Hyundai Motor India Shares Slump As Trading Begins In Asia’s Biggest IPO Of The Year
The stock fell 34% when trading commenced but recovered to close at 1,819.6 rupees, down 7.16% from its IPO price, on the first day of trading in Mumbai. The company’s IPO was priced at 1,960 rupees a share, at the top end of its marketed range. Shares of parent company Hyundai Motor edged down about 1% in South Korea.
Hyundai, Q3
Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3.3 billion in the country's biggest-ever ...
Institutional investors showed strong demand, flooding in on the final day, while retail investors purchased only about half ...
This would be the largest initial public offering (IPO) in India after LIC’s initial share sale of ₹ 21,000 crore. According to the Draft Red Herring Prospectus (DRHP) filed in June, Hyundai ...
Hyundai Motor's $3.3 billion IPO in India has only attracted 42% subscriptions amid weak market sentiment.
Hyundai Motor India, the Indian subsidiary of the South Korean automotive giant Hyundai Motor, is poised to make its ...
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