Hyundai share price live updates: Shares extend losses after tepid listing

Hyundai Share Price Live Updates: Today marks the debut of Hyundai Motor India Ltd on the Indian stock market. Hyundai Motor India Ltd’s IPO underwriting took place from October 15 to 17, and the IPO allotment process was completed on October 18. Hyundai Motors Today share price will be listed on stock exchanges, BSE and NSE.

An automaker is conducting its first share sale in more than 20 years, which comes after Japanese automaker Maruti Suzuki went public in 2003. The South Korean automaker predicts the share listing will improve its visibility and brand image, as well as offering liquidity and a public market for shares.

Hyundai India Motors’ IPO barely made it past the three-day window due to a lukewarm response from retail investors. India’s biggest IPO was subscribed 2.37 times in the last day, with qualified institutional buyers (QIBs) coming to the rescue as the issue neared its end.

Stay tuned for the latest GMP, listing details, expert opinions and more.