Subscribe To Our Free Newsletter |
Hyundai IPO GMP falls to 1%, issue subscribed by 42% on Day 3 so far. Check details
Hyundai Motor India's IPO saw a grey market premium drop to 1% on its final bidding day. Subscribed by 42%, QIBs led the demand followed by retail and non-institutional investors. Analysts recommended long-term subscriptions, citing strong brand presence and growth prospects despite limited immediate listing gains.