Hyundai Motor IPO: Hyundai Motor India Limited's Rs 25,000 crore IPO is expected to come on October 14. This will be the largest IPO of any automobile manufacturer in India. Hyundai has received approval from SEBI for this IPO, and it aims to raise capital in the market. This move can start a new chapter in the Indian automobile industry.

IPO date

Hyundai Motor India Limited's Rs 25,000 crore IPO may come on October 14. This will be India's largest IPO.

previous record

Earlier, the biggest IPO was that of the Life Insurance Corporation of India (LIC). It was worth Rs 21,000 crore.

approval process

Hyundai had applied for an IPO in June. The Securities and Exchange Board of India (SEBI) approved it on 24 September.

Sale of shares

14,21,94,700 shares will be sold in this IPO. All these shares will be sold by Hyundai Motor Company. No new shares will be issued in this.

Goal to raise money

Hyundai aims to raise three billion US dollars through this IPO. In Indian currency, this is approximately Rs 25,000 crore.

Information about the company

Hyundai Motor India began operating in India in 1996. Today it sells 13 models.

Changes in the market

This IPO is important because, in the last 20 years, no automobile manufacturer has brought an IPO. This will be the first time that an automobile manufacturer will enter the market. Earlier, Japan's Maruti Suzuki had brought an IPO in 2003.

Opportunities for investors

This IPO can be a good opportunity for investors. This will further strengthen the automobile industry in the Indian market.

Company development

Hyundai Motor India has grown rapidly in the Indian market. It sells its vehicles in different categories. This gives the customer more options.

future prospects

After the IPO, Hyundai Motor India's position will be stronger. Investors can look at this positively.

It is worth noting that this IPO of Hyundai can start a new chapter in the Indian automobile industry. This will not only provide funding to the company, but will also increase competition in the Indian market. Hyundai Motor India's IPO has become a topic of much discussion in the market. It can prove to be profitable for many investors in the coming times.