2024 9:34:26 PM
Top Contributor (400+ Posts, 100+ Likes)
Avoid
312.3. KarmaTheLord| Link| Bookmark|
January 17, 2024 9:47:03 PM
Top Contributor (200+ Posts, 100+ Likes)
One day the elephant RIL will be beaten like HDFC.
If Stock market would had blessings of Lord Ram , then nobody would have been scammed / trapped. We let our fate be controlled by market while the Market itself is run and controlled by individuals .
Lord RAM also scammed/trapped by RAWAN and KAIKAI but ultimately truth came over more shining 🌟 and more power
market or relationship -Truth prevails- It's all about mind vs imotionUse brain (mind) Never got trapped Act on imotion Easily scammed/trapped 🙏 Jay shree ram 🙏
310.6. rohiitian| Link| Bookmark|
January 17, 2024 2:37:53 PM
IPO Guru (1200+ Posts, 800+ Likes)
Yes not working. Unable to apply BHNI applications
310.7. DuckkyDuck| Link| Bookmark|
January 17, 2024 2:57:42 PM
Top Contributor (200+ Posts, 200+ Likes)
Yes ICICI asba not worked for me. So applied thru ICICIDirect login. Even if i get allotment it will be loss for me because of high icicidirect brokerage. I apply via ICICI ASBA giving zerodha demat to save brokerage. But for this it will be ICICI direct demat so have to pay huge brokerage.
310.8. rohiitian| Link| Bookmark|
January 17, 2024 2:58:09 PM
IPO Guru (1200+ Posts, 800+ Likes)
All my accounts are with ICICI except one with HDFC. Have applied 1 BHNI from that - was planning to apply for 5x BHNI. ICICI needs to compensate us for this.
310.10. sree vas| Link| Bookmark|
January 17, 2024 3:10:45 PM
Top Contributor (500+ Posts, 100+ Likes)
20 failed login attempts ICICI ASBA
310.11. Anshujii| Link| Bookmark|
January 17, 2024 3:10:47 PM
Top Contributor (700+ Posts, 100+ Likes)
Icici not working...now how to apply bhni ? UPI se to max 5 lakh hi ho sakta hai
310.12. AryanRaj| Link| Bookmark|
January 17, 2024 3:14:30 PM
Top Contributor (600+ Posts, 100+ Likes)
Just refresh icici asba page, it works. No need to login or go back to investment page.
310.13. rohiitian| Link| Bookmark|
January 17, 2024 3:19:20 PM
IPO Guru (1200+ Posts, 800+ Likes)
@AryanRaj normally that works, but today it's showing the error screen at the last page (when you hit the final Confirm button). The order is not getting placed.
@rohiitian , it is frustrating to miss out on application due to technical glitches at the bank's end. Used to happen very frequently in the past with Axis Bank. On a lighter note, if this IPO lists in discount would you pay compensation to ICICI bank for not letting you apply in this one 😉
I was extra annoyed because I finally got my 2 minor accounts up and running, and was keen to apply from all 5 accounts. Instead couldn't even apply from my own. Chalo onto the next one
310.20. MuStrFc| Link| Bookmark|
January 17, 2024 10:34:44 PM
IPO Guru (3000+ Posts, 2400+ Likes)
What worked for me was logging in to net banking and from there applying via using investment tab which leads to IPO page (indirect ICICIDirect Access). Might help others in future, just for reference.
310.21. rohiitian| Link| Bookmark|
January 18, 2024 10:39:24 PM
IPO Guru (1200+ Posts, 800+ Likes)
Today's fall of 1,628 points or -2.23% in Sensex led to worry in Share Market. Remaining two days are very important for investors. Today's fall has following main reasons : 1. HDFC Bank's Earnings. Mixed Q 3 results led to a down trend in Bank shares. 2. Global sentiments. Asian markets fall with China's GDP miss influencing regional sentiment. 3. Hawkish Federal Reserve. US Fed's interest rate stance spurd cautious global investor sentiment. 4. China's Economic Data. Lower than expected GDP and high youth unemployment in China 5. Financial Indicators. Dollar strength and US bond yield rise are some of the reasons as per available sources. Let's hope for better tomorrow.
309.2. Rakcyt| Link| Bookmark|
January 17, 2024 10:32:06 PM
IPO Guru (1300+ Posts, 1300+ Likes)
This time to focus on remaining 10 days for budget to GO. Despite heavy shake up Railways , Defense and Fertilizers did well in anticipation of favourable factors in interim budget ....banks have become much riskier and one should stay away . Selective picks like BLS, PCBL and so on which fared well are awarded and should be picked up if they don't fall in grave downward The suggestion are based on what I implemented as mid to long term . The main theme for 24 and beyond is going to be Renewable energy reforms .
No advise for buy but my personal views based on what I did .
308.1. Saney| Link| Bookmark|
January 17, 2024 9:03:48 PM
Top Contributor (400+ Posts, 100+ Likes)
Any specific reason for your comment? I have applied too so I wish your statement is true…
307. Earthking| Link| Bookmark|
January 17, 2024 3:10:09 PM
IPO Guru (1300+ Posts, 500+ Likes)
missed a true oppurtunity in one of my sHNI application .... instead of my relatives account number, I, in a hurry burry applied with my demat number (in HDFC netbanking) .... checked with all options ... no use now i guess.. Now my question is will my application is valid , i know my relative application is invalid but what about my application same dp id and demat id ????
