Hyundai raises Rs 8,315 crore from anchor investors

Hyundai Motor India has raised Rs 8,315 crore from 225 anchor investors, led by Singapore govt entities, before opening the largest IPO in Indian history. The company allocated 4.2 crore shares at Rs 1,960 per share, targeting a total of Rs 27,900 crore.

Oct 15, 2024 - 01:30

Hyundai raises Rs 8,315 crore from anchor investors

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Hyundai Motor India has raised Rs 8,315 crore from 225 anchor investors, led by Singapore govt entities, before opening the largest IPO in Indian history. The company allocated 4.2 crore shares at Rs 1,960 per share, targeting a total of Rs 27,900 crore.