All retail bidders to safe Hyundai shares as IPO portion anticipated this day. Test situation, GMP and totally different minute print

Synopsis

Hyundai IPO Piece Presently time: After crusing by on the final day of bidding, Hyundai Motor India is probably going to finalise the fragment portion for its IPO later this day. Going by the subscription numbers, the entire retail investors, who picture for the topic, will likely safe portion because the class become once now not fully subscribed. Right here is also the case with non-institutional investors.

All retail bidders to safe Hyundai shares as IPO portion anticipated this day. Test situation, GMP and totally different minute printANI

On the portion date, investors safe to take hang of about the determination of shares distributed to them as against the bids made. In the case of Hyundai, the entire retail investors can safe an portion for the most determination of bids made.

After crusing by on the final day of bidding, Hyundai Motor India is probably going to finalise the fragment portion for its IPO later this day. Going by the subscription numbers, the entire retail investors, who picture for the topic, will likely safe portion because the class become once now not fully subscribed. Right here is also the case with non-institutional investors.

On the portion date, investors safe to take hang of about the determination of shares distributed to them as against the bids made. In the case of Hyundai, the entire retail investors can safe an portion for the most determination of bids made.

Investors can check the portion situation by the BSE or by visiting the registrar's web role. Right here is the vogue that you just may perchance well presumably check the situation on BSE or even on the registrar's web role.

Right here is the vogue that you just may perchance well presumably Test Hyundai IPO Piece situation on BSE

Step 1: Discuss about with the BSE Web role (https://www.bseindia.com/investors/appli_check.aspx)


Step 2
: Please select the topic name, that is the corporate's name within the tumble down.


Step 3
: Enter the application quantity or PAN quantity to envision the portion situation.

To take a look at the situation of Hyundai Motor IPO portion by the registrar, which is Kfin Applied sciences on this case, kindly note the below steps.

Step 1: Discuss about with the Kfin Applied sciences web role (https://ipostatus.kfintech.com/)

Step 2
: Pick Hyundai Motor IPO

Step 3
: Enter the PAN minute print and click on on search to take hang of the situation

Hyundai Motor India GMP


The company's shares are anticipated to safe listed on the exchanges on October 22. In the unlisted market, the corporate's shares hang no GMP, which indicates a negative to flat list.

Hyundai Motor India IPO subscription


The Rs 27,870 crore IPO of Hyundai India got first fee response from institutional investors, taking the final subscription to 2.37 events. The classes reserved for retail investors had been now not fully subscribed.

Additionally Be taught: At sexy 50%, Hyundai sees worst retail subscription amongst India's 5 biggest IPOs

For the reason that IPO is an OFS, the entire proceeds will lumber to the corporate's Korean father or mother, which offloaded 17.5% stake in Hyundai India.

Hyundai is the 2nd largest carmaker in India with a portfolio of 13 passenger automobile fashions across sedans, hatchbacks and SUVs. The company objectives to leverage its sturdy native manufacturing capabilities to space itself as Hyundai Motor's largest production putrid in Asia.

It operates two production amenities in Chennai with a mixed installed capacity of 8.24 lakh devices per annum and is at the moment operating at over 90%+ capacity utilization.

For the quarter ending June 2024, the corporate reported a earnings of Rs 17,344 crore, marking a dispute from Rs 16,624 crore within the linked interval final 300 and sixty five days. Of the entire earnings, 76% become once derived from the domestic market, while exports accounted for twenty-four%.

(Disclaimer: Ideas, options, views and opinions given by the consultants are their salvage. These enact now not picture the views of Financial Times)

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