"Hyundai Motor India’s Historic IPO Launch"

"Hyundai Motor India is set to launch its IPO on October 15, 2024, aiming to raise ₹27,870 crore, the largest in India's history."

"Price band: ₹1,865 to ₹1,960 per share. IPO size: ₹27,870 crore, surpassing LIC’s record ₹21,000 crore."

IPO Price and Size

IPO Price and Size

– "Bidding: October 15-17, 2024." – "Lot Size: Minimum 7 shares, starting at ₹13,720." – "QIBs: 50%, Retail: 35%, NIIs: 15%."

Key Subscription Details

Flight Path

"Established in 1996, Hyundai is India’s second-largest carmaker. It reported a net profit of ₹1,489.65 crore in June 2024."

Hyundai Motor India Background

 "Market cap may reach ₹1.6 lakh crore. Analysts expect Hyundai’s strong sales and market position to attract premium valuations."

Market Impact and Expectations