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

Hyundai India's Rs 27,870 crore IPO saw 23% subscription by the second day, driven by retail investors. The IPO, entirely an offer for sale by Hyundai Motor Global, has a price band of Rs 1,865-1,960 per share. Analysts recommend long-term subscriptions due to the company's strong market presence and growth prospects.

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