Institutions save the day for Hyundai IPO

Hyundai Motor India's Rs 27,870 crore IPO, the nation's largest-ever public offering, has been fully subscribed, driven by strong institutional investor demand. Retail investor participation was subdued, but the successful issue highlights India's capacity to manage large-scale IPOs, setting a positive precedent for future offerings.

from Business News: Latest News Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/acPWHOu

Comments

Popular posts from this blog

Shaky Street: Sensex surges 1.1k points day after 2.2k-point crash

ONGC-NTPC green JV acquires Ayana in $2.3 billion deal

Mobile companies seek zero duty on US imports