Who is the lead manager for the Hyundai Motor IPO?

1] Kotak Mahindra Capital Company Limited 2] Citigroup Global Markets India Private Limited 3] HSBC Securities & Capital Markets Pvt Ltd 4] J.P. Morgan India Private Limited 5] Morgan Stanley India Company Pvt Ltd These five firms are the book-running lead managers for the Hyundai Motor IPO, handling the IPO process, pricing, underwriting, and ensuring its smooth execution.

Who is the registrar for Hyundai Motor IPO?

The registrar for the Hyundai Motor IPO is Kfin Technologies Limited a reputable firm known for its expertise in managing initial public offerings and providing strategic financial advisory services.

What is the Grey Market Premium (GMP) for Hyundai Motor IPO today?

As of October 7, 2024, the Grey Market Premium (GMP) for Hyundai Motor IPO stands at ₹289. This premium reflects the current investor sentiment for the IPO in the grey market, which is an unofficial trading market before the stock gets listed.

How does Grey Market Premium (GMP) affect the Hyundai Motor IPO listing price?

A positive GMP, like ₹289 for Hyundai Motor IPO, indicates strong demand and suggests that the IPO may list at a price higher than the issue price. However, the grey market is unofficial and volatile, so it is essential not to rely solely on GMP for making investment decisions.

What does IPO subscription status mean for Hyundai Motor IPO?

The subscription status represents how much interest there is in Hyundai Motor IPO from investors. It shows how many shares have been applied for in comparison to the number of shares available. As of now, the subscription status is unavailable, but once it’s updated, it will help investors gauge market demand.

Is investing in Hyundai Motor IPO based on GMP safe?

Investing based solely on GMP can be risky because the grey market operates without regulation, making it prone to price manipulation. While GMP provides insight into market sentiment, it’s crucial to consider other factors, like company fundamentals, financial performance, and expert advice, before making an investment decision in Hyundai Motor IPO.

Hyundai Motor IPO GMP Today & Subscription Status

Hyundai Motor IPO GMP Today

Hyundai Motor IPO today gmp is ₹17, last updated Oct 15th 2024. With the price band of 1960.00, Hyundai Motor IPO’s estimated listing price is ₹1977 (cap price + today’s GMP).The expected percentage gain/loss per share is 0.87%.

Hyundai Motor Day-wise GMP

GMP Date	IPO Price	GMP	Sub2 Sauda Rate	Estimated Listing Price	Last Updated
17-10-2024 Close	1960.00	₹17	100/1500	₹1977 (0.87%)	17-Oct-2024
16-10-2024	1960.00	₹17	100/1500	₹1977 (0.87%)	16-Oct-2024
15-10-2024 Open	1960.00	₹63	300/4500	₹2023 (3.21%)	15-Oct-2024
14-10-2024	1960.00	₹45	200/3000	₹2005 (2.3%)	14-Oct-2024
13-10-2024	1960.00	₹65	300/4500	₹2025 (3.32%)	13-Oct-2024
11-10-2024	1960.00	₹75	400/6000	₹2035 (3.83%)	11-Oct-2024
10-10-2024	1960.00	₹132	700/10500	₹2092 (6.73%)	10-Oct-2024
09-10-2024	1960.00	₹175	900/13500	₹2135 (8.93%)	9-Oct-2024
08-10-2024	1960.00	₹147	800/12000	₹2107 (7.5%)	8-Oct-2024
07-10-2024	NA	₹270	—	₹270 (%)	7-Oct-2024
06-10-2024	NA	₹289	—	₹289 (%)	6-Oct-2024
05-10-2024	NA	₹270	—	₹270 (%)	5-Oct-2024
04-10-2024	NA	₹365	—	₹365 (%)	4-Oct-2024
03-10-2024	NA	₹360	—	₹360 (%)	3-Oct-2024
02-10-2024	NA	₹370	—	₹370 (%)	2-Oct-2024
01-10-2024	NA	₹363	—	₹363 (%)	1-Oct-2024
30-09-2024	NA	₹380	—	₹380 (%)	30-Sep-2024
29-09-2024	NA	₹385	—	₹385 (%)	29-Sep-2024
28-09-2024	NA	₹500	—	₹500 (%)	28-Sep-2024
27-09-2024	NA	₹570	—	₹570 (%)	27-Sep-2024
26-09-2024		₹0	—	₹ (0%)	26-Sep-2024

Hyundai Motor IPO Subscription Status

Hyundai Motor IPO subscribed 0.43 times. The public issue subscribed 0.40 times in the retail category, 0.58 times in QIB, and 0.28 times in the NII category by October 17, 2024.

