11 min read. Updated: 15 Oct 2024, 05:35 PM IST Hyundai Motor IPO Live Updates: Today marked a significant milestone for the country with the launch of the Hyundai Motor India IPO. As a wholly ...
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The public issue will close on Thursday, October 17, 2024. Hyundai Motor India IPO price band has been set at ₹1,865 to ₹1,960 per share. On the second day of subscription, the Hyundai Motor ...
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Take a peek inside the October issue on newsstands now.
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The issue is a complete offer for sale (OFS) of 14.2 crore shares, which will be offloaded by the company's parent, Hyundai Motor Global. Since the IPO is an OFS, all proceeds will go to the selling ...
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The GMP of Hyundai Motor shares have dropped from its peak of ₹570 on September 27 to ₹165 on October 10, indicating the listing price to be around ₹2,125, a premium of 8.4% over the issue price. The ...
Due to being OFS, the entire proceeds will go to the promoter. Ahead of the public issue, Hyundai Motor India raised Rs 8,315 crore from anchor investors on Monday. It allotted 4.24 crore shares ...