Hyundai Motor India Shares Slump

Hyundai Motor India's shares drop 7% on trading debut after record IPO
Hyundai Motor India shares fell 7% on their trading debut Tuesday after a record $3.3 billion initial public offering.
Hyundai Motor India Shares Slump As Trading Begins In Asia’s Biggest IPO Of The Year
The stock fell 34% when trading commenced but recovered to close at 1,819.6 rupees, down 7.16% from its IPO price, on the first day of trading in Mumbai. The company’s IPO was priced at 1,960 rupees a share, at the top end of its marketed range. Shares of parent company Hyundai Motor edged down about 1% in South Korea.
Hyundai Motor India Drops 7% on Debut After Country's Biggest IPO
BENGALURU/MUMBAI (Reuters) -Hyundai Motor India shares fell 7.2% on their market debut on Tuesday after retail investors gave a lukewarm reception to the country's biggest ever initial public offering (IPO) amid concerns about a lofty valuation and an auto industry slowdown.
Hyundai Motor India Faces Rocky IPO Debut
Hyundai Motor India's IPO experienced a challenging debut, closing over 7% lower than its issue price of Rs 1,960 on the first trading day. Despite the muted performance, the company's status as India's second-largest passenger vehicle manufacturer and its focus on the SUV segment supports its growth outlook.
IPO boom: Hyundai Motor India public issue subscribed over 2 times on last day
Hyundai Motor India Ltd's initial public offering has been subscribed 2.34 times till 4 p.m. on its third and last day on Thursday as the qualified institutional buyers (QIB) portion in the IPO was subscribed nearly 7 times.
Hyundai Motor India set to price shares at top of range to raise $3.3 bln, sources say
Hyundai Motor India is set to price its shares at 1,960 rupees to raise $3.3 billion in its initial public offering, according to two sources with direct knowledge of the matter.
Hyundai Motor Brings India’s Biggest IPO: What Is An IPO And How Does It Work?
Hyundai Motor brings India’s biggest-ever IPO. The company aims to raise Rs 27,870 crore (around $3.3 billion). The Issue has been subscribed 18% on Day 1, according to the data available with BSE. The bidding for the Hyundai Motor India’s initial public offering commenced from October 15, 2024, and will run until October 17, 2024.
Hyundai Motor India Shares Fall On Debut After Record IPO
Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3.3 billion in the country's biggest-ever initial public offering, with shares closing 7.1 percent down from their issue price.
Hyundai Motor India falls 7.6% in debut after country's biggest IPO
By Nandan Mandayam and Dhwani Pandya BENGALURU/MUMBAI (Reuters) -Hyundai Motor India shares fell as much as 7.6% in their market debut on Tuesday after a tepid response from retail investors to the country's largest initial public offering on concerns the price was set too high and an auto industry slowdown.
Hyundai Motor India's shares jump 5% on second day, making up for dull debut
Retail investors were largely unenthusiastic about this IPO, subscribing only 0.5x to the offer. The issue sailed over and managed to get a 2.37x subscription thanks to QIBs (qualified institutional buyers),
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initial public offering
Hyundai Motor's $3.3 billion IPO in India has only attracted 42% subscriptions amid weak market sentiment.