Hyundai: India’s biggest IPO could come from South Korean car manufacturer
6 months, 1 week ago

Hyundai: India’s biggest IPO could come from South Korean car manufacturer

CNN  

Hyundai Motor’s India unit sought regulatory approval on Saturday for a stock market listing in Mumbai, which could be the nation’s biggest and will see the South Korean parent sell a stake of up to 17.5% in the company. Hyundai, India’s second-biggest car maker behind Maruti Suzuki, will not issue new shares in the IPO, which will involve its South Korean parent selling part of its stake in the wholly owned unit to retail and other investors via a so-called “offer for sale” route. The listing is seen putting Hyundai Motor India on a stronger footing versus Maruti Suzuki, Tata Motors and other rivals as it could make future fundraising easier, without the need to depend on its Korean parent. Hyundai expects the listing of the equity shares in India “will enhance our visibility and brand image,” and “provide liquidity and a public market” for the shares, the company said in the draft prospectus filed on Saturday.

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History of this topic

Upcoming IPO: LG Electronics India Submits Draft Papers For Maiden Issue
2 weeks, 3 days ago

Upcoming IPO: LG Electronics India Submits Draft Papers For Maiden Issue

ABP News  

LG Electronics India on Friday submitted the draft papers for the maiden offer. The domestic wing of the South Korean major LG Electronics Inc filed the draft red herring prospectus for the initial public offering and industry sources stated that the issue size is likely to be more than Rs 15,000 crore. The firm in its draft papers noted, “Our …

LG India files paper with Sebi to launch an IPO
2 weeks, 4 days ago

LG India files paper with Sebi to launch an IPO

New Indian Express  

LG Electronics India Ltd, the Indian subsidiary of South Korea’s LG Electronics Inc., has filed draft papers with the Securities and Exchange Board of India to launch an initial public offering. With an issue size of Rs 15,000 crore, LG’s IPO would rank as the fifth largest in India’s history. The public issue is going to be offered for sale …

Hyundai Motor India to raise car prices by up to ₹25,000 across models from January 2025 due to rising costs
2 weeks, 5 days ago

Hyundai Motor India to raise car prices by up to ₹25,000 across models from January 2025 due to rising costs

Live Mint  

Hyundai Motor India on December 5 said that it will hike prices of all its cars by up to ₹25,000 from January 2025, due to rising costs impacting profitability, according to a Reuters report. “At Hyundai Motor India, our endeavor is always to absorb rising costs to the extent possible, ensuring minimal impact on our customers. About Hyundai Motor India …

IPOs to get larger after average size more than doubles to ₹2,000 crore this year: Kotak’s S Ramesh
4 weeks ago

IPOs to get larger after average size more than doubles to ₹2,000 crore this year: Kotak’s S Ramesh

Live Mint  

Initial public offerings in India are getting bigger, with their average size increasing to almost ₹2,000 crore so far in 2024, more than doubling from the average in 2023, said S Ramesh, managing director and CEO of Kotak Investment Banking. With more large firms and new-age companies looking to list over the next two years, the average IPO size is …

IPO Scorecard: Over 300 stocks debut on Dalal Street in 2024, nearly 70% trade above issue prices
Trending News
4 weeks ago

IPO Scorecard: Over 300 stocks debut on Dalal Street in 2024, nearly 70% trade above issue prices

Live Mint  

The year 2024 has emerged as a stellar one for the Indian primary market, witnessing an unprecedented surge in activity. Notably, 133 SME IPOs achieved subscription rates exceeding 100 times, with 23 surpassing an extraordinary 500 times in retail subscriptions, underscoring the massive retail participation in this segment. Reflecting the strong performance of SMEs, 156 IPOs are currently trading above …

Hyundai India struggles to steer past margin woes
1 month ago

Hyundai India struggles to steer past margin woes

Live Mint  

Hyundai Motor India Ltd’s lukewarm stock market debut in October was followed by an equally underwhelming maiden quarterly performance. Read this | Maruti Suzuki banks on SUVs, CNG models to beat demand blues Hyundai India’s management anticipates low single-digit growth in the domestic passenger vehicle industry in FY25, citing a high base for previous year and ongoing near-term macroeconomic challenges. …

Swiggy shines. Is the listing day curse of India's 'big' IPOs over?
1 month, 1 week ago

Swiggy shines. Is the listing day curse of India's 'big' IPOs over?

