Hyundai public offer sees subdued demand on Day 1
The Morning Standard|October 16, 2024
THE initial public offering (IPO) of India's second-largest carmaker Hyundai Motor India Ltd (HMIL) received a dull response from investors on the first day as the issue was subscribed to just 18%. The issue received bids for 1.78 crore shares as against 9.97 crore shares that are up for grabs. The three-day bidding for the issue will conclude on Thursday, October 17.
ARSHAD KHAN @ New Delhi
Hyundai public offer sees subdued demand on Day 1

The retail portion was booked 26% on Day 1 as this category placed bids for 1.30 crore shares as against 4.94 crore shares on offer. The portion set aside for qualified institutional buyers (QIBs) was subscribed to just 5%. Meanwhile, the non-institutional investors (NII) placed a bid for 27.66 lakh shares as against 2.12 crore shares on offer or 13% of their allocated portion. Employees placed 80% bids with 6.19 lakh shares subscribed as against 7.78 lakh shares on offer.

Diese Geschichte stammt aus der October 16, 2024-Ausgabe von The Morning Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der October 16, 2024-Ausgabe von The Morning Standard.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS THE MORNING STANDARDAlle anzeigen
The Morning Standard

7 Maoists killed in encounter with police in Telangana

SEVEN Maoists were killed in an alleged encounter with the Telangana Police in the Chalpaka forest area of the state's Mulugu district near the Chhattisgarh border on Sunday morning.

time-read
1 min  |
December 02, 2024
APPOINTMENT OF NEW BRAHMOS CHIEF CHALLENGED IN TRIBUNAL
The Morning Standard

APPOINTMENT OF NEW BRAHMOS CHIEF CHALLENGED IN TRIBUNAL

IN a rare instance, the appointment of BrahMos Aerospace chief has been challenged in the Central Administrative Tribunal (CAT), Hyderabad.

time-read
1 min  |
December 02, 2024
Donald Trump threatens BRICS with 100% tariffs
The Morning Standard

Donald Trump threatens BRICS with 100% tariffs

US President-elect warns against trying to undercut the dollar

time-read
1 min  |
December 02, 2024
Trump picks Kash Patel as new FBI chief
The Morning Standard

Trump picks Kash Patel as new FBI chief

US President-elect Donald Trump on Sunday tapped Indian American Kahyap 'Kash' Patel, 44, to head the Federal Bureau of Investigation (FBI).

time-read
1 min  |
December 02, 2024
The Morning Standard

'Hard Work Came First, Stardom Later'

Actor Adivi Sesh's career in Tollywood has included a variety of roles and genres. From playing Bhadra in Baahubali to Agent Gopi in Goodachari, Sesh has established himself as one of the most versatile performers in the industry, having played complicated characters with profound emotional arcs as well as action-packed thrillers.

time-read
2 Minuten  |
December 01, 2024
Aspirations Unbound
The Morning Standard

Aspirations Unbound

At 69, Anupam Kher is far from done. Whether it is romance or fitness training, he is ready for it all

time-read
3 Minuten  |
December 01, 2024
The Morning Standard

Recipes of the Heart and Home

After tasting success in London, celebrity chef Rohit Ghai is impressing the Omani palate with the subtlety of spice while he stays a dal-chawal sort of guy

time-read
2 Minuten  |
December 01, 2024
Diving into the Murky World of Scandals
The Morning Standard

Diving into the Murky World of Scandals

Fraudster Tales: History's Greatest Financial Criminals and Their Catastrophic Crimes By: Vijay Narayan Govind Publisher: Pan Macmillan Price: ₹499 Pages: 290

time-read
2 Minuten  |
December 01, 2024
The Morning Standard

The Traditional and the Suave

The timeless drape sees a major revival with new-age dhoti enthusiasts reawakening to its allure

time-read
1 min  |
December 01, 2024
The Artificial Way to Work Happiness
The Morning Standard

The Artificial Way to Work Happiness

Gen Z seems to have got the workplace right, artificially. With 31 per cent of them reporting a healthy relationship with work, it places them ahead of Boomers, Gen X, and Millennials.

time-read
3 Minuten  |
December 01, 2024