The portion reserved for qualified institutional buyers was subscribed 142.41 times, while the non-institutional or high-net-worth investors’ segment was subscribed 35.47 times. The retail portion was subscribed 5.7 times.
Hyundai GMP indicates 3% loss for IPO investors on listing day
Hyundai Motor India’s shares currently trading at a discount to the issue price of Rs 1,960. The grey market premium (GMP) stands at Rs 1,903,