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India's biggest-ever IPO by Hyundai to raise over ₹27,700 crore opens
short by Pragya Swastik / on Monday, 14 October, 2024
India's biggest-ever IPO by Hyundai Motor India to raise $3.3 billion (over ₹27,700 crore) opened on Monday. Institutions can bid for the stock from Monday while retail and other investors can place orders on Tuesday and Wednesday. There will be 142,194,700 shares on offer in a price band of ₹1,865-1,960. Hyundai will not issue new shares in the IPO.
read more at Reuters