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Mr. Garg becomes the first Indian national to take on this leadership role within HMIL, since the company’s establishment 29 years ago. | Photo Credit: Special Arrangement Hyundai Motor India Limited (HMIL) has announced the appointment of Tarun Garg as the next Managing Director and Chief Executive Officer of the company, subject to approval of…
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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…
Read More “Hyundai India’s Shares Fall 1.3% In Debut Trade After Record $3.3 Billion IPO” »
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),…
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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” »