Hyundai IPO Could Steer India's Market in New Direction

Hyundai becomes India's 5th most valuable carmaker by market cap
Hyundai has become Indias fifth most valuable carmaker in terms of market valuation. Following its listing on the Bombay Stock Exchange (BSE), Hyundai Motor Indias market capitalization (MCAP) stands
Hyundai India shares drop 6% on market debut after record IPO
Shares of Hyundai Motor India dropped as much as 6% in their market debut on Tuesday, after a tepid response from retail investors to the pricing of the country’s largest ever initial public offering.
Heard on the Street: Hyundai IPO Could Steer India's Market in New Direction
Hyundai Motor’s initial public offering was a dud by India's red-hot standards. But the price it got could still attract companies such as Walmart and South Korea's LG Electronics to list their subsidiaries there.
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.
Large multinationals keen on IPOs in India despite Hyundai's weak debut: Citi
On Tuesday, Hyundai Motor India listed at ₹1,934 on the National Stock Exchange, a discount to its IPO price of ₹1,960, but Citi's Rahul Saraf said many clients are encouraged by the listing.
Hyundai Motor rakes in record US$3.3B on Indian IPO
This was the Hyundai Motor Group’s first overseas listing, with Executive Chairperson Chung Eui-sun meeting Indian Prime Minister Narendra Modi to pledge increased cooperation,
Hyundai India's IPO Shows Plans For New Models And Market Dominance
Hyundai Motor Group Executive chair Euisun Chung was there at the listing ceremony and said that this IPO of its Indian arm increases the commitment to the Indian market. He also said that the IPO shows that HMIL is a key part of India.

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