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 ā¹1865 to ā¹1960 per share with a face value of ā¹10.
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 ā¹71,302.32 crores in 2024 against ā¹61,436.64 crores in 2023. The company reported a profit of ā¹6,060.04 crores in 2024 against a profit of ā¹4,709.25 crores in 2023.
Hyundai Motor IPO GMP:
Hyundai Motor India IPO GMP was ā¹45 as of Tuesday, October 15. That indicates the IPO is trading at ā¹2005 with ā¹45 premium in the grey market against the issue price of ā¹1960.