Firstpost  

Swiggy shares listed at a 5.6 per cent premium to its IPO price of Rs 390, making the food delivery giant the first company with issue of over Rs 10,000 crore in the past decade to have listed above the offer price Managing Director and Group Chief Executive Officer of Swiggy, Sriharsha Majety and Managing Director and CEO of National …

Hyundai Motor India profit drops 16% in Q2 as domestic sales, exports fall
1 month, 1 week ago

Hyundai Motor India profit drops 16% in Q2 as domestic sales, exports fall

Live Mint  

New Delhi: Hyundai Motor India Ltd, the country’s second-largest automaker, posted a 16% decline in its second-quarter net profit following its public listing last month, hurt by weak domestic demand and the Red Sea crisis that subdued exports. Domestic sales In the September quarter, Hyundai Motor India saw domestic sales fall 5.7% to 1.49 lakh units, while exports slid 17% …

Hyundai Motor India Share Price Today on 06-11-2024: Hyundai Motor India share price are up by 1.34%, Nifty up by 1.12%
1 month, 2 weeks ago

Hyundai Motor India Share Price Today on 06-11-2024: Hyundai Motor India share price are up by 1.34%, Nifty up by 1.12%

Live Mint  

Hyundai Motor India Share Price Today on 06-11-2024: At 06 Nov 16:00 today, Hyundai Motor India shares are trading at price ₹1853.4, 1.34% up from the previous closing price. On the technical front, the stock is trading above the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & …

From Hyundai to Paytm: A look at India’s biggest IPOs that disappointed investors with weak listing
1 month, 2 weeks ago

From Hyundai to Paytm: A look at India’s biggest IPOs that disappointed investors with weak listing

Live Mint  

The primary market in India is abuzz with the much anticipated initial public offering of Swiggy Ltd to be launched on November 6. Many of India’s biggest IPOs, including Hyundai Motor India, Paytm and Reliance Power have resulted in losses for investors. Here’s a look at the five biggest IPOs which faced weak listings: Hyundai Motor India IPO Hyundai Motor …

Four Mainboard IPOs, One SME IPO and One Listing to Keep Dalal Street Buzzing
1 month, 3 weeks ago

Four Mainboard IPOs, One SME IPO and One Listing to Keep Dalal Street Buzzing

Live Mint  

Four mainboard IPOs and one SME IPO are scheduled to take place next week on Dalal Street, with a combined issue size of ₹43,000 crore. The primary market remains abuzz, with six mainboard IPOs launched last month, including the ₹27,870.16 crore Hyundai Motor India IPO. The list of upcoming IPOs includes four mainboard companies and one SME IPO, with a …

21 Stocks Make Dalal Street Debut, With Strong IPO Momentum Despite Volatility
1 month, 4 weeks ago

21 Stocks Make Dalal Street Debut, With Strong IPO Momentum Despite Volatility

Live Mint  

Strong IPO surge continues, with 21 stocks making their debut on Dalal Street in October, despite broader market volatility. Hyundai India's IPO, the country's largest to date, received lukewarm retail interest, highlighting concerns about IPO valuation. However, several other IPOs with large issue sizes have achieved decent listing gains, showcasing the resilience of primary market activity.

Hyundai Motor's IPO: Should You Buy or Hold?
Trending News
2 months ago

Hyundai Motor's IPO: Should You Buy or Hold?

News 18  

Hyundai Motor shares recover after a weak debut on Tuesday. The stock moved up 5.92 per cent to hit a day high of Rs 1,928.15, but closed 6 per cent lower at Rs 1,820 from their listing price on Tuesday. Several brokerage firms have initiated coverage on Hyundai Motor with different price targets, ranging from Rs 1,750 to Rs 2,472. …

Hyundai Motor India IPO: A Milestone for the Indian Stock Market
Trending News
2 months ago

Hyundai Motor India IPO: A Milestone for the Indian Stock Market

Live Mint  

Hyundai Motor India's IPO is a significant milestone for the Indian stock market, showcasing its depth and liquidity. The IPO, which raised ₹27,870 crore, was oversubscribed by 6.97 times, indicating strong interest from institutional investors. However, the retail segment saw a relatively muted response, with the subscription for retail investors at 0.5 times. The IPO has sparked discussions about its …

Hyundai's IPO Shares Dip, but Strong Demand from Institutions
2 months ago

Hyundai's IPO Shares Dip, but Strong Demand from Institutions

News 18  

Hyundai India's IPO shares trade at a discount, with the IPO price now at 1.5% lower than its initial offering price. The IPO was oversubscribed more than twice, but book-building was slower than anticipated, with retail investors only buying half of the portion that had been reserved for them. The grey market premium for Hyundai IPO has fallen to 2 …

Hyundai Motor India's IPO: A $3.3 Billion Milestone for India's Automotive Landscape
Top News
2 months ago

