Hyundai India IPO subscribed 20% on Day 2 so far. GMP rises to 3%. Check details

October 16, 2024

Hyundai India’s Rs 27,870 crore IPO was subscribed 20% by the second day. Retail investors led with 29% subscription. The offer is an OFS with all proceeds going to Hyundai Motor Global. Analysts recommend subscribing for long-term gains citing Hyundai’s strong brand and growth prospects.

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