The much-anticipated Hyundai Motor India IPO is set to list on October 22, 2024, after successfully completing its subscription process. Here’s everything you need to know:
Listing Time
- IPO Listing Time: The Hyundai Motor IPO listing will take place at 9:00 a.m. on October 22, with a listing ceremony. A pre-open session will occur from 9 a.m. to 10 a.m., where the price discovery happens. Regular trading will start at 10 a.m. on both the BSE and NSE.
Grey Market Premium (GMP)
- GMP Today: The Hyundai Motor India shares are currently trading at a premium of ₹48 in the grey market, indicating an expected listing premium of 2-3% over the issue price of ₹1,960 per share. This suggests a potential listing price in the range of ₹2,025-2,030 per share.
How to Check Hyundai IPO Allotment Status
If you applied for the Hyundai IPO, here’s how to check your allotment status:
On BSE Website:
- Login at the BSE IPO allotment status link.
- Select ‘Equity’ in the issue type.
- Choose ‘Hyundai Motor India Limited’ from the dropdown menu.
- Fill in your application number or PAN details.
- Click on ‘I’m not a robot’ and then ‘Search’.
- Your IPO allotment status will appear on your screen.
On KFintech Website:
- Login at the KFintech web link.
- Select ‘Hyundai Motor India Limited’.
- Choose Application No., Demat Account, or PAN.
- Enter your Application Number.
- Input the Captcha.
- Click on Submit to view your allotment status.
With Hyundai’s IPO being India’s biggest to date, there’s considerable anticipation for its market debut.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
