Hyundai Motor’s IPO will hit the market on October 15, 2024, and close on October 17, 2024. The Hyundai Motor IPO GMP Kostak rate is subject to Sauda updated as of today. The Hyundai Motor IPO Grey Market Premium has started with high premium rates at this time, we need to wait for the rates to change with the market sentiment in a few days or to stabilize the rates. You can check Hyundai Motor IPO subscription status here.
Hyundai Motor India Limited is part of the Hyundai Motor Group, the world’s third-largest auto original equipment manufacturer (“OEM”) by passenger car sales. The company makes and sells dependable, feature-rich, innovative four-wheeler passenger vehicles with cutting-edge technology.
The company also makes items including transmissions and engines. The company offers mobility solutions and has a network of 1,366 sales and 1,550 service outlets throughout India. As of March 31, 2024, the business had sold almost 12 million passenger automobiles in India and overseas. The company produces and distributes four-wheeled passenger vehicles, including sedans, hatchbacks, SUVs, and electric vehicles (EVs).
Hyundai Motor IPO Issue size of ₹27,870.16 Crores, via Offer For Sale of ₹27,870.16 Crores and issue price band has been fixed at ₹1865 to ₹1960 Per Share. The Hyundai Motor IPO will be listed on October 22, 2024, NSE and BSE.
What is Hyundai Motor IPO GMP Today?
■ The Hyundai Motor IPO GMP Today Or Grey Market Premium is ₹45.
What is Hyundai Motor IPO Kostak Rates Today?
■ The Hyundai Motor IPO Kostak rate is ₹0.
What is Hyundai Motor IPO Subject to Sauda Price Today?
■ The Hyundai Motor IPO Subject to Sauda rates is ₹300.
Hyundai Motor IPO Approximately Returns?
■ The Hyundai Motor IPO’s approximate return is 3%, which can also change according to the Market Sentiment.
Hyundai Motor IPO GMP Live, Kostak, & Subject :
| Date | GMP | Kostak | Subject |
| 14 Oct 2024 | ₹45  | ₹0 | ₹300 |
| 13 Oct 2024 | ₹65 | ₹0 | ₹400 |
| 12 Oct 2024 | ₹75  | ₹0 | ₹500 |
| 11 Oct 2024 | ₹75 | ₹0 | ₹500 |
| 10 Oct 2024 | ₹135 | ₹0 | ₹900 |
| 09 Oct 2024 | ₹175  | ₹0 | ₹1000 |
| 08 Oct 2024 | ₹145 | ₹0 | ₹800 |
| 07 Oct 2024 | ₹270 | ₹0 | ₹0 |
| 06 Oct 2024 | ₹270 | ₹0 | ₹0 |
| 05 Oct 2024 | ₹270 | ₹0 | ₹0 |
| 04 Oct 2024 | ₹365 | ₹0 | ₹0 |
| 03 Oct 2024 | ₹360 | ₹0 | ₹0 |
| 02 Oct 2024 | ₹370 | ₹0 | ₹0 |
| 01 Oct 2024 | ₹363 | ₹0 | ₹0 |
IPO GMP Facts :
- The GMP is usually higher for IPOs of well-known companies with strong fundamentals.
- The GMP is also likely higher for IPOs that are heavily subscribed.
- It is important to do your research before investing in an IPO, regardless of the GMP.
- The IPO GMP is estimated, considering market volatility, limited historical data, underwriting conditions, legal risks, and potential dilution.
IPO GMP Disclaimer :
- GMP is not an indicator of the final listing price: The GMP is just a reflection of the demand and supply of the IPO shares in the grey market. The final listing price will depend on several factors, including the overall market sentiment and the performance of the company in the post-IPO period.
- The GMP can be volatile: The GMP can fluctuate significantly in the days leading up to the IPO listing. This is due to the uncertainty surrounding the final listing price and the volatility of the stock market in general.
- There is no guarantee of profit: Even if the GMP is high, there is no guarantee that the IPO shares will list at a profit. The final listing price could be lower than the GMP, or the shares could even increase in value after listing.
- Investing in IPOs carries risks: IPOs are considered to be high-risk investments. There is always the possibility that the company could fail, or that the shares could be diluted in the future.
- Risk Factors: Identify and articulate the key risk factors that could impact the IPO GMP and subsequent trading of the company’s shares. These may include industry-specific risks, regulatory uncertainties, economic downturns, and competitive pressures.
| Hyundai Motor IPO Details: Click Here Hyundai Motor IPO Subscription: Click Here Hyundai Motor IPO Allotment: Click Here Hyundai Motor IPO Listing: Click Here |
All Hyundai Motor IPO-related links are available here. If you want to know the details then click here Link.
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