Hyundai Motor India’s IPO allotment was expected on October 18, 2023, following strong investor interest. The IPO aimed to raise funds for expansion and featured a notable Gray Market Premium (GMP), indicating positive sentiment about its listing price. Investors were provided with steps to check their allotment status online, typically through the registrar’s website by entering details like the application number and PAN. The article likely emphasized the overall performance of the IPO market and Hyundai’s reputation, which significantly influenced investor decisions.
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