Retail enthusiasm in Hyundai Motor IPO subdued

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Home /Exam Details (QP Included) / Retail enthusiasm in Hyundai Motor IPO subdued

Posted on October 18th, 2024 in Exam Details (QP Included)

Retail enthusiasm in Hyundai Motor IPO subdued

• Bidding ended on Thursday, with lukewarm response from retail investors.
• IPO subscribed 2.37 times, boosted by Qualified Institutional Buyers (QIBs).
• QIBs category subscribed 6.97 times, Retail Individual Investors 0.50 times.
• Employee portion subscribed 1.74 times.
• Lowest retail subscription among major IPOs in Indian capital markets.

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