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Hyundai Motor India IPO

Auto/Passenger Vehicles - Listed on 22 October 2024

-7.2% listing gain
Issue Price (Upper)
Rs 1,960
Listing Price
Rs 1,819.66
Closing Price (NSE)
Rs 1,819.66
Total Subscription
2.37x

Hyundai Motor India IPO listing summary

Hyundai Motor India (Auto/Passenger Vehicles) closed its IPO window in 2024 and listed on NSE and BSE on 22 October 2024 at an upper band issue price of Rs 1960, opening at Rs 1819.66 for a listing gain of -7.2% and closing day one at Rs 1819.66 (-7.2% on closing basis). The IPO was subscribed 2.37x overall - QIB 6.97x, HNI/NII 0.60x, Retail 0.50x. The total issue size was Rs 27,858.75 Cr (Fresh Issue Rs 0 Cr, OFS Rs 27858.75 Cr). IPO GMP data, subscription trends across Day 1 - Day 3 and Nifty performance around the listing window are detailed below.

Listing day performance

Listing Gain (Open)
-7.16%
Listing Gain (Close)
-7.16%
Day Change After Listing
0.00%
Retail Quota
10.0%

Subscription breakdown

Final (Day 3) subscription

Number of times each investor category subscribed by close of Day 3.

QIB6.97x
HNI / NII0.60x
Retail0.50x
Overall2.37x

Day-wise overall subscription

How overall subscription built up across the three-day issue window.

Day 10.18x
Day 20.42x
Day 3 (Final)2.37x

Hyundai Motor India IPO GMP history

Grey market premium (GMP) tracked day-by-day across the IPO window. Absolute GMP is the premium in rupees over the upper issue price; GMP % is that premium as a percent of the issue price.

DayGMP (Rs)GMP %
Day 1Rs 75+20.41%
Day 2Rs 75+15.31%
Day 3Rs 60+7.65%
Day 4Rs 65+2.55%
Day 5Rs 250.00%

GMP Prediction vs IPOGyani AI Prediction

Comparison between market-based GMP prediction and IPOGyani's AI-powered listing gain prediction.

GMP Prediction Range
0.0%-20.4%
IPOGyani AI Prediction
-
Actual Listing Gain
-7.2%

Issue & financials

Issue SizeRs 27,858.75 Cr
Fresh IssueRs 0 Cr
OFSRs 27,858.75 Cr
IPO PE26.28
Peer / Sector PE30.00
PE vs Sector Ratio0.88
Latest EBITDA (Cr)7200.00
Debt / Equity0.00

Market context at listing

How the broader market moved around the Hyundai Motor India IPO window. Helpful for isolating how much of the listing gain came from company fundamentals vs. market tailwind.

Nifty 3D Return-0.14%
Nifty 1W Return-0.20%
Nifty 1M Return-1.43%
Nifty during IPO window+0.03%

Hyundai Motor India IPO - FAQs

What was the listing gain of Hyundai Motor India IPO?

Hyundai Motor India IPO listed at -7.2% versus the upper issue price of Rs 1,960 on 22 October 2024.

How many times was Hyundai Motor India IPO subscribed?

Hyundai Motor India IPO was subscribed 2.37x overall. QIB portion was subscribed 6.97x, HNI / NII 0.60x and Retail 0.50x.

What was the IPO GMP for Hyundai Motor India?

IPO GMP started at Rs 75 on Day 1 and moved to Rs 25 by the close of the issue window. See the day-by-day GMP table above for the full trajectory.

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