Hyundai IPO

Hyundai Motor India's much-anticipated initial public offering (IPO) has finally arrived, and it's shaping up to be a blockbuster event. The company, a subsidiary of South Korean automotive giant Hyundai Motor Company, is looking to raise up to ₹19,000 crore ($2.4 billion) through the sale of new shares.

The IPO is open for subscription from October 14 to October 17. The price band has been set at ₹1,865 to ₹1,960 per share, valuing the company at up to ₹1,30,000 crore ($16.5 billion).

Hyundai Motor India is one of the leading car manufacturers in India, with a market share of over 17%. The company has a strong track record of profitability and growth, and its IPO is expected to be well-received by investors. After all, who wouldn't want a piece of the Hyundai pie? After all, this is the company that brought us classics like the Santro, i10, and Creta.

The proceeds from the IPO will be used to fund the company's expansion plans, including the development of new products and technologies, and the expansion of its production capacity.

If you're looking to invest in a solid company with a bright future, then Hyundai Motor India's IPO is definitely worth considering. Just be sure to do your research and invest wisely.

Here are some key details about the IPO:

Issue size: Up to ₹19,000 crore
Price band: ₹1,865 to ₹1,960 per share
Issue period: October 14 to October 17
Listing date: October 22

So, what are you waiting for? Get your hands on some Hyundai shares today!