Hyundai Motor India's IPO: A $3.3 Billion Milestone for India's Automotive Landscape

ABP News  

Hyundai Motor India's IPO opens on Tuesday, marking the largest IPO in India's history. The offering, which valued the Indian unit of South Korea's Hyundai Motor Co. at approximately $19 billion, attracted strong demand from institutional investors but was slower than expected due to retail investors' limited participation. Despite the valuation challenges, Hyundai's IPO raises Rs 27,900 crore, surpassing the …

India accounted for 25% of global IPOs in first half of 2024
3 months, 1 week ago

India accounted for 25% of global IPOs in first half of 2024

Hindustan Times  

The Initial Public Offering market in India has turned out to be an outlier in itself and is bucking the subdued global public issue trends. A report released by wealth management firm Angel One Wealth noted that while the global IPO market peaked in 2021, India has been the outlier with public listings in the last year because of strong …

Hyundai Motor breaks sales records in India as IPO looms
5 months, 2 weeks ago

Hyundai Motor breaks sales records in India as IPO looms

India TV News  

Hyundai Motor, South Korea's top automaker, achieved record-breaking sales in India during the first half of 2024, according to industry data released on Sunday. According to data from the Federation of Automobile Dealers Associations of India, Hyundai sold 272,207 units in India from January to June this year, up 2 per cent compared to the 266,760 units sold in the …

Hyundai and Kia zip into the U.S. car market’s fast lane
6 months ago

Hyundai and Kia zip into the U.S. car market’s fast lane

Live Mint  

South Korean automakers Hyundai and Kia already make some of America’s most popular cars, particularly in the hybrid category. Their success in green technology is helping: Nearly 8% of Hyundai’s cars sold in the U.S. last year were EVs. Currently, EVs from the Korean automakers aren’t necessarily eligible for $7,500 tax credits under the Inflation Reduction Act, but that would …

Hyundai Motor files for IPO of almost $3 billion, likely India's biggest
6 months, 1 week ago

Hyundai Motor files for IPO of almost $3 billion, likely India's biggest

Hindustan Times  

South Korean automaker Hyundai Motor's Indian arm filed preliminary papers with Sebi for its initial public offering in which the company will sell 142.2 million shares, as per a draft red herring prospectus. Through the IPO, the automaker is seeking to raise around $3 billion in the IPO, with a potential listing planned by the end of the year, Bloomberg …

Hyundai Motor India files paper to raise Rs 25,000 crore via IPO
6 months, 1 week ago

Hyundai Motor India files paper to raise Rs 25,000 crore via IPO

New Indian Express  

NEW DELHI: South Korean automaker Hyundai Motor India is said to have filed draft papers for an initial public offering for its India unit ) with capital markets regulator SEBI on Friday. According to reports, Hyundai is likely to sell 14.2 million shares or 17.5% stake in order to raise Rs 25,000 crore via this IPO which also will be …

Hyundai Motor India To File DRHP With SEBI For Potential $2.5-Billion IPO
6 months, 1 week ago

Hyundai Motor India To File DRHP With SEBI For Potential $2.5-Billion IPO

ABP News  

Hyundai Motor India IPO: Hyundai Motor India's unit is preparing to file a draft red herring prospectus with the Securities and Exchange Board of India within the next two weeks, according to a report by the Economic Times. If successful, Hyundai Motor India's IPO could be among the largest in Indian history, potentially raising nearly $2.5 billion, as estimated by …

Hyundai Motor IPO: Auto Major Enlists Major Banks For Potential Listing Of Indian Unit
6 months, 3 weeks ago

Hyundai Motor IPO: Auto Major Enlists Major Banks For Potential Listing Of Indian Unit

ABP News  

Hyundai Motor IPO: The automobile firm has engaged Kotak Mahindra Bank Ltd. and Morgan Stanley as advisers for a potential initial public offering of its Indian subsidiary, according to sources familiar with the matter told news agency Bloomberg. Bloomberg News has reported that the offering could generate around $2.5 billion for Hyundai Motor India Ltd., the country’s second-largest car manufacturer. …

Geely's Zeekr plans biggest US IPO by Chinese firm, seeks $368 million
7 months, 2 weeks ago

Geely's Zeekr plans biggest US IPO by Chinese firm, seeks $368 million

Hindustan Times  

Zeekr Intelligent Technology Holding Ltd., the high-end electric car brand under Zhejiang Geely Holding Group Co., is seeking to raise as much as $367.5 million in a US initial public offering. Geely Auto, Mobileye Global Inc. and Contemporary Amperex Technology Co. Ltd. are interested in subscribing for as much as $349 million worth of shares in the offering, Zeekr said …

