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.

Denne historien er fra October 16, 2024-utgaven av The Morning Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra October 16, 2024-utgaven av The Morning Standard.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE MORNING STANDARDSe alt
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 mins  |
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 mins  |
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 mins  |
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 mins  |
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 mins  |
December 01, 2024
The Morning Standard

Uncomplicated and Compelling

The story preserves not only the characters' voices but also their goals and actions, which are convincing and believable

time-read
3 mins  |
December 01, 2024
Inside Mindscapes that Define Us
The Morning Standard

Inside Mindscapes that Define Us

Three artists engage with Nature and make a statement that explores the geological, cultural, and material facets of our planet

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

Of an Age Gone by and a Language Lost

Our villages have become ghost villages; will our language take the same road? A googly was flung at me by a student.

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

Are Adult Friendships Really that Hard; Why Not Make the Effort?

Despite the plethora of digital platforms that promise connection and community, 79 per cent of GenZs and 71 per cent millennials describe themselves as lonely. In the US, 12 per cent of adults say that they have no close friends. While finding avenues for connection have increased exponentially over the years, maintaining friendships, especially adult friendships, have become harder.

time-read
3 mins  |
December 01, 2024