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Hyundai public issue fully booked on final day, retail investors give IPO a miss
The New Indian Express
|October 18, 2024
THE initial public offering (IPO) of Hyundai Motor India Ltd (HMIL) was fully subscribed on the final day of bidding on Thursday, thanks to the strong participation by qualified institutional buyers (QIBs) as retail investors decided to give the mega IPO a big miss.
In total, Investors placed bids for 23.63 crore shares as against 9.97 crore shares on offer of the Rs 27,870-crore issue, the largest in India's capital market history.
Dit verhaal komt uit de October 18, 2024-editie van The New Indian Express.
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