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#HyundaiIPO #IPOAlert #StockMarket #HyundaiMotors #AutomobileIPO At a press conference, Hyundai Motor India's top management announced the upcoming IPO, set to open next week. Priced between Rs 1,865 and Rs 1,960 per share, the IPO is expected to value the automaker at up to Rs 1.6 lakh crore, making it the largest stock offering in India this year. The Rs 25,000 crore IPO will open for institutional investors on October 14, followed by retail subscriptions from October 15-17. Hyundai’s listing will mark the first time a carmaker has gone public in India since Maruti Suzuki’s IPO in 2003. The stock is expected to debut on the Mumbai exchange on October 22. Notably, Hyundai’s South Korean parent company will be selling up to 17.5% of its stake through the "offer for sale" route, with no new shares issued. This IPO comes as Indian stock markets reach record highs, attracting multiple companies to make public debuts. #businessnews #IndianStockMarket #HyundaiIndia #StockDebut #IPO2024 #InvestmentOpportunity #HyundaiListing #RetailInvestors #InstitutionalInvestors #OfferForSale #StockMarketLaunch #IPOWatch #AutoIndustry #MumbaiExchange #IndianAutomotive #CapitalMarkets ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: / businesstoday twitter: / business_today Instagram: / business_today