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Hyundai Motor India IPO Live Updates: Check Hyundai India IPO GMP, allotment, price band and how to check application status online

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Hyundai Motor India IPO Live Updates: Check Hyundai India IPO GMP, allotment, price band and how to check application status online

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Hyundai Motor IPO India Subscription Status Today Live Updates: The Hyundai Motor IPO will be listing on the bourses on October 22. The company’s shares were attracting a premium of almost 4% in the unofficial market against a discount a few days ago. The issue was subscribed 2.37 times overall by the close of bidding on October 17, 2024 (Day 3). In detail, the retail category saw a 0.50-time subscription, the Qualified Institutional Buyers (QIB) segment was subscribed 6.97 times, and the Non-Institutional Investors (NII) category saw a 0.60-time subscription.

The IPO involved a public issue of 141,416,300 equity shares, with 49,495,705 shares allocated to retail investors, 28,283,260 shares to QIBs, and 21,212,445 shares for non-institutional investors.

Also Read Hyundai IPO GMP Allotment status Highlights: Latest information on GMP, allotment, listing, and price band Hyundai IPO 2024 Highlights: Hyundai Motor India IPO GMP falls to less than 1%, issue subscribed 42% on Day-2 Manba Finance IPO 2024 GMP Highlights: Check key details here Waaree Energies IPO GMP soars over 100%: Check issue price, allotment status, listing date and more Live UpdatesHyundai Motors India IPO Live Updates: Check Hyundai IPO Price, GMP, Allotment Status, Reviews Live 13:49 (IST) 21 Oct 2024 Hyundai Motor India IPO Live Updates: Hyundai Motor India IPO Managed by Top Merchant Bankers

Hyundai Motor India is set to launch its IPO, managed by a consortium of leading merchant bankers, including Kotak Mahindra Capital Company, Citigroup Global Markets India, HSBC Securities and Capital Markets (India), JP Morgan India, and Morgan Stanley India. Additionally, KFin Technologies has been appointed as the registrar for the IPO, ensuring a streamlined process for potential investors.

13:22 (IST) 21 Oct 2024 Hyundai Motor India IPO Live Updates: Why is The Hyundai Motor India IPO Important?

Hyundai’s IPO is the first public offering by an Indian automaker in two decades, following Maruti Suzuki’s market debut in 2003. This launch comes at a time when Indian stock markets are hitting record highs, highlighting the increasing trend of companies entering the public market.

12:54 (IST) 21 Oct 2024 Hyundai Motor India IPO Live Updates: Motilal Oswal Gives “Subscribe” Rating to Hyundai India,  » Read More

Next articleFrom Hyundai IPO, Waree Energies to NSDL, KRN Heat Exchanger: 5 most trending IPOs in October so far on Google Trends
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