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Hyundai IPO to be listed today

The listing of the Hyundai Motor IPO is set for tomorrow on both the bourses — the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). To estimate the listing price, investors are now keenly watching the grey market...
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The listing of the Hyundai Motor IPO is set for tomorrow on both the bourses — the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). To estimate the listing price, investors are now keenly watching the grey market premium (GMP).

According to analysts, the company’s shares were attracting a premium of 3.42 per cent in the unofficial market. The GMP, an unofficial indicator of potential listing price, stood at Rs 67, suggesting a listing price of Rs 2,027.

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