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Hyundai Motor India, IPO
Hyundai’s record IPO is struggling to attract investors. Here's why
In two days, investors have subscribed for just 42% of the shares in Hyundai Motor India Ltd. being sold in the IPO, India’s largest ever. With the offering closing Thursday, the lackluster demand combined with weak gray market trading have lowered expectations for the stock’s debut.
Hyundai India's record $3.3 billion IPO subscribed 42% on 2nd day of bidding
Hyundai India's $3.3 billion IPO was subscribed in 42% on the second day of bidding on Wednesday, led mostly by employees, who were offered shares at a discount and already oversubscribed their part of the offer.
LIVE
Hyundai IPO Day 3 Live Update: Issue sees slow momentum, GMP falls on last bidding day
Hyundai Motor India intends to generate ₹27,870.16 crore through a book-built issue, which comprises a complete offer for sale of 14.22 crore shares from its South Korean parent, Hyundai Motor Company.
LIVE
3m
Hyundai IPO Day 3 Live Update: Issue booked 43% so far, GMP falls on last bidding day
Hyundai Motor India intends to generate ₹27,870.16 crore through a book-built issue, which comprises a complete offer for ...
HT Auto on MSN
45m
Hyundai Inster Cross EV revealed with rugged styling, 360 km range
The new Inster Cross gets rugged elements including more off-road-friendly styling cues, along with a few additional features ...
LIVE
The Financial Express
4h
Hyundai Motors India IPO Live Updates: Check latest GMP, allotment status, price band, listing date
Hyundai Motor IPO's Grey Market Premium (GMP) is significantly subdued at under 1%. The issue closes on October 17 and all ...
Review
1d
Review
The 2024 Hyundai Ioniq 5: Long range, quick charging, spacious and high-tech
The 2024 Hyundai Ioniq 5 is an excellent EV with a long range, advanced tech features, and the best warranty in its class.
LIVE
3h
Business News Live: Hyundai India IPO subscribed 42% on Day 2, Pranik Logistics set for market debut today
Pranik Logistics Limited will make its stock market debut today (October 17). The Pranik Logistics IPO opened for ...
Electrek
10h
Hyundai’s supplier is building a new EV parts plant in Slovakia to conquer European market
Hyundai Motor Group’s supplier, Hyundai Mobis, is investing around $256 million (350 billion won) in building new plants in ...
20h
Hyundai’s Tarnished Alabama Plant Is Now Driving Its US Growth
Hyundai’s most productive car plant sits on a former cotton plantation on the southern edge of Montgomery, Alabama, where it pumps out Tucson crossovers, Santa Fe SUVs and other models on three shifts ...
The Korea Herald
14h
Hyundai, Kia develop 1st automatic system for press die design
Hyundai
Motor officials check the status of automotive body parts produced through the automaker's automatic press die ...
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