Hyundai IPO, India's biggest, gets $5.5 bln in bids despite subdued retail interest
A $3.3-billion initial public offering by Hyundai Motor India was fully subscribed on the final day of bidding on Thursday, with domestic banks and mutual funds buying into the country's first automaker to go public in two decades.
Hyundai Motor India intends to generate ₹27,870.16 crore through a book-built issue, which comprises a complete offer for ...
Hyundai India has already raised Rs 8,315 crore through anchor allocation, leaving Rs 19,555 crore for public bidding in ...
Investors placed bids for 236 million shares worth ₹46,320 crore in the issue, against the 99.8 million shares worth ₹19,555 crore (excluding anchor allotment) offered by Hyundai Motor India's South ...
The $3.3 billion initial public offering of Hyundai Motor Co.’s Indian unit has struggled to attract investors amid weakening sentiment in the broader market.
Hyundai Motor India's $3.3-billion initial public offering was oversubscribed by more than two times on Thursday attracting ...
Hyundai, India’s second-largest carmaker (behind Maruti Suzuki) with a 15 percent market share, plans to use the IPO proceeds ...
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