Hyundai IPO Opens Negative in Early Trading on NSE and BSE, Disappoints Interested Shareholders, Netizens React With Funny Memes
Hyundai's IPO debuted on October 22 at INR 1,934 on NSE and INR1,931 on BSE, a slight discount to the issue price of INR 1,960 .Due to the negative listing, several netizens and disappointed investors shared humorous memes across social media.
Hyundai IPO finally made its debut today, on October 22, at INR 1,934 on the NSE in India. The highly anticipated Hyundai Motor IPO received a negative response in early trading. The INR 1,934 price on the National Stock Exchange opened at a 1.3% discount on the issue of INR 1,960 price. On the BSE (Bombay Stock Exchange), it opened at 1.5% lower at INR 1,931. Looking at the negative Hyundai Motor IPO listings situation, various netizens reacted by posting funny memes. One user (@india_ipo) posted, "Management and lead managers are laughing at people who suggested negative listing time of listing." Another user (@GaurangBhardwa1) posted a picture of a father with a boy, suggesting his child invested in the IPO of Hyundai Motors India. A user (@Trendulkar) said those who bought Hyundai Motors IPO wishing to buy Creta would have to settle for second-hand Santro. An X user (@PurohitSanjeet) said, "Please Don't Panic, if it list in Discount! It will give chance to sell in profit may be today itself or after few days." Niva Bupa IPO: SEBI Gives Final Approval to Health Insurance Firm To Raise INR 3,000 Crore Through Initial Public Offering.
Hyundai IPO Funny Meme on Negative Listing
User Reacted With Funny Meme of Boy Telling His Kid Invested in Hyundai
People Cannot Buy Creta, Hardly Can Go for Second-Hand Santo, Said X User
'Please Don't Panic, if it list in Discount!', Posted X User
X User Said, 'Only the First 5 Min Sellers Made Money in Hyundai IPO So Far'
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