Geely's Zeekr plans biggest US IPO by Chinese firm, seeks $368 million
7 months, 2 weeks ago

Geely's Zeekr plans biggest US IPO by Chinese firm, seeks $368 million

Hindustan Times  

Zeekr Intelligent Technology Holding Ltd., the high-end electric car brand under Zhejiang Geely Holding Group Co., is seeking to raise as much as $367.5 million in a US initial public offering. Geely Auto, Mobileye Global Inc. and Contemporary Amperex Technology Co. Ltd. are interested in subscribing for as much as $349 million worth of shares in the offering, Zeekr said …

Hyundai Motor Group to make India a global export hub: Says the chief
7 months, 4 weeks ago

Hyundai Motor Group to make India a global export hub: Says the chief

India TV News  

Hyundai Motor Group's chief visited India recently and laid out a vision to bolster its operations there to utilise the country as a key export hub for the South Korean automaker. Euisun Chung, Hyundai Motor Group's executive chair, visited the group's Indian headquarters in Gurugram, Haryana on Tuesday and discussed medium- to long-term strategies for the Indian market with employees. …

Popular Vehicles and Services IPO listing: GMP, details ahead of debut today
9 months ago

Popular Vehicles and Services IPO listing: GMP, details ahead of debut today

Hindustan Times  

Popular Vehicles and Services IPO: Popular Vehicles and Services IPO listing date has been scheduled for March 19. Popular Vehicles and Services IPO: The IPO consisted of a fresh issue of ₹ 250 crore as well as an offer-for-sale. Popular Vehicles and Services IPO subscription As per BSE data, the subscription status for the Popular Vehicles IPO was 1.23 times …

Hyundai Motor IPO: Automaker Still Undecided On Listing Indian Subsidiary
10 months, 2 weeks ago

Hyundai Motor IPO: Automaker Still Undecided On Listing Indian Subsidiary

ABP News  

Hyundai Motor Corporation announced on Wednesday that it has yet to reach a decision regarding the listing of its Indian subsidiary. According to the previous report, the Hyundai Motor India IPO was slated to be launched around Diwali, spanning between September and November this year. In a regulatory filing, Hyundai Motor stated, "As a global company, we constantly review various …

Hyundai’s ongoing, future investment in India now stands at Rs 33,000 crore
11 months, 1 week ago

Hyundai’s ongoing, future investment in India now stands at Rs 33,000 crore

New Indian Express  

NEW DELHI: Hyundai Motor India’s proposed investment in India now stands at over Rs 33,000 crore as the Korean auto giant in the past few days has committed two fresh investments- Rs 6,180 crore in Tamil Nadu and Rs 7,000 crore in Maharashtra. This is in addition to the already announced investment of Rs 20,000 crore towards capacity expansion, new …

Electronics Mart IPO: Check GMP on final day as investors rush to subscribe
2 years, 2 months ago

Electronics Mart IPO: Check GMP on final day as investors rush to subscribe

Live Mint  

The Initial Public Offering of Electronics Mart India Ltd received 7.57 times subscription on the second day of offer on Thursday, after being fully subscribed on the first day on Tuesday. The Electronics Mart India IPO consists of a fresh issue of equity shares aggregating to ₹500 crore, with no offer for sale component with the price range for the …

Hyundai plans 6 EVs by 2028, to invest ₹4,000 cr.
3 years ago

Hyundai plans 6 EVs by 2028, to invest ₹4,000 cr.

The Hindu  

Hyundai Motor India plans to invest about ₹4,000 crore for research and development over the next seven years as it looks to roll out six new electric vehicles in India by 2028. “We will be investing ₹4,000 crore for R&D towards expansion of our Battery Electric Vehicle line-up to six vehicles for the Indian Market by 2028,” S.S. Kim, MD …

'High Momentum': India Records 22 IPOs Worth Over $2.5 Billion in January-March Period
3 years, 8 months ago

'High Momentum': India Records 22 IPOs Worth Over $2.5 Billion in January-March Period

News 18  

India witnessed 22 initial public offers worth over $2.5 billion in the first three months of 2021 amid “high momentum” in the country’s capital markets and the trend is likely to stay bullish in the current quarter also, according to a report. “With a robust Q1, IPO market likely to stay bullish in Q2 2021,” it said, adding that India …

Hyundai Becomes India's Largest SUV Maker, Announces Sales of Over 1 Million SUVs
3 years, 8 months ago

Hyundai Becomes India's Largest SUV Maker, Announces Sales of Over 1 Million SUVs

