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Auto company Hyundai Motor India has come up with its IPO. The price band is fixed from ₹ 1865 to ₹ 1960 per share. The auto company aims to raise ₹ 27,870.16 crore from Hyundai Motor India IPO. At the same time, let us tell you that in the grade market, the company has a premium of Rs 65 per share on one share. This indicates one thing that the share can be listed at a price of Rs 2025 per share with a premium of Rs 65 on the upper price band ₹ 1960. Let us tell you that this is just an indication. This is not a guarantee of any kind. Therefore, before taking any decision, take the advice of your financial advisor.
3 important things related to Hyundai Motor IPO
(1) After applying for Hyundai Motor India's IPO, allotment of shares can happen on October 18. Shares are likely to come in the demat account on Friday. (2) Listing of shares can happen on October 22. Listing happens under T+3 rule, hence the date is 22 October.
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