The Hyundai IPO allotment status has been officially finalized, providing clarity for investors who participated in this significant public offering. Hyundai Motor India’s IPO, which opened for subscription from October 15 to October 17, 2024, has generated considerable interest. Here’s everything you need to know about checking your allotment status and the upcoming Hyundai listing date.
Hyundai IPO GMP Today
As of today, the Hyundai IPO GMP (Grey Market Premium) stands at ₹5, indicating a subdued response in the grey market. This reflects cautious sentiment among investors regarding the stock’s potential performance post-listing.
How to Check Hyundai IPO Allotment Status Online
Investors can easily check their Hyundai IPO allotment status online through two primary platforms: the Bombay Stock Exchange (BSE) and KFin Technologies, the official registrar for the IPO. Here’s how to do it:
Checking Allotment Status on BSE
To check your allotment status on the BSE website, follow these steps:
- Visit the direct BSE link: BSE Application Status.
- Select ‘Equity’ under the issue type option.
- Choose ‘Hyundai Motor India Limited’ from the dropdown menu.
- Enter your application number or PAN card details.
- Complete the CAPTCHA verification by clicking ‘I’m not a robot.’
- Click on the ‘Search’ button.
Your Hyundai IPO allotment status will be displayed on your screen.
Checking Allotment Status on KFin Technologies
For those preferring to use KFin Technologies, here’s how to check your status:
- Go to the KFin Technologies website: KFin IPO Status.
- Select ‘Hyundai Motor India Limited.’
- Choose either ‘Application No., Demat Account, or PAN.’
- Enter your application number.
- Complete the CAPTCHA verification.
- Click on the ‘Submit’ button.
The allotment status will appear shortly after submission.
Upcoming Hyundai Listing Date
The shares of Hyundai Motor India are scheduled to be listed on October 22, 2024, on both the BSE and NSE. Investors should keep an eye on market trends and performance as shares become available for trading.
Subscription Overview
The Hyundai Motor India IPO was met with varied investor interest, ultimately being subscribed 2.37 times overall by the close of bidding on October 17, 2024. The breakdown of subscriptions is as follows:
- Qualified Institutional Buyers (QIBs): 6.97 times
- Non-Institutional Investors (NIIs): 0.60 times
- Retail Investors: 0.50 times
Despite strong demand from institutional investors, retail participation was relatively lukewarm.
Conclusion
With the Hyundai IPO allotment status finalized and available for checking online, investors can now ascertain their share allocations ahead of the upcoming Hyundai listing date. As always, it’s essential to stay informed about market conditions and trends that may affect stock performance post-listing.Disclaimer: The information provided in this article is for informational purposes only and should not be considered financial advice. Investors are encouraged to conduct their own research or consult with financial advisors before making investment decisions.
