Ahead of IPO, Hyundai India GMP crashes over 70% from highs

 



Investors are eagerly anticipating the initial public offering (IPO) of Hyundai Motor India, which announced its price band earlier today. The subscription period will open on October 15 and close on October 17.

After the price band announcement, the company's grey market premium (GMP) remains stable at Rs 147. Based on the upper price band of Rs 1,960, the stock is projected to yield modest gains of around 7% if current trends continue.

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