Hyundai Motor India's Rs 27,870 Cr IPO received 9% subscription on Day 1.The IPO received bids for 89,92,522 shares against 9,97,69,810 on offer.Retail Individual Investors subscribed to 15%, while non-institutional investors subscribed to 6%.This is the largest IPO in India, surpassing LIC's initial share sale of Rs 21,000 crore.