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Tag: Hyundai Motor IPO

Hyundai Motor India’s IPO sees muted response from retail investors, issue subscribed 2.37 times

Posted on October 17, 2024 By admin
Hyundai Motor India’s IPO sees muted response from retail investors, issue subscribed 2.37 times

The Hyundai Motor India IPO which was a 100% offer for sale by its parents opened for subscription on Tuesday in the price band of ₹1,865 and ₹1,960 per share. File. | Photo Credit: Reuters India’s biggest ever Initial Public Offering (IPO) of Hyundai Motor India Ltd., the bidding for which ended on Thursday. received lukewarm…

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Business

Hyundai Motor India’s record ₹27,870 crore IPO fully subscribed

Posted on October 17, 2024 By admin
Hyundai Motor India’s record ₹27,870 crore IPO fully subscribed

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…

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Business

Hyundai Motor India’s ₹27,870 crore IPO subscribed 9% so far on Day 1

Posted on October 15, 2024 By admin
Hyundai Motor India’s ₹27,870 crore IPO subscribed 9% so far on Day 1

File picture of Hyundai Motor India logo | Photo Credit: Reuters The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, received 9 per cent subscription during the initial hours of bidding on Tuesday (October 15, 2024). The ₹27,870 crore initial share sale received bids for 89,92,522 shares…

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Business

Hyundai to launch India’s largest-ever IPO of ₹27,870 crore next week; aims ₹1.6 lakh crore valuation

Posted on October 9, 2024 By admin
Hyundai to launch India’s largest-ever IPO of ₹27,870 crore next week; aims ₹1.6 lakh crore valuation

Image for representational purposes only. | Photo Credit: REUTERS South Korean automaker’s Indian arm Hyundai Motor India Ltd will launch the largest initial public offering (IPO) in the country’s history next week, aiming to raise ₹27,870 crore (about $3.3 billion). This IPO will surpass the ₹21,000 crore offering by Life Insurance Corporation of India (LIC)…

Read More “Hyundai to launch India’s largest-ever IPO of ₹27,870 crore next week; aims ₹1.6 lakh crore valuation” »

Business

Hyundai Motor India IPO green-lit by SEBI

Posted on September 25, 2024 By admin
Hyundai Motor India IPO green-lit by SEBI

Representational image of a Hyundai car at a showroom in Delhi. | Photo Credit: Reuters Hyundai Motor India has obtained approval for its initial public offering from the Securities and Exchange Board of India (SEBI), according to two sources familiar with the situation. The South Korean automaker plans to raise $3 billion at a roughly…

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Business

Hyundai seeks expansion, higher valuation with India IPO

Posted on February 14, 2024 By admin
Hyundai seeks expansion, higher valuation with India IPO

Hyundai has appointed bankers for the initial public offering which could be India’s biggest ever, and the company’s first listing outside South Korea. File | Photo Credit: PTI Hyundai Motor’s planned $3 billion IPO in India will help the carmaker score two goals in one go: expand in one of the world’s fastest growing markets…

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