Hyundai's IPO saw a revival in its grey market premium to 5%, indicating positive investor sentiment. Trading at Rs 2,067 in the grey market, the stoc

The IPO price band has been fixed at Rs 1,865-Rs 1,960 per share. The IPO is a pure offer for sale (OFS) and the entire proceeds will go to the promoter.

Hyundai Motor IPO's Grey Market Premium (GMP) is significantly subdued at under 1%. The issue closes on October 17 and all eyes would be on the allotment status once the issue ends.

Shares of Hyundai Motor India are set to begin trading on the Indian stock market on Tuesday, following last week's $3.3 billion IPO subscription process.

A $3.3-billion initial public offering by Hyundai Motor India was fully subscribed on the final day of bidding on Thursday, with domestic banks and mutual funds buying into the country's first automaker to go public in two decades.

Hyundai Motors India IPO Live News - Check Price, GMP, Review, Allotment Details Live: The Hyundai Motor IPO was subscribed 2.37 times overall by the close of bidding on October 17, 2024 (Day 3).

Hyundai Motor India IPO was subscribed 2.37 times on the third and last day of issue with the QIB portion subscribed the highest among the three groups of investors.

Hyundai Motor India’s IPO, subscribed 2.37 times, raised Rs 27,870.16 crore through an offer for sale. QIBs was subscribed 6.97 times, while retail investors showed lower interest. The IPO is priced between Rs 1,

Investors can check the IPO allotment status on the website of Kfin Technologies. (Image: Reuters) Hyundai India IPO closed the issue with a total subscription of 2.37 times. The qualitative institutional investors saved the issue on the last day by subscribing to it almost 7 times.

The IPO of Hyundai Motor India was open for bidding between October 15-17, which offered its shares in the price band of Rs 1,865-1,960 per share with a lot size of 7 shares.