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Hyundai share price Today IPO Listing 2024 Live Updates: Hyundai Motor India makes discounted debut

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Hyundai share price Today IPO Listing 2024 Live Updates: Hyundai Motor India makes discounted debut

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Hyundai IPO 2024 Live Updates: India’s largest-ever IPO yet, made its D-Street debut on October 18. The stock was listed at a discount of 1.3% on National Stock Exchange while it debuted on BSE at Rs 1,431, a discount of 1.48% to the issue price. 

Hyundai Motor India was subscribed to a total of 2.37 times, driven primarily by qualitative institutional buyers. However, the retail and non-institutional segments didn’t show much interest. The retailers booked the issue 0.5 times while the NIIs subscribed to it 0.6 times.

Also Read Waaree Energies IPO 2024 Live Updates GMP: Check latest GMP, Price Band, Allotment Date, Listing & More Hyundai Motor India lists at 1.3% discount Hyundai Motor India makes disappointing debut, lists at 1.3% discount on NSE Hyundai Motor India IPO Highlights: Check Hyundai India IPO GMP, allotment, price band and how to check application status online Live UpdatesHyundai share price Today IPO Listing 2024 Live Updates: Hyundai India shares fell 2.27%  15:01 (IST) 22 Oct 2024 Hyundai Motor India Share Price Live: Expert’s view on Hyundai IPO post listing

“Considering the large size of the IPO, Hyundai Motors India listing close to the IPO price, with no listing gains, is not a surprise. We like the company fundamentals with a medium to long-term perspective, owing to its favourable product mix, superior return ratios and growth potential in the export market which is supported by ongoing expansion plans. The launch of Creta EV in Q4FY25E is now a key event to track in the near term,” said Mrunmayee Jogalekar, Auto Research Analyst with Asit C Mehta Investment Intermediates.

14:18 (IST) 22 Oct 2024 Hyundai Motor India Share Price Live: Hyundai Moto India share price falls 6%

Shares of Hyundai Motor India are available at a discount of 6% on NSE. The stock fell to an intra-day low of Rs 1,840 after listing on the bourses at a price of Rs 1,934 on NSE) and Rs 1,931 on BSE.

13:40 (IST) 22 Oct 2024 Hyundai Motor India Share Price Live: Master Capital Services on Hyundai IPO

“It is anticipated that with an improved market share in key segments due to a favourable product mix,

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