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India, Hyundai
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 IPO Day 3: Issue subscribed 2.37x; institutional investors drive demand; check GMP
As per BSE data available on Thursday, the category reserved for qualified institutional buyers (QIBs) got bids of a whopping 6.97 times and the portion for employees was subscribed 1.74 times.
Hyundai IPO: QIBs rescue India's biggest-ever offer
QIBs portion subscribed 6.97 times. Retail individual investors shun issue as subscription lagged at 0.5 times after premium in the gray market nosedived.
LIVE
29m
Hyundai IPO Day 3 Live Update: Issue booked 2.37x so far, QIB portion fully subscribed; GMP falls on last bidding day
Hyundai Motor India intends to generate ₹27,870.16 crore through a book-built issue, which comprises a complete offer for ...
moneycontrol.com
7h
Hyundai IPO last day today: Will India's largest public issue hit Rs 1 lakh crore bids? Check subscription update
Hyundai
India
has already raised Rs 8,315 crore through anchor allocation, leaving Rs 19,555 crore for public bidding in ...
5h
on MSN
Hyundai Motor India set to price shares at top of range to raise $3.3 billion, sources say
Hyundai Motor India is set to price its shares at 1,960 rupees to raise $3.3 billion in its initial public offering, ...
Observer
2d
India’s IPO Market Is on a Hot Streak, With New Record Set By a Korean Carmaker
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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