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Hyundai IPO to be listed today

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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).

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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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