Hyundai Motor India, IPO
Hyundai to use $3 billion record India IPO proceeds for new cars, R&D
By Dhwani Pandya MUMBAI (Reuters) -Hyundai Motor plans to use proceeds from a $3.3 billion IPO of its Indian unit to enhance its research efforts and develop new cars, aspiring to transform the South Asian country into a manufacturing hub for emerging markets.
BlackRock, GIC to Invest in Hyundai Motor India IPO
BlackRock Inc., Singaporean sovereign wealth fund GIC Pte and Capital Group are among those that have made bids to buy stock in Hyundai Motor India Ltd.’s $3.3 billion initial public offering, according to people familiar with the matter.
Hyundai's $3.3 Billion India IPO To Kick Off Next Week
Hyundai will roll out a $3.3 billion initial public offering of its India unit next week, executives said Wednesday, the biggest stock market debut in the world's fastest-growing major economy.
Hyundai IPO aimed to further Indianise operations: Company official
Hyundai Motor India Ltd is preparing for a Rs 27,870 crore initial public offering. This aims to increase local involvement in their operations. The IPO will be open to the public from October 15 to October 17.
Factbox-IPO-Bound Hyundai Motor India's Operations
(Reuters) - Hyundai Motor India will launch its IPO next week, marking parent Hyundai's first listing outside South Korea and India's first carmaker IPO since 2003. The $3 billion IPO would offer shares at a price range of 1,865 rupees to 1,960 rupees ($22 to $23) per share, valuing Hyundai's Indian unit at up to $19 billion.
BlackRock, GIC among bidders for Hyundai Motor India's $3.3B IPO
Global investment giants BlackRock Inc., Singapore's sovereign wealth fund GIC Pte, and Capital Group have reportedly bid for shares in Hyundai Motor India Ltd.'s upcoming initial public offering (IPO) .
IPO-bound Hyundai India to pump in Rs 32,000 crore, raise capacity to 1.1 million units
The Indian arm of the South Korean carmaker will be making investments towards capacity expansion, product and platform development, new launches, etc.
Hyundai India looks to 'Indianise' operations with its upcoming IPO: Official
Hyundai Motor India plans to launch India's largest IPO, aiming to raise Rs 27,870 crore. The IPO will enhance the company's trust and inclusivity in
Hyundai to use $3 bln record India IPO proceeds for new cars, R&D
Hyundai Motor plans to use proceeds from a record $3.3 billion IPO of its Indian unit to enhance its research efforts and develop new cars, aspiring to transform the South Asian country into a manufacturing hub for emerging markets.
IPO aimed to further Indianise operations, says Hyundai Motor India
Hyundai Motor India Ltd's initial public offering (IPO), the largest in the country's history, will open for public subscription on October 15 and conclude on October 17
IPO-bound Hyundai Motor India's operations
Hyundai Motor India will launch its IPO next week, marking parent Hyundai's first listing outside South Korea and India's ...
BlackRock, GIC, Capital Group to invest in Hyundai Motor India IPO
Baillie Gifford and FMR are also looking to participate in the record-breaking offering in Mumbai, the people said, asking ...
Hyundai Motor India IPO GMP crashes 75% in 2 weeks as automaker announces details of mega public issue
Hyundai Motor India IPO will be the first public issue by an automobile company in India in over two decades, following ...
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We asked three analysts if Hyundai IPO is worth subscribing - here’s what they said
Hyundai Motor Company, the South Korean parent of Hyundai Motor India, plans to sell up to 142.19 million equity shares, with a price band between ₹1,865 and ₹1,960 per share. Ahead of the IPO, ...
Bank stocks climb 1% making it best performing sector; Hyundai IPO in focus
The excitement around India's largest IPO is being dampened by evident weakness in demand for cars in India as well globally ...