Hyundai Motor IPO’s off to a slow start

Hyundai Motor IPO’s off to a slow start

Mumbai: Hyundai Motor India‘s ₹27,870 crore initial public offering (IPO) – India’s largest-ever – was subscribed 0.18 times on Tuesday, the opening day of the public issue. The non-institutional investor (NII) portion, primarily high-net-worth individuals, was subscribed 0.13 times, while the retail investor portion saw a subscription of 0.26 times. The portion reserved for the … Read more