5 out of 6 mega IPOs have destroyed wealth. Whatβs in store for Hyundai IPO investors?
Beating LIC’s mammoth IPO worth Rs 20,557 crore in May 2022, Korean car manufacturer Hyundai Motor India’s IPO of Rs 27,856 crore will rewrite record books as India’s largest public issue ever. But large sizes and returns don’t go hand in hand most of the time. Out of the 6 mega IPOs worth at least…
READ MORE
IPO Calendar: Hyundai India and 2 other issues set to light up primary market next week
The primary market will see its biggest offering till date from Hyundai Motor India next week as the automaker is planning to raise over Rs 27,000 crore through its IPO. Apart from this, two other SME IPOs from Lakshya Powertech and Freshara Agro will also open for subscription next week. Further, the Street will also…
READ MORE
How Hyundai India IPO could keep listed rivals like Maruti on edge
The much-anticipated market debut of Hyundai Motor India is set to raise the stakes in the Indian auto industry, with competition expected to heat up, particularly in the passenger vehicle segment. The IPO is likely to push other listed auto players to innovate and elevate their product offerings. Maruti Suzuki, currently the market leader with…
READ MORE