![Hyundai IPO Peer Comparison](/_astro/hyundai-peer-comparison.0H3Y2Xri_1PdpNs.webp)
Hyundai IPO Peer Comparison
- 8sapience
- IPO , Main Stream IPO
- 10 Oct, 2024
Data as on : October 10, 2024
Hyundai IPO Details: India’s largest IPO: Hyundai Motor India (Rs. 25,000 Cr)
Notably, the IPO will also mark the first carmaker to go public in two decades since Maruti Suzuki in 2003.
Hyundai Motor India’s IPO is set to open next week, with a price band of ₹1,865 to ₹1,960 ($22 to $23) per share, valuing the automaker at up to $19 billion.
This will be India’s largest stock offering this year and Hyundai’s first stock market listing outside South Korea.
Here are some key details about the IPO:
- IPO Size: Rs. 25,000 Cr ($3 billion)
- Price Band: ₹1,865 to ₹1,960 ($22 to $23) per share
- Listing Date: October 22
- Valuation: Up to $19 billion
This IPO is significant for Hyundai, as it looks to reclaim market share from domestic rivals by expanding its SUV lineup.
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Disclaimer - For education purpose, not buy/sell recommendation.