Hyundai Motor India is all set to launch one of the largest IPOs in the Indian market, targeting ₹25,000 crore valuation.
Hyundai Motor India IPO, with the issue size of 27,870.16 crore equity shares, making it larger than the LIC IPO.
IPO open date: October 15-17, 2024 Allotment Date: October 18, 2024 Listing Date: October 22, 2024
Shares are priced between ₹1865-₹1960. Retail investors can apply for at least 7 shares, requiring a minimum investment of ₹13,720.
The IPO is an Offer for Sale (OFS), where Hyundai Motor Company will sell 17.50% of its holding.