Hyundai IPO to Open Tomorrow: Should You Apply? Check Recommendations, Price, Lot Size

Hyundai Motor India Ltd (HMIL), the Indian subsidiary of South Korean automaker Hyundai, is launching its much-anticipated initial public offering (IPO) for public subscription starting today.

The Rs 27,870.2 crore IPO is a complete offer-for-sale (OFS) where Hyundai’s South Korean parent company will divest a portion of its stake. The offer will close on October 17.

Public Subscription Period: October 15 – October 17

Anchor Investor Bids: October 14