@Earthking i think your application will be valid but your second application will be rejected.
307.2. Earthking| Link| Bookmark|
January 17, 2024 7:57:55 PM
IPO Guru (1300+ Posts, 500+ Likes)
Thank you @Ajaysinh Jadeja ... I also expected that way only ...
307.3. Smile✍️| Link| Bookmark|
January 17, 2024 8:03:26 PM
IPO Guru (1800+ Posts, 1100+ Likes)
@Earthking One pan one application so if you applied of ur own then ur for relative with ur Id then both will will be invalid. If only one application and in place of relative by mistake input is ur Id then valid
307.4. Rakcyt| Link| Bookmark|
January 17, 2024 8:17:38 PM
IPO Guru (1300+ Posts, 1300+ Likes)
Both get rejected in case of same PAN or demat I'd
@Rakcyt In Earthking case there are 2 application with different pan but one demat id so application with all the details match will be valid and in other application where demat id and pan number will mismatched will be rejected.
307.6. Rakcyt| Link| Bookmark|
January 17, 2024 8:48:39 PM
IPO Guru (1300+ Posts, 1300+ Likes)
@Ajaysinh Jadeja Oh ok. In such a scenario the one with unmatched PAN/demat should get rejected on technical ground and other may remain valid logically.
307.7. Earthking| Link| Bookmark|
January 18, 2024 11:05:25 PM
IPO Guru (1300+ Posts, 500+ Likes)
Here comes the twist ... in both the application under Linkintime site , my name was reflecting and both are not alloted ... even when i checked with my relatives PAN , it is showing my name only ... need to wait for mail for anymore detailed reason ... one big learning is becoz of one wrong entry ,made two application invalid ...
P.S : luckily got good amount of allotment in rest of accounts ... hope for good listing ...
307.8. AryanRaj| Link| Bookmark|
January 18, 2024 11:15:30 PM
Top Contributor (600+ Posts, 100+ Likes)
@Earthking Nothing new. This has being going since long.
307.9. CASuraj| Link| Bookmark|
January 18, 2024 11:43:05 PM
Top Contributor (300+ Posts, 100+ Likes)
Similar thing happened with me, missed 1 sHNI since it was 3:02 pm and another relative one he forgot to apply before 3:50.
But happy with what I got, hoping for good listing
Off Topic is there a way/trick about by which we can get corporate announcements on the bse website earlier than they are published using coding ( i.e. using 'inspect element' or 'view page source') or any other google extensions?
306.1. UjwalG| Link| Bookmark|
January 17, 2024 8:48:14 PM
IPO Guru (1300+ Posts, 600+ Likes)
I get that you want to trade on news, but such things doesn't exist and will never will. So focus on medium term/long term
Guru ji aap late kyo batate ho, pahle bolte to me 4 retail ki bajay,4-Shni laga ta,aap ke bolne se mene Rbz me shni category me Paisa double kiya,aap ko dhanyavad
305.3. Rakcyt| Link| Bookmark|
January 17, 2024 8:20:17 PM
IPO Guru (1300+ Posts, 1300+ Likes)
@newgen consultancy That's gr8 news ...followed your advice in letter and spirit. Let's see the drama unfold on listing day . Will wait for your listing strategy
Can we apply Rs. 2,10,000 (S-HNI) application through UPI ? Or is it possible through ASBA online banking ?
Expert advise please.
304.1. UjwalG| Link| Bookmark|
January 17, 2024 8:15:43 PM
IPO Guru (1300+ Posts, 600+ Likes)
Upi has limit of 5lk so yes you can apply. But better would be asba, it gets unblock fast
304.2. Saney| Link| Bookmark|
January 17, 2024 8:16:43 PM
Top Contributor (400+ Posts, 100+ Likes)
I am not an expert but since no one has responded I am trying to help…
Answer to your question is yes… we can apply for Small HNI via UPI but for Big HNI you can only apply through ASBA.
303. Seth.| Link| Bookmark|
January 17, 2024 8:15:20 PM
IPO Guru (1200+ Posts, 600+ Likes)
I think many misinformation and doubt are spreading about medi assist.
PE is only 31.8 based on HY annualized earnings and company shown very healthy Revenue as well as Profit growth
Some are saying 40 or 45 PE is wrong Based on FY 23 it's also 38 but it's not latest so 31.8 is correct value which is cheap.
📌Company is totally Debt free 📌Business model is asset light 📌 Insurance sector have huge potential to grow in our country 📌 Free Cash flow of 102 cr if any need to expand in future 📌 Huge market share in TPA 📌 Anchor list is very good
There are strong and good positives So IPO is worthy bet like Dreamfolks , mankind , Medanta , Inox India as those are also full OFS and listed very well.
Valuation is not high and same pace growth willl further reduce valuation to cheaper side.
Listing is dependent on market sentiments but company is no doubt better than many other loss making companies. Still Take decision on your own🙏
Can be, I have reentered IPO markets after long. So this is very new for me, the retail subscription is very low in ratio to other categories (compared to at least last 4 months IPO data I can recall of)
301.3. Sharvam| Link| Bookmark|
January 17, 2024 7:22:39 PM
IPO Guru (1300+ Posts, 800+ Likes)
This Ipo is far far better than Jyoti Cnc, but retail participation was 27x in Jyoti whereas here a profitable company gets 3x subscription. I think low GMP prevented RII from applying. DISC. :: Applied 3 BHNI & 2 SHNI.