Historically, many of India’s largest IPOs have struggled to deliver meaningful returns to investors. Major offerings, including Paytm, Reliance Power, General Insurance Corporation of India, and New India Assurance,

StoxBox said the recent depletion of Hyundai Motor India's cash and bank balances following hefty dividends by the Indian entity to its South Koran parent raises doubt about its expansion plans.

Hyundai Motor India's IPO opens for subscription on October 15, closing on October 17, aiming to raise ₹27,856 crore.

One of India's largest and most awaited initial public offerings (IPO) — Hyundai Motor India IPO — is slated to open for subscription on Tuesday, October 15, and will conclude on Thursday, October 17, 2024. Amid the buzz, brokerage firm Mirae Asset has highlighted some risks that investors should consider before subscribing to the IPO.

Chennai-based Hyundai Motor India is selling its shares in the price band of Rs 1,865--1,960 apiece. Investors can apply for a minimum of 7 shares and its multiples thereafter.

India is preparing to launch its Initial Public Offering (IPO) soon, marking a significant milestone for the company. As one of the largest car manufacturers in India, Hyundai's upcoming IPO has generated considerable excitement among investors.

The highly anticipated IPO of Hyundai Motor India Ltd. opened for subscription on Tuesday and will be available to investors until October 17. The issue is a complete Offer For Sale (OFS) where the company's South Korean parent will be selling 14.

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.