QIBs portion subscribed 6.97 times. Retail individual investors shun issue as subscription lagged at 0.5 times after premium in the gray market nosedived.

As Hyundai Motor India gears up for its upcoming IPO, the grey market premium (GMP) for its shares continues to decline, now at approximately Rs 45. This reflects a marginal 3% premium over the issue price.

The Hyundai Motor India IPO, which opened for subscription on October 15, 2024, is nearing its end today, October 17, with a lukewarm response from investors. Despite Hyundai Motors strong presence in the Indian automobile market,

Hyundai Motor India's Rs 27,870 crore mega IPO is fully subscribed, driven primarily by qualified institutional buyers. Grey market premium slid to 0.71%. Analysts recommend long-term investment due to strong market position and financials.

India’s unregulated gray market is indicating that the excitement around Hyundai Motor India Ltd.’s $3.3 billion initial public offering — poised to be the country’s biggest ever — is cooling.

Hyundai India will start taking orders for its $3.3 billion initial public offering in Mumbai on Monday, the company said in regulatory filings, a deal that will be the country's largest ever share offering and world's second biggest IPO in 2024.

The Hyundai Motor India IPO, which opens for public subscription tomorrow, Tuesday, October 15, 2024, comprises an entire offer for sale of 142,194,700 shares with a face value of Rs 10 apiece. The public issue will be available at a price band of Rs 1,

Hyundai India's IPO opens tomorrow with shares trading at a 3% premium over the issue price in the grey market. The automaker's parent, Hyundai Motor Global, will offload 17% stake. Despite a lower GMP,

Hyundai Motor India Limited has launched its IPO, valued at Rs 27,870.16 crore, consisting of 14.22 crore shares. The subscription of the IPO opens on October 15 and it will close on October 17, with shares listing on October 22.

The Indian unit of South Korean carmaker Hyundai Motor will be selling its shares in the range of ₹1,865-1,960 crore to raise a total of ₹27,856 crore through the IPO.