Hyundai Motor India IPO Allotment Subscription Status: Hyundai Motor India Limited's IPO, the largest IPO in India, received a lukewarm response from retail investors, but saw a surge on the last day with the help of qualified institutional buyers (QIBs). After the IPO bidding closed, investors are now waiting for the allotment of Hyundai Motor India's IPO.
Hyundai Motor India IPO allotment can be received today. The company is expected to finalize the basis of the Hyundai IPO share allotment on Friday, October 18. The ₹ 27,870.16 crore Hyundai Motor India IPO was open during October 15-17. After the Hyundai IPO allotment is finalized, the company will credit shares to the demat accounts of eligible investors on October 21 and start refunding money to unsuccessful bidders on the same day.
Investors can check Hyundai IPO allotment status online through the BSE website or the official portal of the IPO registrar. KFIN Technologies is the Hyundai Motor India IPO registrar.
To check Hyundai IPO allotment status online, follow the steps given below: Hyundai Motor India IPO Allotment Subscription Status Check Online.
Hyundai IPO Allotment Status on KFin Technologies
[Step 1] Visit the IPO registrar’s website on this link –https://kosmic.kfintech.com/ipostatus/
Step 2] Select 'Hyundai Motor India Limited' in the Select IPO dropdown menu
Step 3] Select Application Number, Demat Account, or PAN
Step 4] Enter the details as per the selected option
Step 5] Enter the captcha code and click on submit
Your Hyundai IPO allotment status will appear on the screen.
Hyundai IPO Allotment Status on BSE: Hyundai Motor India IPO Allotment Subscription Status
[Step 1] Visit the BSE website at this link –https://www.bseindia.com/investors/appli_check.aspx
Step 2] Select ‘Equity’ in the issue type
Step 3] Select 'Hyundai Motor India Limited' in the Issue Name dropdown menu
Step 4] Enter the application number or PAN
[Step 5] Verify by ticking 'I am not a robot' and click on 'Search'
Your Hyundai IPO allotment status will appear on the screen.
Hyundai IPO GMP Today: Hyundai Motor India IPO GMP Today
Hyundai Motor India shares are showing a weak trend in the unlisted market due to the end of the gray market premium (GMP). According to stock market experts, Hyundai IPO GMP today is ₹ -33. This shows that Hyundai Motor India shares are trading lower than their issue price in the gray market.
Hyundai IPO GMP has turned negative today, which means the stock is trading at ₹ 33 lower than its issue price in the grey market. Considering Hyundai IPO GMP and issue price today, the estimated listing price of Hyundai Motor India shares is ₹ 1,927 per share, which is 1.68% lower than the IPO price of ₹ 1,960 per share.
Hyundai Motor India IPO Share Listing DateHyundai Motor India Limited shares are proposed to be listed on BSE. The listing is likely to take place on October 22.
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