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Hyundai sets price band at ₹1,865-1,960 for ₹27,870 cr IPO
The New Indian Express
|October 10, 2024
HYUNDAI Motor India on Wednesday announced the price band for its initial share sale worth ₹27,870 crore, making it the biggest-ever share sale in Dalal Street's history at ₹1,865-1,960 a share.
This will value the second-largest domestic carmaker at ₹1.59 lakh crore or a tad less than $19 billion, which is as much as 42% of its parent Hyundai Motor Corp's $44 billion current valuation.
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