Hyundai Motor India Limited IPO Message Board (Page 96)

What are your initial thoughts about this ipo?? I know it's too early to judge and qib numbers on last day will be key factor...how are you thinking to approach this IPO??@Jay here @Always Be Positive Karma will decide @GrayIsTheNewBlack @diwan kapoor @rohiitian @Kailash sharma @IpoZINDAHAI And all other HNI members of the forum..

Seeing the market sentiments and big size of IPO, it looks like a rsiky bet to apply in this IPO.

For the first time I am thinking of sell and apply.. ન મામા કરતા કાણો મામો શું ખોટો??
Not taken final decision about that..
​@GJ Eighteen What have you done?? તમારા સોર્સ શું કહે છે??રાજકોટ માં ૧૪૫૦૦/- નો ભાવ મળે છે bhni એપ્લિકેશન નો..

Hyundai Motor India fixes price band for its ₹27,870 crore IPO, the largest in India

Hyundai Motor India, which will be India's largest Initial Public Offering (IPO) till date, has fixed the price band for its public issue between ₹1,865 to ₹1,960 per equity share.

At the upper end of the price band, the IPO size will be ₹27,870 crore, which will surpass LIC's size of over ₹21,000 crore. The IPO will be a complete Offer For Sale (OFS), where the company's parent will be selling 14.2 crore shares or 17.5% of the total equity.

Investors can bid for one lot of seven shares, followed by multiples of seven thereafter.

Anchor investors will bid for the issue on October 14.

The three-day issue will open for subscription on October 15 and close on October 17, 2024.

Half or 50% of the IPO has been reserved for Institutional Investors (QIB), while 15% of the issue has been reserved for non-institutional investors (NII). 35% of the IPO has been reserved for retail investors.

Hyundai Motor India shares will carry a face value of ₹10 each.

The company will offer a discount of ₹186 per share to eligible employees who will be bidding in the IPO.

Hyundai Motor India is the second largest OEM and the second largest exporter of passenger vehicles and has a domestic market share of 14.6%.

For the month of September, Hyundai sold 64,201 units, a decline of 10% on a year-on-year basis. For 2024 so far, the company has sold 5.77 lakh units, which is flat compared to last year.

Not seeing more than 7x oversubsciption in this IPO.

This being a huge IPO, looks like will do like LIC.

List close to issue price, or even below. Gradully move up.

Premium again up
120 to 130

It may now go up or down with the prices of auto stocks in market. But this much of free float makes it a big risk for listing gains.

Unless QIB go wild on this issue, it may be better to wait for it to list.

GMP increased from sub 100 to 150 now

Wow.This is amazing !

@Dilip Davda sir was present in the Hyundai interview on NDTV Profit and even asked a question on future plans about market composition

GMP is covering now 140 to 150 i think its. going 250 to 300 in next week.

HUGE IPO SIZE!

Will suck liquidity for 1 week.
Not much listing gains expected.
P/BV is very high, as compared to peers

Expecting 10% (+/- 2%) gains.

liquidity will not suck, becasue its not favourable ipo for public..i think it will not fully subscribe.

Pricing is higher side yes, but no problem GMP 125 but soon it's going in upper side brokers still buying application a big game is on the way.

Hi Everyone,
I looked at its overall revenue table and found something wrong with it. it is looking like loss making company.
compared to previous years Assets, Net worth, Reserves & surplus all reduced, looks like by selling assets they got the revenue.

I need few professional people thoughts/advice on this IPO.
Thanks.

​@MohammadFarhadBaig Kindly wait for @Dilip Davda sir's review which will appear shortly on this page. Then you can take call on your own

GMP now in double digits only. Current GMP Rs.99/- only(5.1%)

#Keep Applying & Happy Investing#

Lo bhai aa gyi 99rs ki sale
Hyundai ki gundai

70 lakhs 70 thousands retail investors ko allotment hoga jab listing par sub sell karay gay tab kiya hoga ..............

PRICE IS TO HIGH @ RS 1960
SIZE. 27870 CRS
I will try to get at lower rate

Just wondering.. What expected issue price Grey pundits had in mind when they took GMP as high as 970??

By most conservative estimates it was not below 1500 IMO... i.e. Grey buyers expected listing around Rs. 2470 (1500+970) or above.

Is my thinking correct here??

It is a 64 million dollar question

They initially though 1200 then 1500 then 1600-1750 & finally just before weekend it was certain that its close to 2000.

In my view, Price band in on higher side. Company has not left any thing in plate for IPO subscriber. One should take caution before applying this issue. Alloatment will be like " jo jitna magega sabko milega"
My views are person and i have right to be wrong.

Gmp continuously down if anchor book is not gud full chances if negative listing. price band announcement spoils the issue.full ofs

I will subscribe for sure,
Category will be decided at 17th afternoon according to QIB figures.

I will also keep an eye on MARUTI share price movment till 2:00 pm (17th oct)

Why should not the retail investors boycot this ipo ss the Company has priced it exorbitantly and has not left anything on table for the investors.

​@upen Boycott can only happen when everyone have same concern and same intention. Yes, ppl can stop themselves by not applying for IPO. As @Mr. Singh mentioned all retailers will be having their own plan of action.

Definately boycott, Indian public not fool to rush for anything on the name of IPO