Hyundai IPO GMP Allotment status Live Updates: Check latest GMP, allotment, listing, price band

Go to Live Updates Hyundai Motor IPO India Subscription Status Live: Hyundai Motor India’s public issue has been subscribed 42% thus far with the company receiving bids for 41.7 million shares out of the 99.8 million on offer. The retail investor portion is subscribed 38% so far, while non-institutional investors (NIIs) segment has seen 26% subscription. These two investor categories account for 50% of the IPO. Meanwhile, the Qualified Institutional Buyers (QIB) portion has seen 58% subscription at the end of the second day, with institutional investors bidding for 16.3 million shares against the 28.3 million available. Live Updates 11:54 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Auto Industry in worry In Q2 FY25, the total passenger vehicle sales declined by almost 20% on year compared to a year ago in the same quarter, according to the data presented by the automobile industry SIAM. “Passenger Vehicles and Commercial Vehicles posted some degrowth in Q2 of FY25 compared to FY24. Heavy rainfall in key states and almost the entire ‘Shradh’ period falling in the month of September, did impact the sales numbers of some of the segments,” said Shailesh Chandra, President of SIAM. 11:39 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Two group entities work in same business line The overlapping business activities of Kia Corporation and Kia India Private Limited, which are part of the same group, may lead to potential conflicts of interest that could negatively affect Hyundai Motor India. 11:24 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Hyundai IPO valuation Hyundai is asking for a price-to-earnings (PE) valuation of 26x FY25 earnings, while Maruti Suzuki is trading at a PE of 22x its FY25 earnings. This PE ratio is also above the industry average of 24.41x and significantly higher than its parent company Hyundai Motor Global’s PE of 5x. 11:09 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Geojit Financial services on Hyundai India IPO "Hyundai’s impressive financial performance and premium product mix, especially in the SUV segment, could alter the competitive landscape in the listed space. This could force other automakers to innovate and improve their offerings to build investors’ confidence. Investors might reallocate their portfolios based on Hyundai’s perceived growth potential and valuation, which could put downward pressure on its competitors' share price," said Saji John, Senior Research analyst at Geojit Financial Services. 10:55 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Financial Performance Overview of Hyundai Motor India As of June 30, 2024, the financials show total assets of Rs 25,370.24 million and revenue of Rs 17,567.98 million. The company reported a profit after tax of Rs 1,489.65 million, with a net worth of Rs 12,148.71 million. Reserves and surplus stand at Rs 11,336.17 million, while total borrowing remains low at Rs 758.14 million. 10:36 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Hyundai Motor India IPO subscribed 0.43 times As of 10:09 AM on October 17, 2024, Hyundai Motor India's IPO has been subscribed 0.43 times. The Qualified Institutional Buyer (QIB) portion is subscribed 0.58 times, the Non-Institutional Investor (NII) portion 0.27 times, and the retail investor portion 0.40 times. Shares reserved for employees are subscribed 1.38 times. The issue closes today. 10:22 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Hyundai Motor India IPO Pricing and Share Structure The Hyundai Motor IPO is priced between Rs 1,865 and Rs 1,960 per share, with a face value of Rs 10. The implied market capitalization is around Rs 1,592,580 million. Retail investors can bid with a minimum lot size of 7 shares. The IPO opens on October 15, 2024, and closes on October 17, 2024. The total number of shares, 812,541,100, remains unchanged post-issue. 10:00 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Book runners of Hyundai IPO Kotak Mahindra Capital Company is the lead book manager of the issue along with four other investment banking firms: Citigroup Global Markets India, HSBC Securities & Capital Markets, J.P. Morgan India, and Morgan Stanley India Company. Kfin Technologies is working as the registrar for the issue. 09:40 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Hyundai IPO fully priced in Hyundai’s Rs 27,870 crore IPO is seen as offering limited valuation comfort compared to Maruti Suzuki, which holds nearly three times the passenger vehicle market share, two-and-a-half times the sales volume, and similar profitability. At Rs 1,960, the upper end of the price band, many analysts believe the pricing is steep and leaves no gains for investors. 09:20 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Geojit on Hyundai IPO "Hyundai’s emphasis on innovation, particularly in the EV sector, strategically places it to gain a larger market share and command higher prices. With the growing consumer preference for EVs, Hyundai’s cutting-edge and competitive models are likely to draw more buyers. The company’s robust brand image and loyal customer base, especially in the SUV and premium car markets, could further diminish Maruti’s market share and sales. Additionally, Hyundai’s strong reputation for quality and safety is a significant factor in attracting customers," said Saji John, Senior Research Analyst at Geojit Financial Services. 09:00 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: IPO last day The IPO will close on October 17. The issue has been subscribed 42% so far. The company has raised Rs 3,790.68 crore, excluding anchor placement of Rs 8,315.28 crore. 08:12 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Anchor Investor Participation in Hyundai Motor India IPO Hyundai Motor India’s IPO has raised Rs 8,315.28 crore from anchor investors, with the anchor bid date set for October 14, 2024. A total of 42,424,890 shares were offered to these investors. The lock-in period for 50% of the anchor shares will expire on November 17, 2024, while the remaining shares will be under a 90-day lock-in period, ending on January 16, 2025. 07:54 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Market Capitalization and Key Performance Indicators As of June 30, 2024, Hyundai Motor’s IPO has a market capitalization of Rs 159,258.06 crore. Key performance indicators (KPIs) include a Return on Capital Employed (ROCE) of 13.69%, a Return on Net Worth (RoNW) of 12.26%, and a Price-to-Book Value (P/BV) ratio of 14.93. 07:34 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Hyundai Motor India's Latest GMP In the grey market, the premium for Hyundai Motor India’s unlisted shares has been steadily declining. Currently, the shares are trading at a premium of Rs 25 over the upper end of the IPO price of Rs 1,960, which translates to a grey market premium (GMP) of 1.28%. This GMP is notably lower than the Rs 147 recorded on October 9, when Hyundai Motor announced its price band, according to sources monitoring grey market activities. 07:07 (IST) 17 Oct 2024 Hyundai Motor India IPO Live Updates: Hyundai Motor India IPO subscribed 42% on Day 2 Hyundai Motor India’s public issue has garnered a subscription of 42% so far, with bids received for 41.7 million shares out of the 99.8 million available. The retail investor portion is currently subscribed at 38%, while the non-institutional investors (NIIs) segment has seen a subscription rate of 26%.

Hyundai IPO GMP Allotment status Live Updates: Check latest GMP, allotment, listing, price band

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