Hyundai Motor India Share Price Live Update at 03:30 pm: Shares of Hyundai Motor India settled 4.6% lower at ₹1,845 apiece after listing at a discount of 1.3% on Tuesday.
Hyundai Motor India Share Price Live Update at 03:00 pm: Will the automaker get any proceeds from the IPO?
Since the IPO was completely an offer-for-sale, the IPO proceeds will go to the promoter, Hyundai Motor Company.
Hyundai Motor India Share Price Live Update at 02:37 pm: Shares of Hyundai Motor India slipped 5.5% to ₹1,826.70 apiece on the NSE. The stock debuted at 1.3% discount.
Hyundai Motor India Share Price Live Update at 02:00 pm: Price information
- Current price: ₹1,856.7 (- 3.9%)
- Issue price: ₹1,960
- Open: ₹1,934
- High: ₹1,970
- Low: ₹1,844.6
Hyundai Motor India Share Price Live Update at 01:04 pm: After listing at a discount of 1.3%, the stock declined 2.4% to ₹1,887 apiece on the NSE.
Hyundai Motor India Share Price Live Update at 12:29 pm: With the market capitalisation of ₹1,52,765 crore, Hyundai Motor India has become the fifth largest automaker in India by market capitalisation. Check
top five list.
Hyundai Motor India Share Price Live Update at 11:45 am: Shares of Hyundai Motor India, the India unit of South Korean carmaker Hyundai, are trading 3% lower at ₹1,875.50 apiece on the NSE.
Hyundai Motor India Share Price Live Update at 11:24 am: The company's market capitalisation stands at ₹1,52,964.92 crore as shares declined 2.7% to ₹1,880.4 on the NSE.
Hyundai Motor India Share Price Live Update at 10:57 am: Price information
- Current price: ₹1,900 (- 1.76%)
- Issue price: ₹1,960
- Open: ₹1,934
- High: ₹1,970
- Low: ₹1,844.6
Hyundai Motor India Share Price Live Update at 10:33 am: NSE congratulates Hyundai Motor India on getting listed
In a post on X, the National Stock Exchange said, "Congratulations Hyundai Motor India Limited on getting listed on NSE today. Hyundai Motors India Limited (HMIL) is a part of South Korea based the 'Hyundai Motor Group', which is the amongst the leading passenger vehicle (PV-OEM) manufacturer globally. The Public issue was of ~INR 27,870 crs."
Hyundai Motor India Share Price Live Update at 10:13 am: The stock declined 3.5% to ₹1,865.55 apiece on the NSE after listing at a 1.3% discount.
On the BSE, the scrip is down 3.3% to ₹1866.60 a unit.
Hyundai Motor India Share Price Live Update at 10:09 am: The stock is trading 0.5% lower at ₹1,923.25 apiece on the NSE.
Hyundai Motor India Share Price Live Update at 10:02 am: After listing at a discount of 1.3%, the stock rose 0.16% to ₹1,937 apiece on the NSE.
Hyundai Motor India IPO Listing Live Update at 9:50 am: Hyundai Motor India shares listed at ₹1,934 apiece on the National Stock Exchange (NSE) on Tuesday, a discount of 1.32% to the issue price of ₹1,960 apiece. The shares debuted at a discount of 1.48% at ₹1,931 a unit on the BSE.
Hyundai Motor India IPO Listing Live Update at 9:38 am: What was Hyundai Motor India's IPO size?
The total IPO issue size was ₹27,870.16 crore, comprising entirely of an offer-for-sale. The money raised will go to selling promoter Hyundai Motor Company.
Hyundai Motor India IPO Listing Live Update at 9:02 am: Hyundai Motor India shares will make their Dalal Street debut at 10 am.
Hyundai Motor India IPO Listing Live Update at 8:38 am: Financials
Hyundai Motor India posted ₹6,060 crore net profit in the financial year 2023-24, an increase of 28.7% year-on-year (YoY). Revenue rose 15.8% YoY to ₹69,829 crore in FY24.
In Q1 FY25, the net profit stood at ₹1,489.6 crore, up 12.1% YoY. Revenue jumped 4.3% YoY to ₹17,344.2 crore in the April-June quarter of the financial year 2024-25.
Hyundai Motor India IPO Listing Date:
Hyundai Motor India shares will be listed on the stock exchanges - the NSE and the BSE - on Tuesday, October 22. The Indian arm of the South Korean automaker Hyundai was subscribed 2.37 times during the subscription period. The
share allotment was finalised on Saturday.
India's largest IPO secured bids for 23,63,27,903 shares, which is 2.37 times the shares on offer (9,97,69,810). The bidding was led by qualified institutional buyers who subscribed 6.97 times the portion reserved for them. The non-institution investors part was subscribed 60%, while the retail portion was booked 50%.
Shares of Hyundai Motor India will debut on the NSE and the BSE at 10 am on Tuesday, October 22.
The initial share sale was solely an offer-for-sale of 14.21 crore shares by parent
Hyundai Motor Company without fresh issue of shares.
To learn more about IPO listings, schedules, and upcoming IPOs, visit our page.
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