Hyundai Motor India Limited (HMIL) announced korisa plans for akta initial public offering (IPO) of aitu laga equity shares, set asa to open hobo on October 15, 2024 ta. IPO laga price band fixed hoisa between ₹1,865 aru ₹1,960 per share, with bids available asa in multiples of seven equity shares ta. Anchor investor bidding commence hobo akta day prior ta, on October 14 ta.
Offering consists asa of akta offer for sale of up to 142,194,700 shares by Hyundai Motor Company pora, promoter selling shareholder. Importantly, HMIL aku proceeds receive no-koribo from aitu offering pora. IPO expected asa to attract significant interest k, especially among qualified institutional buyers (QIBs), as 50% of net offer allocated kora hobo tai khan k.
Guwahati akta growing appetite dekhisa for automotive investments karona, reflect kora region laga increasing consumer base aru economic development k. As automobiles demand rise hobo, Hyundai laga IPO further enhance koribo para aitu laga visibility aru brand equity aitu expanding market ta. Potential investors k advised kora hoisa to review risk factors detailed in Red Herring Prospectus (RHP) ta filed with Registrar of Companies (RoC) on October 8, 2024 ta, jun to accessed koribo para via SEBI aru stock exchange websites ta.