Investor Category	Subscription (times)	Shares Offered*	Shares bid for	Total Amount (Rs Cr.)*
Anchor Investors	1	4,24,24,890	4,24,24,890	8,315.278
Qualified Institutions	0.58	2,82,83,260	1,63,55,262	3,205.631
Non-Institutional Buyers	0.28	2,12,12,445	58,36,166	1,143.889
bNII (bids above ₹10L)	0.20	1,41,41,630	28,00,798	548.956
sNII (bids below ₹10L)	0.43	70,70,815	30,35,368	594.932
Retail Investors	0.40	4,94,95,705	1,99,46,297	3,909.474
Employees	1.40	7,78,400	10,93,610	214.348
Total **	0.43	9,97,69,810	4,32,31,335	8,473.342

Total Application : 1,612,624

Note:

*: “Shares Offered” and “Total Amount” are calculated based on the upper price of the issue price range.
**: The portion of anchor investors (or market makers) is not included in the total number of shares offered.
Hyundai Motor IPO Subscription Details (times)

Date	QIB	NII	Retail	EMP	Total
Day 1 Oct 15, 2024	0.05	0.13	0.27	0.81	0.18
Day 2 Oct 16, 2024	0.58	0.26	0.38	1.31	0.42
Day 3 Oct 17, 2024	0.58	0.28	0.40	1.40	0.43

What is IPO GMP?

The grey market premium (GMP) indicates the unofficial trading price of an IPO before its listing and provides insights into potential market performance. A positive GMP suggests that the IPO of Hyundai Motor IPO may yield profits, while a negative GMP signals a possible discount at listing. However, it’s crucial to understand that IPO GMP can be highly volatile. Therefore, investors should not base their decisions solely on Hyundai Motor IPO GMP but should carefully evaluate all relevant factors before investing. Important Points to Consider About the Grey Market.

Here are five important points to consider about the grey market for IPOs:

Unregulated Trading: The grey market operates outside official stock exchanges, meaning it is unregulated. This lack of oversight can lead to increased risks, including price manipulation and lack of transparency.
Indicative Pricing: Grey market premiums (GMP) provide insights into investor sentiment and demand for an IPO before it officially listed
s. A high GMP indicates strong interest, while a low or negative GMP can suggest weak demand.
Liquidity and Volatility: Trading in the grey market can be more liquid and volatile compared to the formal market. Prices may fluctuate significantly based on speculative trading, leading to potential gains or losses for investors.
Impact on Subscription Decisions: Investors often consider grey market trends when deciding whether to subscribe to an IPO. A favorable GMP can encourage more participation, while an unfavorable premium may deter investors.
Risks of Loss: Investing based on grey market signals can be risky. Since the grey market is unofficial, there’s no guarantee that the prices will reflect actual market conditions once the shares are listed, potentially leading to losses if expectations aren’t met.

What is the Subscription Status?

Subscription status refers to the current level of interest and investors’ participation in an Initial Public Offering (IPO). It indicates how many shares have been applied for compared to the total number of shares available for subscription. Subscription status is typically reported in terms of the number of times the issue has been oversubscribed, which can be expressed as a ratio. A high subscription status often reflects strong demand for the IPO, while low subscription levels may signal weaker interest. Investors closely monitor subscription status to gauge market sentiment and the potential performance of the IPO once it is listed on the stock exchange.

Read More About Hyundai Motor IPO

Disclaimer: Investing in Initial Public Offerings (IPOs) involves substantial risk, and financial returns are not guaranteed. The information provided should not be construed as financial or investment advice. Prospective investors are advised to consider their economic situation, investment objectives, and risk tolerance before participating in an IPO. It is recommended to consult with a qualified financial advisor or professional before making any investment decisions. Past performance is not indicative of future results. Investments in IPOs may be subject to market risk, including the potential loss of principal.

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