HYUNDAI INDIA IPO SUBSCRIPTION UPDATE

Senores Pharma IPO subscribed 13.88 times on Day 2. Check GMP, key dates, price band

Retail investors subscribed to the issue 38.34 times, while non-institutional investors (NIIs) subscribed 24.48 times. Qualified institutional buyers (QIBs) took up 35% of the offer. The subscription period began on Friday and runs until December 24.

Purple United Sales IPO Day 3: Check subscription, key dates, GMP, price band and other details

Purple United Sales' SME IPO was fully subscribed 160.08 times by 6:00 PM on the final bidding day, aiming to raise Rs 33 crore. Retail investors subscribed 155.29 times, non-institutional investors 269.70 times, and qualified institutional investors 86.30 times. The shares will list on the NSE SME platform.

Purple United Sales IPO Day 2: Check subscription, key dates, GMP, price band and other details

Ahead of the IPO, Purple United Sales’ unlisted shares traded at Rs 176 each in the grey market on Thursday, showing a premium of 39.68% over the upper end of the IPO price band of Rs 126.

Toss The Coin IPO Day 2: Check subscription, GMP, key dates and other details

Toss The Coin's IPO enjoys a strong GMP of ?199, reflecting a 109% premium over its issue price range of ?172-?182 per share. The minimum lot size is 600 shares, requiring a retail investment of ?1.09 lakh. High-net-worth individuals must invest in at least two lots (1,200 shares), amounting to ?2.18 lakh.

Hyundai Motor shares fall over 1% as company announces price hikes, effective Jan 1

Hyundai Motor India's shares dipped after the company announced a price hike across its models starting January 1, 2025. The increase, up to Rs 25,000, is attributed to rising input costs, unfavorable exchange rates, and increased logistics expenses. This comes after the company reported a 16% drop in net profit and a 7% decline in revenue for the September quarter.

Ganesh Infraworld IPO Day 3: GMP, Price Band, Subscription and Key Dates

Ganesh Infraworld's SME IPO achieves a substantial subscription of 369.7 times, aiming to raise Rs 98.6 crore with a fresh equity sale of 1.18 crore shares. The funds are allocated for long-term working capital and corporate purposes. The shares are priced between Rs 78-83, with a GMP of Rs 73, indicating an 88% upside potential.

Ganesh Infraworld IPO sees strong subscription on Day 2 as GMP rises: Check details

The company plans to raise ?98.6 crore through its SME IPO by issuing 1.18 crore fresh equity shares, with a listing on the NSE SME platform. The net proceeds will be utilized for long-term working capital needs and general corporate purposes.

Suraksha Diagnostic IPO Day 2: Issue subscribed 25%. Check GMP, other details

Suraksha Diagnostics IPO GMP: Suraksha Diagnostic's Rs 846-crore IPO has seen limited interest, with only 25% subscription by the second day. Retail investors subscribed 45%, while institutional and non-institutional investors showed minimal participation. The IPO, entirely an offer for sale with a price band of Rs 420-441 per share, closes on December 3, 2024.

As equity market cools, wealthy investors stay away from IPOs

Of the last 10 IPOs, eight saw limited to little participation from high-net-worth individuals (HNIs). While the HNI portions were undersubscribed for Swiggy, Hyundai India, Niva Bupa Health and Godavari Biorefineries, another four barely managed single-digit subscriptions. This is a stark contrast to an average of 116 times HNI subscriptions in the preceding 10 IPOs.

Niva Bupa Healthcare IPO subscribed 1.17 times on Day 2, retail investors drive strong demand. Check details

The offering, comprising a fresh equity sale of Rs 800 crore and an offer for sale (OFS) of 1.89 crore shares, will remain open for bidding until November 11. Through the OFS, Bupa Singapore Holdings and Fettle Tone will reduce their stakes.

Sagility India IPO subscribed 3.2 times on final day. Check GMP and other details

The Rs 2,106 crore IPO consists solely of an offer-for-sale of 70.22 crore shares by the promoter, Sagility B.V., with no fresh issue component. All proceeds, after deducting expenses, will go directly to the selling shareholder.

