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 concluded with a healthy subscription of 2.37 times even as the broader market faltered amid a market ...
QIBs portion subscribed 6.97 times. Retail individual investors shun issue as subscription lagged at 0.5 times after premium ...
Hyundai Motor India launches a record $3.3-billion IPO, concluding with complete subscription by institutional investors.
Hyundai India has already raised Rs 8,315 crore through anchor allocation, leaving Rs 19,555 crore for public bidding in ...
The public issue of Hyundai Motor India, which enjoys the second-largest share of the country's passenger vehicle market, is ...
Hyundai Motor IPO's Grey Market Premium (GMP) is significantly subdued at under 1%. The issue closes on October 17 and all ...
Another user added, "Hyundai's promoters launch India's largest IPO ($3B) via 100% offer-for-sale, diluting stake without ...
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