News 18  

Automobile major Hyundai Motor India has cumulatively sold over one million SUVs in domestic and export markets since its inception, the company said on Monday. “With over 1 Million cumulative SUV sales in domestic and export markets, we have reiterated the promise of Make-in-India over nearly two and a half decades of our presence in India," said Tarun Garg, Director, …

Harvard dropout who went on to found ‘South Korea’s Amazon’ becomes overnight multi-billionaire
3 years, 9 months ago

Harvard dropout who went on to found ‘South Korea’s Amazon’ becomes overnight multi-billionaire

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy South Korea’s e-commerce giant Coupang …

Hyundai i20, Nios, Creta, Venue, Verna others: Automaker's domestic wholesales jump 29 per cent in Feb 2021
3 years, 9 months ago

Hyundai i20, Nios, Creta, Venue, Verna others: Automaker's domestic wholesales jump 29 per cent in Feb 2021

India Today  

Hyundai Motor India today reported a rise of 28.97 per cent in domestic wholesales to 51,600 units in February 2021. The cumulative wholesales of Hyundai Motor India increased 26.35 per cent to 61,800 units in February 2021. With a cumulative sales of 61,800 units in February 2021, Hyundai has recorded growth across segments," Hyundai Motor India Sales, Marketing and Service …

Hyundai Completes 25 Years in India, Has Sold Over 90 Lakh Vehicles Since Inception
3 years, 10 months ago

Hyundai Completes 25 Years in India, Has Sold Over 90 Lakh Vehicles Since Inception

News 18  

Hyundai Motor India has sold over 9 million cars since its inception 25 years ago. “Envisioning India at the heart of global manufacturing and commerce, Hyundai, began its journey with the country 25 years ago towards a mutual progress," S.S. Kim, MD & CEO, Hyundai Motor India was quoted as saying in a statement. On May 6, 1996, HMIL officials …

Hyundai Motor India's retail sales rise over 4 per cent in January 2021
3 years, 10 months ago

Hyundai Motor India's retail sales rise over 4 per cent in January 2021

India Today  

Hyundai Motor India's retail sales grew 4.43 per cent to 48,250 units in January 2021, the latest data from the Federation of Automobile Dealers Associations has revealed. The market share of Hyundai Motor India in the country's passenger vehicle segment expanded to 17.13 per cent in January 2021 from 15.67 per cent in the same month last year. Hyundai Motor …

Hyundai Creta, Venue, i20, Nios, Aura, others: Automaker's domestic wholesales rise 24 per cent in Jan 2021
3 years, 10 months ago

Hyundai Creta, Venue, i20, Nios, Aura, others: Automaker's domestic wholesales rise 24 per cent in Jan 2021

India Today  

Hyundai Motor India today reported a rise of 23.8 per cent in domestic wholesales to 52,005 units in January 2021. The export sales of the automobile manufacturer declined 19 per cent to 8,100 units in January 2021 from 10,000 units in the year-ago month. The cumulative wholesales of Hyundai Motor India grew 15.6 per cent to 60,105 units in January …

Hyundai Registers 9.4 Percent Growth in Domestic Sales, Retails 48,800 Units in November 2020
4 years ago

Hyundai Registers 9.4 Percent Growth in Domestic Sales, Retails 48,800 Units in November 2020

News 18  

Hyundai Motor India Ltd. recorded the highest ever November Month Domestic sales of 48,800 units and exports of 10,400 units with cumulative sales of 59,200 units for November 2020. Hyundai retailed 44,600 units in November last year, meaning the South Korean automaker registered 9.4 percent growth. Commenting on the strong November sales performance, Mr. Tarun Garg, Director, HMIL said, “Building …

Hyundai i20, Creta, Venue, Verna, Aura, others: Automaker's domestic sales rise 9 per cent in November 2020
4 years ago

Hyundai i20, Creta, Venue, Verna, Aura, others: Automaker's domestic sales rise 9 per cent in November 2020

India Today  

Hyundai Motor India today reported a growth of 9.4 per cent in the domestic sales to 48,800 units in November 2020. However, the export sales of Hyundai Motor India declined 34.6 per cent to 10,400 units in November 2020. On the cumulative front, Hyundai Motor India witnessed the sales falling 2.1 per cent to 59,200 units in November 2020 from …

Hyundai Motor India Board gets two new Whole Time Directors
4 years, 3 months ago

Hyundai Motor India Board gets two new Whole Time Directors

India Today  

Hyundai Motor India has announced the addition of two new Directors -- Ganesh Mani S and Tarun Garg -- on its Board as Whole Time Directors. Hyundai Motor India Production Director Ganesh Mani S and Hyundai Motor India Sales, Marketing and Service Director Tarun Garg will hold the office as Whole Time Directors for three years with effect from August …

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