Hyundai Motor India's $3.3-billion initial public offering was oversubscribed by more than two times on Thursday attracting aggressive bidding from institutional investors, even though pricing concerns deterred retail participation.

Today is the last date for subscribing the Hyundai Motor India Limited IPO. The eagerly awaited mainboard initial public offering (IPO) of Hyundai Motor India was open for subscription on October 15.

The GMP of Hyundai Motor India has fallen from its peak of ₹570 on September 27 to zero on October 17, indicating listing to be flat at ₹1,960.

(IPO) of Hyundai Motor India Limited has officially hit the Indian primary market, offering investors a chance to own a slice of one of the country’s leading automobile manufacturers. The IPO opened for subscription today,

Hyundai Motor brings India’s biggest-ever IPO. The company aims to raise Rs 27,870 crore (around $3.3 billion). The Issue has been subscribed 18% on Day 1, according to the data available with BSE. The bidding for the Hyundai Motor India’s initial public offering commenced from October 15, 2024, and will run until October 17, 2024.

A $3.3-billion initial public offering by Hyundai Motor India was fully subscribed on the final day of bidding on Thursday, with domestic banks and mutual funds buying into the country's first automaker to go public in two decades.

The quota for Qualified Institutional Buyers (QIBs) got 3.88 times oversubscribed, while the portion for retail investors received only 44% subscription

The $3.3-billion IPO of Hyundai Motor India, the country's largest yet, was fully subscribed on its final day on Thursday, as big institutional investors bid aggressively, though pricing concerns deterred retail investors.

Hyundai Motor India’s ₹27,870.16 crore IPO is set to close on Thursday. The IPO, which opened for subscription on October 15, is entirely an offer for sale of 14.22 crore shares. Hyundai Motor India IPO Subscription Status As per data on NSE,