Wed Oct 09 05:22:55 UTC 2024: ## Hyundai Motor India’s IPO set to launch on October 14th, raising 25,000 crore rupees
**Kochi, October 4th, 2024:** Hyundai Motor India’s highly anticipated initial public offering (IPO) is expected to launch on October 14th, with the subscription window open for three days until October 16th. The IPO is expected to raise a whopping 25,000 crore rupees, making it one of the largest in recent times.
While the Securities and Exchange Board of India (SEBI) approved the IPO on October 24th, concerns remain regarding potential market volatility due to geopolitical tensions in the Middle East. The IPO pricing is expected to be announced by mid-next week.
The IPO has garnered significant interest from investors, eager to participate in Hyundai Motor India’s growth story. However, the current market climate adds an element of uncertainty to the proceedings.
First Piper 