Hyundai IPO: How are investors responding to India's biggest-ever issue?
Oct 15, 2024 1:12 PM IST
Hyundai India's IPO saw a solid start, with 10% subscribed in two hours. Retail bids stood at 17%, while non-institutional investors accounted for 7%.
Hyundai Motor India mobilized <span class='webrupee'>₹</span>8,315.3 crore from 225 anchor investors ahead of its IPO. Notable global investors included Baillie Gifford, Vanguard, and Goldman Sachs. Various mutual funds also participated in the anchor round, including ICICI Prudential and HDFC.
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