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 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 ...
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 public issue of Hyundai Motor India, which enjoys the second-largest share of the country's passenger vehicle market, is ...
Another user added, "Hyundai's promoters launch India's largest IPO ($3B) via 100% offer-for-sale, diluting stake without ...
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