Hyundai Motor India Limited IPO
Hyundai Motor India Limited was a mainboard IPO in the Passenger Cars & Utility Vehicles sector, offered at ₹1,865–₹1,960 per share to raise ₹27,870 crore. The issue was subscribed 2.37× overall (QIBs 6.97×, NIIs 0.6×, retail 0.5×). It listed on 22 Oct 2024 at ₹1,934 and closed its first day at ₹1,820, a listing loss of -7.2% versus the ₹1,960 issue price. It now trades around ₹1,911 (-2.5% versus the issue price).
Frequently asked questions
- How many times was the Hyundai Motor India Limited IPO subscribed?
- The Hyundai Motor India Limited IPO was subscribed 2.37× overall — 6.97× in the QIB category, 0.6× among non-institutional investors, 0.5× in retail.
- What were the Hyundai Motor India Limited IPO listing gains?
- Hyundai Motor India Limited listed on 22 Oct 2024 at ₹1,934, closing its first day at ₹1,820 — a listing loss of -7.2% versus the ₹1,960 issue price.
- What were the retail allotment odds for the Hyundai Motor India Limited IPO?
- Retail was subscribed 0.5×, so a single-lot application had roughly a 100% chance of allotment — most applicants were allotted, and allotment was finalised on 18 Oct 2024.
- What was the price band and lot size of the Hyundai Motor India Limited IPO?
- The price band was ₹1,865–₹1,960 per share, with a minimum lot of 7 shares (₹13,720 at the upper band).
- Who were the registrar and lead manager for the Hyundai Motor India Limited IPO?
- Kfin Technologies Limited was the registrar, and Kotak Mahindra Capital was the book-running lead manager.