Hyundai Motor India's mega Rs 27,870 crore IPO hits 18% subscriptions on first day

Hyundai Motor India Ltd's IPO, the largest in India's history, saw an 18% subscription on its first day. Retail investors subscribed 26%, non-institutional investors 13%, and qualified institutional buyers 5%. The Rs 27,870 crore IPO is an Offer for Sale by Hyundai Motor Company.

Oct 15, 2024 - 21:30

Hyundai Motor India's mega Rs 27,870 crore IPO hits 18% subscriptions on first day

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Hyundai Motor India Ltd's IPO, the largest in India's history, saw an 18% subscription on its first day. Retail investors subscribed 26%, non-institutional investors 13%, and qualified institutional buyers 5%. The Rs 27,870 crore IPO is an Offer for Sale by Hyundai Motor Company.