The $3.3-billion IPO of Hyundai Motor India, the country's largest yet, was fully subscribed on its final day on Thursday, as big institutional investors bid aggressively, though pricing concerns deterred retail investors.

What Does it Mean for Investors? India's largest IPO offering, Hyundai India, has entered its third and final day, but investor enthusiasm remains low, with only 42% of the total issue subscribed and retail participation at just 38% (by the end of Day 2).

Ringo Choi, Asia-Pacific IPO leader at the accounting company, shares his outlook for initial public offerings in the region.