Hyundai Motor India Launches Record-Breaking ₹27,000 Crore IPO

The IPO, set to open next week, marks Hyundai's first listing outside South Korea and India's largest ever public offering.

Hyundai Motor India is offering an IPO with a price band between ₹1,865 and ₹1,960 per share, valuing the company at up to ₹27,870 crore.
The IPO consists entirely of an offer for sale of up to 142,194,700 equity shares by the parent company, Hyundai Motor Company.
Hyundai's IPO will be open for subscription from October 15 to October 17, with anchor investor bidding starting on October 14.
The offering will make the Indian unit a key player in Hyundai's global strategy, aiming to establish India as a major manufacturing hub.
The IPO is expected to list on the BSE and NSE on October 22, with shares allocated to successful bidders by October 18.