मैगज़्टर गोल्ड के साथ असीमित हो जाओ
10,000 से अधिक पत्रिकाओं, समाचार पत्रों और प्रीमियम कहानियों तक असीमित पहुंच प्राप्त करें सिर्फ
कोशिश गोल्ड - मुक्त
Hyundai public offer sees subdued demand on Day 1
The Morning Standard
|October 16, 2024
THE initial public offering (IPO) of India's second-largest carmaker Hyundai Motor India Ltd (HMIL) received a dull response from investors on the first day as the issue was subscribed to just 18%. The issue received bids for 1.78 crore shares as against 9.97 crore shares that are up for grabs. The three-day bidding for the issue will conclude on Thursday, October 17.
The retail portion was booked 26% on Day 1 as this category placed bids for 1.30 crore shares as against 4.94 crore shares on offer. The portion set aside for qualified institutional buyers (QIBs) was subscribed to just 5%. Meanwhile, the non-institutional investors (NII) placed a bid for 27.66 lakh shares as against 2.12 crore shares on offer or 13% of their allocated portion. Employees placed 80% bids with 6.19 lakh shares subscribed as against 7.78 lakh shares on offer.
यह कहानी The Morning Standard के October 16, 2024 संस्करण से ली गई है।
हजारों चुनिंदा प्रीमियम कहानियों और 10,000 से अधिक पत्रिकाओं और समाचार पत्रों तक पहुंचने के लिए मैगज़्टर गोल्ड की सदस्यता लें।
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