Hyundai Motor IPO Live Updates: Hyundai IPO subscribed 237% on Day 3; check GMP and listing details here

Hyundai Motor India’s IPO, which opened on October 15, 2024, and closes on October 17, 2024, has garnered significant attention. The IPO is entirely an offer for sale, with a price band set between Rs 1,865 and Rs 1,960 per share, valuing the company at Rs 1.6 lakh crore ($19 billion). Retail investors can subscribe with a minimum lot size of seven shares, requiring a minimum investment of Rs 13,720. The IPO’s allotment is expected to be finalized on October 18, 2024, with the listing date set for October 22, 2024. The Economic Times provides live updates on the IPO’s subscription status, grey market premium (GMP), and other relevant details. Investors are closely monitoring the IPO’s performance, given Hyundai’s strong market presence and the potential for significant returns. The IPO is seen as a crucial step for Hyundai Motor India to further Indianize its operations and expand its market footprint.