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Hyundai Motor India Share Price LIVE: Stock declines 2.4% after listing at 1.3% discount on NSE

Upstox
By Upstox News Desk

4 min read | Updated on October 22, 2024, 13:09 IST

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SUMMARY

Hyundai Motor India Share Price LIVE: Hyundai Motor India shares debuted at ₹1,934 a unit on the National Stock Exchange (NSE) at a discount of 1.32% to the issue price of ₹1,960 per share. On the BSE, it listed at a discount of 1.48% at ₹1,931 apiece.

Stock list

HYUNDAI
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Hyundai Motor India IPO had a price band of ₹1,865-₹1,960 per share.

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 9:23 am: According to analysts, there is a very high possibility of the carmaker making a flat to negative market debut. However, they note that the long-term growth story of Hyundai Motor India remains intact and in line with India's Growth.
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%.

Hyundai Motor India IPO listing date and time

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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