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Rohan Saha

Founder - Burn Inves... • 7m

The Hyundai India IPO is not performing as well as expected. By the end of Day 2, it has only received 42% subscription, with the retail segment booking at just 38% so far. The GMP (Grey Market Premium) is also declining, currently at ₹35, which is just a 2% premium. It seems people are not interested in profitable companies these days. Let’s see what happens on the listing day, October 22.

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