Hyundai IPO subscribed 18% on  day 1; retail portion booked 26%; check full subscription status, GMP, other details | Stock Market News

Hyundai IPO subscribed 18% on day 1; retail portion booked 26%; check full subscription status, GMP, other details | Stock Market News

Source: Live Mint India’s second-largest OEM Hyundai Motors initial public offering (IPO), which opened for subscription on October 15, was subscribed only 18 per cent or 0.18 times on the first day of bidding. The issue received bids for over 1.77 crore shares, compared to the 9,97,69,810 shares available for subscription. Retail investors took the…

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