History is going to be made on 14th October. Hyundai Motor India IPO will open for anchor investors on this day. This will be the biggest IPO in the history of the country. The size of Hyundai Motor India’s IPO is Rs 28,870 crore. Let us tell you, apart from this company, IPOs of many companies are opening next week. Let us know about them –
Hyundai Motor India’s IPO will be bigger than LIC IPO
The IPO of government insurance company LIC India came in 2022. The size of the company’s IPO was Rs 21,008 crore. Earlier, Paytm’s IPO came in 2021. The size of Paytm’s IPO was Rs 18,300 crore. At the same time, Coal India had its IPO in 2010. The size of Coal India’s IPO was Rs 15,199 crore. The size of Hyundai Motor India’s IPO will be bigger than these big companies.
1- Anchor investors will be able to place bets on Hyundai Motor IPO on October 14.
The price band of Hyundai Motor India’s IPO has been fixed at Rs 1865 to Rs 1960 per share. The company’s IPO will open for anchor investors on October 14. Retail investors will be able to place bets there from October 15. At the same time, the IPO will close on October 17. The company will issue 14.2 crore shares through offer for sale. Let us tell you, the company has given a discount of Rs 186 on every share for the employees.
2- Lakshya Pwoertech IPO
This SME segment IPO will open on October 16. Investors will have the chance to place bets till October 18. The company will try to raise Rs 50 crore through IPO. The IPO will be completely based on fresh issue. Let us tell you, the price band of IPO is Rs 171 to Rs 180 per share. The company will be listed in NSE.
3- Freshara Agro Exports IPO
The price band of this IPO has been fixed at Rs 110 to Rs 116. The IPO of the company will be based on fresh issue. The size of the IPO is Rs 75.40 crore. Let us tell you, the IPO will open on 17th October. The listing of this IPO will also be in NSE.
