Hyundai India IPO subscribed 20% on Day 2 so far. GMP rises to 3%. Check details

Hyundai India IPO subscribed 20% on Day 2 so far. GMP rises to 3%. Check details

The Rs 27,870 crore initial public offer (IPO) of Hyundai India, which opened for subscription on Tuesday, was subscribed 20% so far on the second day of the bidding process. The issue received nearly 1.98 crore consolidated share bids versus 9,97,69,810 shares available for subscription. Retail investors led the way, subscribing to the issue by … Read more