Hyundai IPO: A Big Opportunity
Hello everyone! How are you all and what’s the situation?
Today we will talk about the Hyundai IPO, which is going to be a big event in the Indian market. For some time now, we have been seeing a new IPO every day in the market.
Mention of the Torpedo Strategy
We have taught you the Torpedo Strategy, which can help you make money. This strategy works when the market reaches its support level.
Current State of the Market
However, recently profit booking has slightly affected the market. The story of FII investments is also changing, and they are moving towards China.
War and Crude Oil Prices
If we talk about it, the situation of war and the concern over rising crude oil prices is also a major reason. However, this is a short-term story.
New SEBI Rules
SEBI‘s new rules are also gradually coming into effect. The market is now dependent only on sentiments, especially after the US elections.
Importance of the Hyundai IPO
After LIC, now Hyundai‘s IPO is coming. This IPO is expected to be around 27,700 crores.
Company Introduction
Established in 1996, the Hyundai group ranks third in the world. This company is also advancing in the sedan, hatchback, SUV, and EV segments.
Networking in India
Hyundai has established a 360 dealer network, which is boosting their sales in India.
Growth and Demand
When we talk about domestic and export growth, we are seeing a 45-65% CAGR.
Changes in the Industry
By 2024, we will see that the share of diesel and petrol is decreasing.
IPO Timeline
The Hyundai IPO is likely to open on October 14 and close on October 16. However, the price band and lot size are not yet clear.
Financial Landscape
The company’s financial data shows some declines, but revenue and net worth figures also show positive signs.
Conclusion
The Hyundai IPO is a golden opportunity and cannot be ignored. We will keep you updated with all the related information, so subscribe to our channel and share this video.
Thank you!