5 hours Ago By Pawan Kumar
New Delhi: Following a three-day subscription period, the allotment for the Hyundai Motor India IPO is expected to be finalized today. The public offering, whose subscription window was open from October 15 to October 17, was fully subscribed on the last date, October 17. If you want to check the allotment status, here is the direct link to do so.
Hyundai Motor India IPO Allotment: How To Check It Online?Investors can check the allotment status online in multiple ways. They can do it via the official websites of the BSE, NSE, or Kfin Technologies, the IPO’s registrar. Hyundai Motor India IPO: Direct Link To Check Allotment StatusHere are the direct links to check the status: - Investors can check the allotment on BSE by clicking here.
- The direct link to check the Hyundai Motor India IPO allotment status on NSE is https://www.nseindia.com/products/dynaContent/equities/ipos/ipo_login.
jsp - If you want to check the allotment status on Kfin Technologies, the direct link is https://ipostatus.kfintech.com/ Hyundai Motor India IPO: What Is Latest GMP?As per the market observers, the grey market premium, or GMP in short has turned negative today.
According to Business Standard, it is 2 in negative. The unlisted shares of Hyundai Motor India Limited public offering are trading at a discount of Rs 30 from the upper price band, which was Rs 1960. Hyundai Motor India IPO: Category-Wise SubscriptionFor the unversed, the IPO received bids for 23.
63 crore shares, against the 9.97 crore shares offered. The issue has been oversubscribed by 2.
37 times. As per the provisional BSE data, here's the breakdown of how different investor categories have responded to the public offering. Qualified Institutional Buyers (QIBs): 6.
97 times subscribed Non-Institutional Investors (NIIs): 0.60 times subscribed Retail Investors: 0.50 times subscribed Employee Quota: 1.
74 times subscribed About Hyundai Motor IndiaHyundai Motor India is the leg of the South Korean automaker Hyundai Motor Group. The group is the third-largest automaker globally in terms of passenger vehicle sales. It has been the second-largest player in the Indian passenger vehicle market since 2009.
The company’s portfolio includes 13 models, covering sedans, hatchbacks, SUVs, and electric vehicles. Hyundai has also been India’s largest exporter of passenger vehicles since 2005. As of March 2024, the company has sold nearly 12 million vehicles in the domestic and export markets.
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