Hyundai Motor India commits to desi market with new tech and EV plans after record IPO

Hyundai Motor India commits to desi market with new tech and EV plans after record IPO

Hyundai Motor India (HMIL), which listed on the bourses Tuesday with the country’s largest initial public offering, said it will continue to invest in the Indian market to expand capacity, deepen localisation and bring in new technologies that would include the launch of multiple electric vehicles to create value for shareholders. Speaking at the listing … Read more

Hyundai Motor India shares jump 6%

Hyundai Motor India shares jump 6%

Shares of newly-listed Hyundai Motor India Limited, the Indian arm of South Korean automaker Hyundai, jumped 6% on Wednesday (October 23, 2024), a day after making the market debut. The stock climbed 5.91% to ₹1,928.15 from the previous close on the BSE. At the NSE, the stock surged 6% to ₹1,928.90. Shares of Hyundai Motor … Read more

Hyundai Motor India IPO Listing Tomorrow: GMP Turns Positive, Indicates 5% Gains on Tuesday

Hyundai Motor India IPO Listing Tomorrow: GMP Turns Positive, Indicates 5% Gains on Tuesday

Hyundai Motor India IPO Listing Date: Hyundai Motor India Ltd, the shares of which is going to be listed on both BSE and NSE on Tuesday, has now turned positive in the grey market with its unlisting shares trading at a premium of 4.85 per cent, indicating a listing profit for investors. It is a … Read more

Hyundai IPO to Open Tomorrow: Should You Apply? Check Recommendations, Price, Lot Size

Hyundai IPO to Open Tomorrow: Should You Apply? Check Recommendations, Price, Lot Size

Hyundai IPO: Hyundai Motor India Ltd (HMIL), the Indian arm of South Korean automaker Hyundai, is set to launch its initial public offering (IPO) for public subscription on Tuesday, October 15. The Rs 27,870.2-crore IPO, which is a complete offer-for-sale (OFS) where the company’s South Korean parent will be diluting some of the stake, will … Read more

Hyundai IPO aimed to further Indianise operations: Company official

Hyundai IPO aimed to further Indianise operations: Company official

The upcoming Rs 27,870 crore initial public offering of the Indian arm of South Korean automaker Hyundai, the first such instance of the company listing its subsidiary in an overseas market, is aimed to further Indianise operations, a senior company official said on Friday. Hyundai Motor India Ltd’s initial public offering (IPO), the largest in … Read more

Hyundai’s mother of all IPOs: Where the carmaker stands, where it’s headed

Hyundai’s mother of all IPOs: Where the carmaker stands, where it’s headed

Hyundai Motor India Ltd, the most successful foreign automaker in the country where a few others have failed, has reportedly got nod from the Securities and Exchange Board of India for its initial public offering (IPO), the largest ever in India. Hyundai, India’s second-biggest car maker behind Maruti Suzuki, plans to raise at least $3 … Read more

Hyundai IPO: A chaebol looks at India to break out of a Korean trap

Hyundai IPO: A chaebol looks at India to break out of a Korean trap

India’s equity frenzy has attracted a global biggie which wants to ride on the high investor sentiment. Hyundai Motor India Ltd. (HMIL), the country’s second-largest car maker, is coming out with a Rs 25,000 crore IPO, which could be India’s biggest ever, in the next four to six months and will see the South Korean … Read more