Hyundai Motor India's Rs 27,870-crore initial public offering (IPO) saw a steady response on first day of subscription with 18 percent of the overall offer getting subscribed.

India’s unregulated gray market is indicating that the excitement around Hyundai Motor India Ltd.’s $3.3 billion initial public offering — poised to be the country’s biggest ever — is cooling.Shares of Hyundai Motor Co.

Investors should consider holding Hyundai Motor India shares for at least a year to achieve substantial returns. Despite a modest listing

Hyundai Motor India IPO opened on October 15, with an 18% subscription rate. The company aims to raise ₹27,870 Cr through an Offer for Sale. Experts warn of overpriced valuations and advise investors to consider long-term prospects amidst market fluctuations.

The total response for the IPO as of 4 pm IST was for 1.68 crore shares as against the offer size of 9.97 crore shares, showing a subscription level of 17 per cent.

As of 3:15 pm, the Employee Reserved portion of the IPO was subscribed the most at 69% followed by retail portion which was subscribed 24%.

Hyundai Motor India's ₹27,870 crore IPO receives 9% subscription, largest in India, open for public subscription till October 17.

Hyundai India's Rs 27,870 crore IPO opens for subscription today, with bids accepted until October 17. The IPO is a complete offer for sale by Hyundai Motor Global, with funds aimed at R&D and innovation.

According to stock market observers, shares of the company are available at a premium of ₹65 in the grey market today

The eagerly awaited mainboard initial public offering (IPO) of Hyundai Motor India is scheduled to open for subscription today. The shares of the automotive giant will be listed on D-Street on October 22,

Hyundai Motor India is on track to create the history in the India's capital markets by launching the biggest ever IPO after the Life Insurance Corporation's Rs 21,000-crore offer in 2022. Here are 10