Hyundai IPO Live Updates

By:- B.T Team Image Credit:- Google

Hyundai Motor India IPO Update

Key Moment: Hyundai Motor India's IPO listing is happening today, October 22, 2024.

Offer Size: The IPO includes fresh issuance of shares worth ₹4,000 crore and an offer for sale of ₹1,000 crore.

[{"selector":"#anim-40d71700-0340-45f7-8b48-07df32d3847a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(37.89500053904555%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":1200,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Listing Expectations

[{"selector":"#anim-d210530f-8d8f-49bb-ae13-4178e2c8270b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-30.577047427118103%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Market Anticipation: Investors are eagerly awaiting the listing price amid strong demand during the subscription phase.

Subscription Status

[{"selector":"#anim-70341c17-6f58-42fb-8407-c4f10274b810 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate(-4.043781352996987%, 0%) scale(1.5)","translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"forwards"}] Popularity: The IPO was oversubscribed by 18 times, indicating high investor interest in Hyundai's growth potential.

Current Trend: The shares are trading at a premium of ₹150 in the grey market, suggesting positive market sentiment.

[{"selector":"#anim-4f83c5b2-ba6e-43fd-bc14-dd1a5d2393da [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-9.720342130710037%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}]

Expert Opinions: Analysts recommend a 'Subscribe' rating for long-term investors based on Hyundai's robust fundamentals.

[{"selector":"#anim-fdb9e172-01cd-4ffb-821e-f9969af0faeb [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(4.853883599765674%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Market Analyst Views

Financial Performance

[{"selector":"#anim-8b2fe69c-b326-43c0-889c-32e9ac957ea2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-20.858304075459237%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] Growth Metrics: Hyundai reported a revenue of ₹30,000 crore in the last fiscal year, with a strong profit margin of 8%.

Expansion Plans

[{"selector":"#anim-42bffca6-7d6e-4ad2-aba6-4aa0d04ec2bc","keyframes":[{"offset":0,"transform":"translate3d(0, -144.88063%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.29,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.45,"transform":"translate3d(0, -40.740433156%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.61,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.71,"transform":"translate3d(0, -13.850588228%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.8,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.85,"transform":"translate3d(0, -5.201214617%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":0.92,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"},{"offset":0.96,"transform":"translate3d(0, -2.260137828%, 0)","easing":"cubic-bezier(.5, 0, 1, 1)"},{"offset":1,"transform":"translate3d(0, 0%, 0)","easing":"cubic-bezier(0, 0, .5, 1)"}],"delay":0,"duration":600,"fill":"both"}]

Investment Insights

[{"selector":"#anim-aaea70b1-f743-44ca-a69b-86e85332f215","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-45343de3-0001-428b-b57d-5eecd6c9de06","keyframes":{"transform":["translate3d(0px, 92.52091%, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Final Thoughts

[{"selector":"#anim-8053dba4-3acc-4208-81d9-17d4665ecdda [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-36.18453211468786%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}]

Hyundai IPO Live Updates

Hyundai Motor India IPO Update

Offer Size: The IPO includes fresh issuance of shares worth ₹4,000 crore and an offer for sale of ₹1,000 crore.

IPO Details

Listing Expectations

Subscription Status

Current Trend: The shares are trading at a premium of ₹150 in the grey market, suggesting positive market sentiment.

Grey Market Premium

Expert Opinions: Analysts recommend a 'Subscribe' rating for long-term investors based on Hyundai's robust fundamentals.

Financial Performance

Expansion Plans

Future Strategy: Funds from the IPO will support Hyundai’s plans to expand its electric vehicle (EV) lineup in India.

Investment Insights

Advisory: Investors are encouraged to consider long-term holdings as Hyundai aims to enhance market share in the Indian automotive sector.

Final Thoughts

The listing today marks a significant step for Hyundai in capitalizing on India's growing automotive market.

Watch More Story

1 Crore Reward On Lawrence Bishnoi From Karni Sena