Hyundai Motor India's shares debuted 1.3% lower in pre-open trade on Tuesday after a tepid response from retail investors to its record $3.3 billion initial public offering. The stock listed at 1,934 rupees on the National Stock Exchange,

This is the first IPO for a unit of the South Korean automaker outside South Korea. Unlike a traditional IPO, in which a firm sells fresh shares, Hyundai Motor India's listing is

Hyundai Stocks Today, Hyundai Shares Live, Hyundai Motors India IPO listing today: Shares of Hyundai Motor India will list on bourses shortly. Global brokerage Macquarie has initiated coverage on Hyundai Motor India with an outperform rating.

Shares of Hyundai Motor made a muted debut on the bourses on Thursday, October 17 as they listed at ₹1,934 on NSE, a discount of 1.3 percent over the issue price of ₹1,960. Meanwhile, on BSE, it listed at ₹1931,

The grey market premium for Hyundai IPO has dropped to 2%, with shares trading at a premium of Rs 45-50 above the issue price of Rs 1,960. This represents a decline from the earlier peak of 5%, though it also reflects a recovery from yesterday dip of -3%.

Hyundai Motor India sets a new IPO record, raising $3.3 billion. Institutional investors led the oversubscribed listing, while retail interest remained muted.

The Hyundai Motor India IPO is an offer for sale, meaning Hyundai Motor Company will be the sole recipient of the funds raised.

Last heard, Hyundai Motor India was commanding a grey market premium of Rs 20-25 per share, suggesting a loss of around one per cent for the investors.

Shares of Hyundai Motor India Ltd. are set to start trading in Mumbai on Tuesday after a $3.3 billion initial public offering that was the South Asian nation’s largest ever.