Hyundai IPO, India's biggest, gets $5.5 billion in bids
Hyundai IPO, India's biggest, gets $5.5 billion in bids despite subdued retail interest
By Nandan Mandayam, Hritam Mukherjee and Aditya Kalra (Reuters) -Hyundai Motor India's $3.3-billion initial public offering was oversubscribed by more than two times on Thursday attracting aggressive bidding from institutional investors,
Hyundai Motor India Vs LIC: 2 Biggest IPOs In India Struggle With Subscription, What Causes Dull Response?
The much-anticipated Hyundai Motor India IPO has captured headlines as the largest-ever IPO in India and the second-largest globally in 2024. Despite its size and prominence, the offering fell short of expectations on the retail front,
Hyundai Motor India’s IPO sees muted response from retail investors, issue subscribed 2.37 times
India’s biggest ever Initial Public Offering (IPO) of Hyundai Motor India Ltd., the bidding for which ended on Thursday. received lukewarm response from retail investors but was subscribed 2.37 times helped by Qualified Institutional Buyers (QIBs).
Hyundai Motor India's record $3.3 billion IPO oversubscribed on final day
The $3.3-billion IPO of Hyundai Motor India, the country's largest yet, was fully subscribed on its final day on Thursday, as big institutional investors bid aggressively, though pricing concerns deterred retail investors.
Hyundai Motor India IPO Prospects Dim in Gray Market Trading
India’s unregulated gray market is indicating that the excitement around Hyundai Motor India Ltd.’s $3.3 billion initial public offering — poised to be the country’s biggest ever — is cooling.
Hyundai India: Each retail investor to drive home shares in India's biggest IPO? Check allotment status online
India's biggest public issue - Hyundai IPO - witnessed the worst retail subscription among the biggest 5 offers the country has seen. The retail portion was subscribed just 50 per cent. For Life Insurance Corporation (LIC),
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: India's biggest IPO sees dull response from retail investors; experts decode key reasons
Hyundai Motor India IPO, the largest in India for 2024, faced low retail interest, with only 50% of its portion subscribed. The offering was entirely an offer for sale, raising concerns about its valuation,
India's IPO record shattered with $5.5 billion launch
India is the world's third-largest auto market, set for further huge growth before the end of the decade. The South Korean auto giant Hyundai launched its initial public offering on Tuesday, billed as India's biggest stock market debut,
Hyundai Motor India IPO Allotment Today: How to Check Status
The allotment of shares for Hyundai Motor India’s IPO, the largest in India’s history, is scheduled for today. The IPO is a book-built issue of ₹27,870.16 crores and entirely an offer for sale of 14.22 crore shares.
Hyundai Motor India IPO: What explains the sluggish demand from retail investors?
Hyundai Motor India set to price shares at top of range to raise $3.3 bln, 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, ...
Hyundai Motor India $3 Billion IPO: This Is How Netizens Reacted To Stake Dilution And Future Growth Concerns; Know More About It
Another user added, "Hyundai's promoters launch India's largest IPO ($3B) via 100% offer-for-sale, diluting stake without ...
Will Hyundai’s record IPO in India overcome tepid demand and deliver a strong debut?
Hyundai Motor Co.’s Indian arm is experiencing a rocky start as its monumental $3.3 billion initial public offering (IPO) ...
Hyundai India IPO subscribed 42% on Day 2, retail portion booked 38%; GMP continues to decline
Hyundai India shares will be listed on both NSE and BSE on October 22 while shares will be allotted to successful bidders on ...
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Hyundai Motor India’s record US$3.3 billion IPO oversubscribed on final day
The US$3.3-billion IPO of Hyundai Motor India, the country’s largest yet, was fully subscribed on its final day on Thursday ...
Hyundai IPO Day 2 LIVE Updates: Hyundai Motor issue sees slow demand; booked 30% so far. Check GMP, review, key details
Hyundai Motor India plans to raise ₹27,870.16 crore from the book-built issue which is entirely an offer for sale of 14.22 ...