scorecard
  1. Home
  2. stock market
  3. news
  4. Hyundai IPO allotment – How to check allotment, IPO GMP, listing date and more

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

Hyundai IPO allotment – How to check allotment, IPO GMP, listing date and more
Stock Market2 min read
  • Hyundai is expected to announce its share allotment status on Friday, October 18.
  • The shares of Hyundai were subscribed 2.37 times.
  • The shares are expected to be listed on the stock exchanges on October 22.
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 IPO subscription

On its last day, the Hyundai IPO was subscribed 2.37 times, receiving bids for 23.63 crore equity shares against 9.98 crore shares on offer.


While the qualified institutional buyer (QIB) portion was subscribed 6.97 times, the non-institutional investor's portion was subscribed at 0.60 times. The retail portion witnessed poor participation and was subscribed just 0.65 times. The employee portion was subscribed 1.74 times.

Hyundai grey market premium

The shares of Hyundai are currently commanding a grey market premium (GMP) of ₹30 per share. GMP is the premium at which IPO shares are traded in an unofficial market before they are listed on the stock exchanges.

How to check Hyundai’s IPO allotment status

You can check the allotment status on the registrar’s website.

  • To check the Hyundai IPO allotment status, visit the registrar’s website here.
  • Click on ‘Company Selection’ and then select ‘Hyundai’.
  • Now, enter your PAN, application number, DP / Client ID or Account number / IFSC.
  • Click on ‘Search’.
You will be able to see your application status. It will display the number of shares that you have applied for and the number of shares that have been allotted to you.

You can also check the Hyundai IPO allotment status on the BSE and NSE websites.

To check the allotment status on the BSE or NSE website:

  • Go to the BSE website.
  • On the website, click on 'Equity' and then select ‘Hyundai’ from the dropdown menu.
  • Now, enter your application number and PAN.
  • Click on 'Search'.
You will be able to see the number of shares allotted to you.

You can click here and log in to check your allotment status on NSE.

Hyundai listing date

The shares of Hyundai will be listed on the stock exchanges on October 22.

Disclaimer: The content on this website is for informational purposes only and should not be construed as investment advice. We recommend that readers consult certified, qualified, registered advisors for professional and personalised financial advice.

SEE ALSO:

Bigger they are, harder they fall – A look at how the country’s biggest IPOs have fared

Samsung Galaxy Ring is now available in India at ₹38,999

The Ola Electric Saga: Are surge in complaints and declining market share a wake-up call for Bhavish Aggarwal?

READ MORE ARTICLES ON


Advertisement

Advertisement