Page 4 - Hyundai Motors

Hyundai's historic India IPO signals new era for multinational listings

Hyundai's compatriot LG Electronics Inc. is also reported to be preparing for a potential IPO of its Indian unit

Hyundai Motor India IPO allotment: Check status; GMP shows weak listing

Hyundai Motor IPO Allotment: Hyundai India's shares in the grey market are now trading at a discount of around Rs 30 against the upper end of the IPO price of Rs 1,960

QIBs come to rescue of Hyundai India IPO; country's largest IPO booked 2.4x

The IPO received bids for 236 million shares, worth Rs 46,320 crore, as against 99.77 million on offer

Hyundai submits PFR to take up modernisation of TN plant for Rs 1,500cr

Hyundai Motor India, the subsidiary of Korean auto major Hyundai, has submitted the pre-feasibility report to take up revamping and modernisation of its facility in Tamil Nadu at an outlay of Rs 1,500 crore. The expansion at the existing facility at Irungattukottai near here would create an additional 155 new jobs and the plant size would be increased to 7.21 lakh sq metre from the current 5.40 lakh sq metre. Hyundai Motor India has planned to expand the factory by adding additional 1.81 lakh sq metres of land at the factory. According to the company, it has proposed to take up revamping and modernisation of its existing manufacturing facility at Irungattukottai, Kancheepuram district in Tamil Nadu, As per the Pre-Feasibility Report submitted by the automaker on Thursday, the manufacturing facility is spread across an area of 538 acres and has the capacity to produce 8.50 lakh cars per annum. "Hyundai Motor India as per the proposed revamping and modernisation plan, the built-up

Last chance! Hyundai Motor India IPO closes today; GMP sinks below 1%; bid?

Hyundai Motor India IPO which opened for public subscription on Tuesday, October 15, and comes to closing hours today

Hyundai Motor India IPO: How to apply, calculate lot size, other key info

The public issue of Hyundai Motor India, which opened for subscription yesterday, will conclude on Thursday, October 17, 2024. Here are the key details of India's largest IPO for investors

Hyundai Motor India IPO GMP inches up on Day 2; subscription rises to 0.22x

The public issue of Hyundai Motor India, which concludes tomorrow, is available at a price band of Rs 1,865-Rs 1,960, with a lot size of 7 shares

Fresh vs OFS: Hyundai Motor India's mega IPO set to upend 2024 skew

Share of fundraising via fresh issuances so far is highest in 12 years

Hyundai Motor India IPO off to slow start: 0.11x subscription, GMP falls 1%

Notably, Hyundai Motor India's IPO marks the first time in two decades that a carmaker has gone public in India, following Maruti Suzuki's listing in 2003

Hyundai Motor India IPO opens: GMP shows slight uptick; Should you apply?

Hyundai Motor India IPO opens for public subscription from October 15, 2024, to October 17, 2024. Check here for key details: Price Band, Lot Size, GMP, Allotment Date, Listing Date, and more

Hyundai Motor India IPO review: Worth investing? Brokerages' recommendation

Hyundai Motor India IPO review: Valuation, GMP, brokerages views - Here's all you need to know before investing in the mega offering

IPO-bound Hyundai Motor India raises Rs 8,315 cr from anchor investors

42.4 mn shares allotted to 225 funds at Rs 1,960 apiece

Hyundai India starts $3.3 billion IPO in country's largest ever share sale

Hyundai will not issue new shares in the IPO, in which its South Korean parent will sell up to 17.5 per cent of its stake in the wholly-owned unit that will be valued at up to $19 billion

Hyundai Motor India's growth engine roars on SUVs, capacity expansion

The carmaker's short-term gains may stall in neutral over high valuations

Will be exploring opportunities for exporting EV: Hyundai Motor India's COO

IPO-bound Hyundai Motor India Ltd will explore opportunities for exporting its upcoming electric vehicles from the country to other similar markets to enhance its position as a production hub for emerging markets, according to a senior company official. The company is lining up four electric vehicles to be launched in future, including the electric version of its popular SUV Creta by Q4 FY25, in the mass and 'mass premium' segments. "We are a very strong production hub for emerging markets. We are exporting to 80 plus countries. As far as EVs are concerned, it will, of course, depend on the demand but we are always open to look at any product, which we introduce in India, for exporting it to the other market as well," Hyundai Motor India Ltd (HMIL) COO Tarun Garg told PTI. He was responding to a query on whether the company will export its EVs planned to be launched in India in the future. "In terms of EV (exports) it will depend on the infrastructure. It will depend on the deman

Why Samir Arora thinks investing in Auto industry is a 'Ridiculous Trade'?

Ahead of the opening of the much-awaited Hyundai Motor India IPO, Samir Arora of Helios Capital has shared his outlook on the auto industry. Here's what the market expert thinks

Hyundai Motor India's mega IPO: Will this be a Diwali bonanza for Seoul?

Despite contributing only 6.5 per cent of global revenues and 8 per cent of profitability, Hyundai's India unit will be valued at 42 per cent of the parent company's market capitalisation upon listing

Hyundai Motor India IPO: Key details out; Check timeline, price, GMP & more

Hyundai Motor India IPO: Size, price band, lot size, key dates, GMP, objectives, and more - Everything you need to know about India's largest initial public offering

Diwali delight: Hyundai Motor India IPO to spark investor interest; details

The Hyundai Motor India IPO will mark the first time in two decades that a carmaker has gone public in India, following Maruti Suzuki's listing in 2003

Hyundai Motor India likely to launch Rs 25,000 crore IPO on Oct 14

Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, is expected to launch its much-awaited Rs 25,000-crore initial share-sale for public subscription on October 14, people familiar with the development said on Thursday. This would be the largest initial public offering (IPO) in India after LIC's initial share sale of Rs 21,000 crore. According to the Draft Red Herring Prospectus (DRHP) filed in June, Hyundai Motor India's proposed IPO is entirely an Offer-for-Sale (OFS) of 142,194,700 equity shares by promoter Hyundai Motor Company, with no fresh issue component. Sources had previously stated that the South Korean automaker is looking to raise at least USD 3 billion (about Rs 25,000 crore) through an initial share sale. This development marks a significant milestone for the Indian industry, as it is the first automaker's initial share sale in over two decades, following Japanese automaker Maruti Suzuki's listing in 2003. The South Korean parent is diluting s