Tag: Hyundai Motor

Hyundai India’s Shares Fall 1.3% In Debut Trade After Record $3.3 Billion IPO

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Hyundai India’s Shares Fall 1.3% In Debut Trade After Record .3 Billion IPO

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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Nation

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

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

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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)…

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Business