Hyundai Motor India's IPO had a disappointing start on Indian stock exchanges, as it listed at a lower price than its issue price. This has raised concerns about the future performance of the stock, especially considering factors such as festival season sales and quarterly earnings results.
On the other hand, Waaree Energies' IPO has received strong interest from retail investors and was fully subscribed on its first day. The grey market premiums indicate that Waaree is expected to list at a significant premium to its IPO price, highlighting a clear contrast in investor sentiment between the two offerings.