Swiggy IPO subscribed 12% on first day of bidding process. Check GMP and other details

Swiggy IPO Subscription Status: Swiggy's IPO saw a lukewarm response on its first day, with overall subscriptions reaching 12%. Despite a grey market premium, analysts are divided on the company's prospects due to its history of losses and stiff competition. The company aims to raise ?11,300 crore to fuel its growth plans in the expanding food delivery market.

All retail bidders to get Hyundai shares as IPO allotment expected today. Check status, GMP and other details

Hyundai IPO Allotment Today: After sailing through on the last day of bidding, Hyundai Motor India is likely to finalise the share allotment for its IPO later today. Going by the subscription numbers, all the retail investors, who bid for the issue, will likely get allotment as the category was not fully subscribed. This is also the case with non-institutional investors.

Institutional demand helps Hyundai cross the IPO line

Investors placed bids for 236 million shares worth ?46,320 crore in the issue, against the 99.8 million shares worth ?19,555 crore (excluding anchor allotment) offered by Hyundai Motor India's South Korean promoters. Earlier this week, the company raised ?8,315 crore (roughly 30% of the IPO size) as part of the anchor allotment from 225 institutional investors.

At just 50%, Hyundai sees worst retail subscription among India's 5 biggest IPOs

Hyundai IPO retail subscription was the worst among biggest 5 offers in India (50%). Expensive pricing (26x PE vs industry average of 24.41x) dampened retail investor sentiment.

Hyundai India fends off a scare as IPO booked 2.37 times on last day, but GMP down to 0

Hyundai India's IPO closed with subscription of 2 times, driven by institutional investors. Retail and non-institutional investors didn't fully subscribe due to expensive pricing. Grey market premium fell to 0. Analysts suggest long-term investment in Hyundai IPO due to its strong position in the growing passenger vehicle market.

Hyundai IPO allotment – How to check allotment, IPO GMP, listing date and more

Hyundai Motor India Limited, the Indian arm of South Korean automaker Hyundai Motor Company is expected to announce the allotment status of its initial public offering (IPO) on Friday, October 18. The Hyundai IPO opened on October 15 and closed on October 17. The price band for the IPO was ?1,865 to ?1,960 per share.

Hyundai Motor IPO's off to a slow start

The non-institutional investor (NII) portion, primarily high-net-worth individuals, was subscribed 0.13 times, while the retail investor portion saw a subscription of 0.26 times. The portion reserved for the company's employees, offered at a discount of ?186 per share, was subscribed 0.8 times (80%).

India's biggest IPO off to a slow start, subscribed 0.18x on Day 1

Hyundai Motor India allocated 4.2 crore equity shares to these anchor investors at Rs 1,960 per share. Also, 34.42% of the entire allocation to anchor investors went to 21 domestic mutual funds via 83 schemes. AMCs (asset management companies) like ICICI, Invesco, Kotak, and UTI were part of this list.

Hyundai India IPO opens for subscription. Should you subscribe or skip? Here’s what 10 brokerages say

Hyundai India GMP: All signs point to debut losses for investors

Analysts largely agree that subscribing to the Hyundai IPO presents a strong opportunity for long-term investors, given the growing passenger vehicle market and increasing consumer demand for larger, premium cars.

Hyundai kicks off season 1 of K-drama. Will Indian IPOs help Koreans ward off K-discount curse?

Hyundai Motor India's IPO, the largest in India's history, may pave the way for other South Korean conglomerates like LG and potentially Samsung to list on Indian exchanges, potentially easing the valuation disparity known as the 'Korea Discount.' However, gains for investors are expected to be modest.

Hyundai Motor India IPO opens for subscription. Should you bid for the mega issue?

Hyundai India's Rs 27,870 crore IPO opens for subscription till October 17, involving an OFS of 14.2 crore shares by Hyundai Motor Global. The price band is set between Rs 1,865 to Rs 1,960 per share. Analysts recommend subscribing for long-term gains, citing robust financials and growth potential.