Hyundai Motor IPO GMP Today

Hyundai Motor IPO today gmp is ₹45, last updated Oct 15th 2024. With the price band of 1960.00, Hyundai Motor IPO’s estimated listing price is ₹2020 (cap price + today’s GMP).The expected percentage gain/loss per share is 2.30%.

Hyundai Motor Day-wise GMP 

GMP Date IPO Price GMP Sub2 Sauda Rate Estimated Listing Price Last Updated
15-10-2024 Open 1960.00 ₹45  200/3000 ₹2005 (2.3%) 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 0.08 times. The public issue subscribed 0.14 times in the retail category, 0.00 times in QIB, and 0.06 times in the NII category by October 15, 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 0.00 2,82,83,260 252 0.049
Non-Institutional Buyers 0.06 2,12,12,445 12,41,212 243.278
  bNII (bids above ₹10L) 0.02 1,41,41,630 3,41,383 66.911
  sNII (bids below ₹10L) 0.13 70,70,815 8,99,829 176.366
Retail Investors 0.14 4,94,95,705 67,07,554 1,314.681
Employees 0.34 7,78,400 2,62,227 51.396
Total ** 0.08 9,89,91,410 82,11,245 1,609.404

Total Application : 467,846

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		 0.00 0.06 0.14 0.34 0.08

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:

  1. 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.
  2. Indicative Pricing: Grey market premiums (GMP) provide insights into investor sentiment and demand for an IPO before it officially listed
  3. s. A high GMP indicates strong interest, while a low or negative GMP can suggest weak demand.
  4. 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.
  5. 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.
  6. 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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