Hyundai Motor India IPO GMP History
Hyundai Motor India IPO has been listed on October 22, 2024 at a listing price of ₹1934, against the issue price of ₹1960 — a loss of ₹26 (-1.33%). The GMP peaked at ₹400 on 30 September 2024 and reached a low of ₹0 on 21 October 2024. The day-wise GMP trend below shows how grey market sentiment evolved from subscription to listing.
Hyundai Motor India IPO raised ₹27858.75 Cr. through its IPO at a price band of ₹1865 to ₹1960 per share, with a lot size of 7 shares. The IPO was open for subscription from 15 Oct 2024 to 17 Oct 2024.
Researched & reviewed by
Abhishek Vohera,
Founder, IPO Guru
Last updated
Figures sourced from the RHP, BSE & NSE
GMP trend
Grey market premium sampled three times a day (11 AM, 5 PM, 10 PM). Last updated 10 Nov, 11:18 PM IST.
Day-wise GMP
The last reading of each day, newest first. Arrows compare with the previous day.
| Date | GMP | ↑↓ | % | Kostak | Sub. Sauda |
|---|---|---|---|---|---|
| 21 Oct 2024 | ₹ 0 | ▼ | -- | — | — |
| 17 Oct 2024 | ₹ 25 | ▼ | 1% | — | — |
| 16 Oct 2024 | ₹ 65 | ▲ | 3% | — | — |
| 15 Oct 2024 | ₹ 60 | ▼ | 3% | — | — |
| 14 Oct 2024 | ₹ 75 | ▼ | 4% | — | — |
| 11 Oct 2024 | ₹ 135 | ▼ | 7% | — | — |
| 10 Oct 2024 | ₹ 170 | ▼ | 9% | — | — |
| 09 Oct 2024 | ₹ 190 | ▼ | 10% | — | — |
| 08 Oct 2024 | ₹ 270 | ▼ | 14% | — | — |
| 07 Oct 2024 | ₹ 290 | ▼ | 15% | — | — |
| 05 Oct 2024 | ₹ 375 | — | 19% | — | — |
| 04 Oct 2024 | ₹ 375 | ▼ | 19% | — | — |
| 03 Oct 2024 | ₹ 380 | — | 19% | — | — |
| 02 Oct 2024 | ₹ 380 | ▲ | 19% | — | — |
| 01 Oct 2024 | ₹ 375 | ▼ | 19% | — | — |
| 30 Sep 2024 | ₹ 400 | — | 20% | — | — |
Hyundai Motor India IPO dates
Key dates from opening to listing. Today is 14 November.
- Open 15 Oct 2024
- Close 17 Oct 2024
- Allotment 18 Oct 2024
- Refund/credit 21 Oct 2024
- Listing 22 Oct 2024
Hyundai Motor India IPO actual listing price
How the grey market's final call compared with the listing-day open.
| Issue price | ₹1960 |
|---|---|
| Listing gain / loss | −₹26 per share |
| Listing date | 22 Oct, 2024 |
| Actual listing price | ₹1934 (-1.33%) |
Is Hyundai Motor India IPO GMP reliable?
Grey market premium for Hyundai Motor India IPO should be interpreted with caution. The GMP is an unregulated, unofficial market not governed by SEBI. Here's how to read the current signal:
- 01Subscription rate matters: A high GMP paired with strong subscription — especially QIB (Qualified Institutional Buyer) oversubscription — is a more reliable bullish signal than GMP alone. Read our in-depth analysis: GMP vs Subscription Data — Which Predicts Listing Gains Better?
- 02Timing matters: GMP in the first 1–2 days of subscription is less reliable. GMP on the final subscription day and the day before listing tends to be the most accurate predictor.
- 03Grey market is thin: For smaller IPOs, even a handful of large orders can swing the GMP significantly. Treat low-volume GMP signals with extra caution.
- 04Cross-check before acting: Review the Hyundai Motor India IPO full review for a fundamentals-based assessment before making any grey market trades.
Hyundai Motor India IPO Kostak rate explained
Two ways the grey market trades an IPO application before listing.
The Kostak rate for Hyundai Motor India IPO was not available during the subscription period. Kostak is the fixed amount a grey market buyer pays for an IPO application regardless of allotment outcome.
The Subject to Sauda price was not available for this IPO. Subject to Sauda only applies if allotment is confirmed — the buyer pays a premium on top of the issue price per lot allotted.
Grey market trading is unofficial and unregulated by SEBI. Proceed with full awareness of the associated risks.
About Hyundai Motor India IPO
Hyundai Motor India Limited was incorporated on 6 May 1996. It makes and sells four-wheeler passenger vehicles and parts such as transmissions and engines, in India and abroad.
Its portfolio includes 13 passenger vehicle models across sedans, hatchbacks, SUVs and battery EVs. As per CRISIL, it has been the second largest auto OEM in the Indian passenger vehicle market by domestic sales since Fiscal 2009.
It is part of the Hyundai Motor Group, the third largest auto OEM in the world by passenger vehicle sales in CY2023. Its promoter is Hyundai Motor Company.
The IPO was Rs 27,858.75 crore, and was entirely an offer for sale by Hyundai Motor Company, so the company received none of the money.
Frequently asked
What is the GMP of Hyundai Motor India IPO?
The current Grey Market Premium (GMP) of Hyundai Motor India IPO is not yet started or active in the market.
What is the Kostak Price of Hyundai Motor India IPO?
Kostak rate is the profit made by selling an IPO application before allotment. The current Kostak rate for Hyundai Motor India IPO is not available.
What is the Subject to Sauda Price of Hyundai Motor India IPO?
Subject to Sauda is the premium amount decided if the allotment is confirmed. The current Subject to Sauda rate is not available.
What was the actual listing price of Hyundai Motor India IPO?
Hyundai Motor India IPO listed on October 22, 2024 at ₹1934, against the issue price of ₹1960 — a loss of -1.33%.
How did the GMP of Hyundai Motor India IPO trend before listing?
The GMP of Hyundai Motor India IPO was falling in its final days before listing. The GMP peaked at ₹400 on 30 September 2024. View the day-wise table above for the complete GMP history.
Explore Hyundai Motor India IPO further
The grey market is one signal. Read it alongside the demand, the reviews and the filings before you decide.
It has listed — go back to the fundamentals.
Category-wise demand from QIB, NII and retail investors, updated through the day.
What brokers and analysts are saying about this issue, in one place.
Check with your PAN whether shares were credited to your demat account.
The grey market called it. Now check the fundamentals.
IPO Guru tracks GMP, subscription and allotment for every Mainboard and SME issue. Read the grey market alongside the subscription book and the offer document before you apply.
Not investment advice. Grey market premium is an unofficial, unregulated indicator and is not a forecast.
