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 allotment on October 18; Here’s how you can check status
Investors can check the IPO allotment status on the website of Kfin Technologies. (Image: Reuters) Hyundai India IPO closed the issue with a total subscription of 2.37 times. The qualitative institutional investors saved the issue on the last day by subscribing to it almost 7 times.
Hyundai Motor India IPO: What explains the sluggish demand from retail investors?
The Rs 27,870 crore mega initial public offering (IPO) of India’s second largest carmaker, Hyundai Motor India Ltd (HMIL), closed on October 17 with an oversubscription of 237 per cent, or 2.4 times. The public issue received applications for 23.63 crore shares as against a total offering of 9.97 crore shares.
Hyundai Motor India intends to generate ₹27,870.16 crore through a book-built issue, which comprises a complete offer for ...
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Hyundai IPO oversubscribed as institutional investors weigh inHyundai Motor India’s IPO offering was oversubscribed by more than two times after attracting aggressive bidding from ...
Hyundai Motor India is set to price its shares at 1,960 rupees to raise $3.3 billion in its initial public offering, ...
Another user added, "Hyundai's promoters launch India's largest IPO ($3B) via 100% offer-for-sale, diluting stake without ...
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