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Source: Live Mint Was this surprising? I am not too sure. In some of the so-called expert WhatsApp groups, people claimed they expected the stock price to drop right from the start. Meanwhile, opinions from the research fraternity are mixed: Several well-known brokerages are recommending buying the stock, predicting a 20% rise, while others suggest…
Source: Live Mint With the automobile industry witnessing strong growth on account of increasing demand for four-wheelers, urbanisation, a shift towards electric vehicles (EVs), and strong government support, the Hyundai IPO couldn’t have come at a better time. Maruti Suzuki and Hyundai Motors are leading players in India’s automobile market, but which is the better…
Source: Live Mint Large multinational corporations (MNCs) are keen to explore initial public offerings (IPOs) in India despite Hyundai Motor India’s muted public-market debut on Tuesday, according to Rahul Saraf, India head of investment banking at Citi, which counts many such companies among its clients. “I think they’re actually encouraged by the listing of Hyundai…
Source: Live Mint The issue—a milestone for both the company’s parent Hyundai Motor Co. (HMC) and the Indian stock market as the country’s largest public offering so far—is a key part of Hyundai’s strategy to enhance the valuation of its global businesses as part of the South Korean government’s Corporate Value-Up Program. The programme seeks…
Source: Live Mint Hyundai Motors initial public offering (IPO), which opened for subscription on October 15 and closed on October 17, is all set to make its debut on the Indian stock market on October 22. However, the Grey Market Premium (GMP) for Hyundai Motors indicates a downward trend ahead of its listing next Tuesday,…
Source: Live Mint Hyundai Motor India IPO: Hyundai’s IPO allotment status is now public. Applicants can check their Hyundai IPO allotment status online by clicking on the BSE or the official registrar’s website. Meanwhile, the grey market has gone weak on the public issue. According to stock market observers, shares of the auto company are…
Source: Live Mint Hyundai Motor India IPO: The highly anticipated initial public offering of Hyundai Motor India failed to entice retail investors; on the last day of the share sale, just 50% of retail portion was subscribed. According to the records, this IPO is the largest in India and the second-largest in the world in…
Source: Live Mint The success of India’s biggest-ever initial public offering from Hyundai Motor India Ltd came down to one key factor: a strong response from qualified institutional buyers (QIBs). But the portion set aside for retail investors, who have been driving demand in the primary market this year, wasn’t even fully subscribed. QIBs, or…
Source: Live Mint Hyundai Motor India IPO: The much-anticipated Hyundai Motor India IPO is open for subscription and has been receiving slow response from investors. The public issue has garnered mixed reactions from investors and has sparked widespread discussions about the valuations and the issue being fully an offer for sale (OFS) by the South…
Source: Business Standard 4 min read Last Updated : Oct 16 2024 | 2:06 PM IST Eighteen of the top 30 initial public offerings ( IPOs) by size have failed to generate excess returns when compared to the returns from CNX500 index, which tracks the performance of the top 500 companies, according to a study…
