Hyundai Motor IPO subscription started on Tuesday, October 15, and will close on October 17 as per the schedule. The price band is set at ₹1865 to ₹1960 per share with a face value of ₹10.
Hyundai Motor IPO Subscription Status
Hyundai Motor India IPO Subscribed over 0.42X on its second day till 5.00 PM on 16th October.
- Hyundai Motor IPO subscription QIB investors portion is 0.58X while NII subscribed 0.26 times and RII investors have subscribed 0.38 times.
- The company has received bids for 4,17,75,489 shares against 9,89,91,410 shares on offer on the second day.
- Hyundai Motor IPO Subscribed over 0.42x on day 2.
- Hyundai Motor IPO Subscribed over 0.18x on day 1.
About Hyundai Motor IPO
Hyundai Motor India is a part of the Hyundai Motor Group, the third largest auto original equipment manufacturer (OEM) in the world based on passenger vehicle sales in CY2023, according to the CRISIL Report. They have been the second largest auto OEM in the Indian passenger vehicles market since Fiscal 2009.This is demonstrated in their portfolio of 13 models across multiple passenger vehicle segments by body types such as sedans, hatchbacks, sports-utility vehicles (SUVs), and battery electric vehicles (EVs).
Hyundai Motor IPO Company Financial Report
The company reported revenue of ₹71,302.32 crores in 2024 against ₹61,436.64 crores in 2023. The company reported a profit of ₹6,060.04 crores in 2024 against a profit of ₹4,709.25 crores in 2023.
Hyundai Motor IPO GMP:
Hyundai Motor India IPO GMP was ₹45 as of Tuesday, October 15. That indicates the IPO is trading at ₹2005 with ₹45 premium in the grey market against the issue price of ₹1960.
