Hyundai IPO: India’s second-largest OEM garners ₹8,315 crore from anchor investors ahead of public issue | Stock Market News
Source: Live Mint Hyundai Motor India (HMIL), on Monday, raised ₹8,315 crore from anchor investors on Monday, paving the way for the largest-ever initial public offering (IPO) in the country. The Indian subsidiary of South Korean automaker Hyundai Motor Company (HMC) allocated 42.4 million shares to 225 funds at ₹1,960 per share, the upper limit…
