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MUMBAI: Hyundai Motor India‘s IPO, the country’s largest-ever, has been fully subscribed, paving the way for the listing of the company next week. Hyundai’s Rs 27,870 crore IPO was oversubscribed nearly 2.4 times at the end of the last day of bidding, despite wariness from retail investors. Institutional buyers, led by foreign investors, drove demand […]
The initial public offering of Hyundai Motor India Ltd, the Indian subsidiary of South Korean automaker Hyundai, saw an 18 percent subscription on its first day of bidding on Tuesday. According to the data released by the National Stock Exchange, the Rs 27,870 crore initial share sale received bids for 1,77,89,457 shares against 9,97,69,810 shares […]
Hyundai IPO: Analysts have noted that the issue pricing leaves little room for a strong listing. Hyundai IPO GMP: Investors considering Hyundai Motor India’s record-breaking initial public offering (IPO) should be prepared to hold the stock for at least a year to achieve substantial returns. Analysts anticipate a modest listing for the country’s second-largest car […]
MUMBAI: Hyundai Motor India has raised Rs 8,315 crore, about 30% of the nearly Rs 27,900 crore targeted through its initial public offering, from 225 anchor investors led by Singapore govt entities and various funds.The IPO, which is the largest in the history of Indian capital markets, will open for subscription on Tuesday.Govt of Singapore […]
Hyundai IPO price does not provide significant valuation comfort compared to Maruti. (AI image) Hyundai IPO: Hyundai Motor India (HMI), the second-largest passenger vehicle (PV) manufacturer in the country, is set to raise a substantial amount of capital through an offer for sale (OFS). The promoter, Hyundai Motor Company (HMC) of South Korea, will reduce […]
NEW DELHI: IPO-bound Hyundai Motor India Ltd will explore opportunities for exporting its upcoming electric vehicles from the country to other similar markets to enhance its position as a production hub for emerging markets, according to a senior company official. The company is lining up four electric vehicles to be launched in future, including the […]
He was responding to a query on whether the company will export its EVs planned to be launched in India in the future. 3 min read Last Updated : Oct 13 2024 | 10:45 AM IST IPO-bound Hyundai Motor India Ltd will explore opportunities for exporting its upcoming electric vehicles from the country to […]
4 min read Last Updated : Oct 12 2024 | 11:52 AM IST Hyundai Motor India Ltd (HMIL), which is set to debut on Indian stock exchanges on October 22, has allocated Rs 32,000 crore for its expansion in India between 2023 and 2032, according to a report by Moneycontrol. The Indian subsidiary […]
NEW DELHI: A senior official of Hyundai Motor India Ltd (HMIL) said that the automaker is looking to indianise its operations with its upcoming Rs 27, 870 crore, he country’s largest initial public offering (IPO) to date.“We have been in India now for more than 26 years. We have a very high market share. We […]
Tarun Garg, chief operating officer of Hyundai Motor India (HMIL) 3 min read Last Updated : Oct 11 2024 | 4:28 PM IST The upcoming Rs 27,870 crore initial public offering of the Indian arm of South Korean automaker Hyundai, the first such instance of the company listing its subsidiary in an overseas market, […]
