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Hyundai is India’s No. 2 carmaker with a 15% market share. Hyundai Motor India’s shares fell 2% in their market debut today, after a tepid response from retail investors to the country’s largest ever initial public offering. The stock listed at 1,934 rupees on the National Stock Exchange, compared to its issue price of 1,960…
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In FY 2023-24, Hyundai Motor India sold 7.77 lakh vehicles Mumbai: Hyundai Motor India Ltd’s initial public offering has been subscribed 2.34 times till 4 p.m. on its third and last day on Thursday as the qualified institutional buyers (QIB) portion in the IPO was subscribed nearly 7 times. According to the latest data (provisional),…
Read More “Hyundai Motor India Public Issue Subscribed Over 2 Times On Last Day” »
This is the largest IPO in the country, surpassing LIC’s initial share sale of ₹21,000 crore. | Photo Credit: Reuters The Initial Public Offering (IPO) of Hyundai Motor India Limited, the Indian arm of South Korean automaker Hyundai, got fully subscribed on the third day of the bidding on Thursday (October 17, 2024). The ₹27,870…
Read More “Hyundai Motor India’s record ₹27,870 crore IPO fully subscribed” »
