DNN 
As of October 16, 2024, 1:15 PM, Hyundai Motor’s highly anticipated IPO has seen a subscription of 0.25 times across all categories. Despite high expectations, the response has been relatively subdued so far.
Here’s a breakdown of the subscription numbers:
Retail Investors: The retail category saw a subscription of 0.34 times. This segment, often a key indicator of general investor sentiment, is showing moderate interest.
Qualified Institutional Buyers (QIB): The QIB segment, comprising financial institutions and other large entities, has subscribed just 0.09 times. This lower-than-expected participation may suggest institutional investors are adopting a cautious approach.
Non-Institutional Investors (NII): High-net-worth individuals and entities in the NII category have subscribed 0.19 times, indicating a lukewarm response from this segment as well.
With the subscription window still open, it remains to be seen whether the IPO will pick up momentum in the coming days. Investors and market watchers are keenly observing how the situation unfolds for Hyundai Motor’s offering.
About The Author
