Let’s talk about the Biggest IPOs in India and their performance on the listing day. To date, there are 6 IPOs worth 10,000+ crores listed in the stock market. In that 5 IPOs listed with a discount while 1 is listed with a premium.
Biggest IPOs Worth 10000+ Crores
| IPO Name | Size | Listing Date | Price Band | Listing Price | Listing |
| LIC Ltd | ₹21,008 Cr | 17 May 2022 | ₹904 | ₹875 | Discount |
| PayTM Ltd | ₹18,300 Cr | 18 Nov 2021 | ₹2,150 | ₹1,564 | Discount |
| Coal India | ₹15,199 Cr | 4 Nov 2010 | ₹245 | ₹342 | Premium |
| Reliance Power | ₹11,563 Cr | 11 Feb 2008 | ₹450 | ₹372 | Discount |
| GIC Ltd | ₹11,175 Cr | 25 Oct 2017 | ₹912 | ₹870 | Discount |
| SBI Card | ₹10,354 Cr | 16 Mar 2020 | ₹755 | ₹683 | Discount |
Hyundai IPO – Biggest IPO of All Time
As per the IPO Size Hyundai Motor India IPO is going to be the #1 in terms of biggest IPOs of all time to date as a company to raise around ₹27,870.16 crores. The LIC of India raised ₹21,008 crores in 2022. As per the statistics total of 6 IPOs worth 10000+ crore are listed on bourses but 5 IPOs listed in a discount while 1 IPO – Coal India is listed with a premium on the listing day.
Hyundai IPO – Factors to Watch
Hyundai IPO GMP
As per the current trend in the grey market and the unofficial market, the Hyundai IPO GMP traded at the lower rate of Rs. 30 while it was hit a high of Rs. 370 earlier when the IPO dates announced. If the grey market remains lower, will you subscribe to the IPO?
No Fresh Issue
As per the offering, the company is going to raise ₹27,870.16 crores via offer for sale and there will be no fresh issue. That is the major concern for the market movers that all the funds will go to the parent company, promoters, and the existing shareholders.
Dividend Payout
The company’s dividend payout of Rs 15,435.84 crore to the parent company in Seoul, South Korea. This is one of the worries for the investors to look at the dividend payout in coming years after listing.
Auto Industry Demand
As per last quarter’s statistics, passenger vehicle demand declined by 20% compared to last year (automobile industry SIAM).
Hyundai Motor IPO – Brokerage Advise “Apply”
Most of the brokerage houses recommend applying the IPO in the medium-term to long term. Checkout the Brokerage firms list given below:
- IPO Watch – Apply
- Anand Rathi – Apply
- Arihant Capital – Apply
- Bajaj Capital – Apply
- Canara Bank Securities – Apply
- KR Choksey Securities – Apply
- SMIFS Limited – Apply
- Emkay Global –
- Hem Securities –
- IDBI Capital – Apply
- Marwadi Shares – Apply
- Nirmal Bang –
- SBICAP Securities – Apply
- Sharekhan –
- SMC Global –
- Sushil Finance –
- Swastika Investmart –
- Ventura Securities –
- Geojit –
- Reliance Securities –
- Capital Market –
- BP Wealth –
- ICICIdirect – Apply
- Choice Broking –
Hyundai IPO – Should You Subscribe?
As we have seen in the statistics the the biggest IPOs are not performing on the listing day and the same has been expected from the market sources. Still, we are positive about the Hyundai Motor India IPO and recommend the IPO in the medium-term to the long term. The market will remain volatile in the coming weeks but the Diwali and quarter two results will have more impact on the stock market to hit the highs.
The above give details are sourced from the internet and it is for education purposes only. If you have any queries kindly email us on ipowatchinfo (at) gmail (dot) com.
