Hyundai Motor India IPO: The much-awaited mainboard initial public offering (IPO) of leading auto major Hyundai Motor India will open for subscription in India’s primary market on Tuesday, October 15, 2024. Shares of the auto major will hit D-Street on October 22, 2024. The public issue will remain open for bidding for all investor groups until Thursday, October 17, 2024.
The IPO of the Indian subsidiary of South Korea’s Hyundai Motor Company is set to become the largest public issue in India, surpassing the Life Insurance Corporation’s (LIC) IPO worth ₹21,000 crore, which opened for bidding in May 2022. Hyundai Motor India IPO is also one of Asia’s biggest IPOs recently.