The initial public offer of Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, got fully subscribed on the third day of the bidding on Thursday. The Rs 27,870 crore initial ...
India’s biggest ever Initial Public Offering (IPO) of Hyundai Motor India Ltd., the bidding for which ended on Thursday. received lukewarm response from retail investors but was subscribed 2.37 times ...
Hyundai IPO retail subscription was the worst among biggest 5 offers in India (50%). Expensive pricing (26x PE vs industry average of 24.41x) dampened retail investor sentiment.