Hyundai Motor India Limited IPO has a ₹65 Grey Market Premium as of October 14, 2024, with a price range from ₹1865 to ₹1960 per share. Offering lots of 7 shares, the subscription window is open from October 15 to October 17, 2024.
Hyundai Motor India Limited IPO GMP Today
The Grey Market Premium (GMP) for Hyundai Motor India Limited is ₹65 as of October 14, 2024. This assessment coincides with a price from ₹1865 to ₹1960 per share for the IPO.
Hyundai Motor India Limited IPO Review
Hyundai Motor India Ltd demonstrates robust financial health with consistent revenue growth and enhanced profitability. Revenue rose from ₹473,784.32 million in March 2022 to ₹603,075.80 million in March 2023, while profit after tax increased from ₹29,015.91 million in March 2022 to ₹43,828.71 million by December 2023, reflecting the company’s effective business expansion.
The company’s equity strengthened from ₹168,562.55 million in March 2022 to ₹197,779.17 millions in December 2023, boosting shareholder returns as the Diluted EPS for December 2023 is ₹53.94 With a healthy balance sheet, NAV per Equity Share is ₹243.42 In December 2023, Hyundai Motor India showcased strong liquidity and reduced reliance on debt.
To get a full IPO review, click here Hyundai Motor India IPO
Hyundai Motor India Limited IPO Date
Hyundai Motor India Limited will start accepting subscriptions from October 15 to October 17, 2024.
Hyundai Motor India Limited IPO Price
Hyundai Motor India Limited’s price range is from ₹1865 to ₹1960 per share with a face value of ₹10 each.
Hyundai Motor India Limited
Hyundai Motor India Limited, the second-largest auto OEM in India and a key part of Hyundai Motor Group, is renowned for its innovative and reliable passenger vehicles. Since 2005, it has led in vehicle exports. Their success stems from Hyundai’s brand strength, advanced technology, localization, and a focus on electric vehicles, fostering strong relationships with stakeholders and driving global sales.
How To Apply For Hyundai Motor India Limited IPO?
To apply for the Hyundai Motor India Limited IPO through Alice Blue, follow these steps:
1. Open a Demat and Trading Account with Alice Blue if you don’t have one.
2. Access IPO details for Hyundai Motor India Limited on the Alice Blue platform.
3. Place your bid for the desired number of shares within the IPO’s price range.
4. Confirm your information and submit your application quickly.
You can apply for the Hyundai Motor India Limited IPO at Alice Blue in just a few clicks!