A $3.3-billion initial public offering by Hyundai Motor India was fully subscribed on the final day of bidding on Thursday, with domestic banks and mutual funds buying into the country's first automaker to go public in two decades.

Notably, the three most lucrative deals have all occurred in 2024. Alongside Hyundai’s offering, Vodafone India’s Rs 18,000 crore follow-on public offering (FPO) generated Rs 287 crore in fees, while Ola Electric Mobility’s Rs 6,146 crore IPO pumped Rs 145 crore into the pockets of investment bankers.

Hyundai Motor India's IPO was subscribed 2.37 times on the third day, surpassing LIC's initial share sale. Led by institutional investors, the IPO raised Rs 27,870 crore, making it the largest in India's history.

Hyundai Motor India's share allocation subscription for its initial public offering (IPO) exceeded 200% amid keen interest from institutional investors.

The initial public offering (IPO) of Hyundai Motor India Ltd. (HMIL) has been fully subscribed, closing on a high note on the final day of bidding7, 2024. The Rs 27,870 crore issue, which had opened for public subscription on October 15,

Hyundai Motor India's $3.3-billion initial public offering was oversubscribed by more than two times on Thursday attracting aggressive bidding from institutional investors, even though pricing concerns deterred retail participation.

The allotment of shares for Hyundai Motor India’s IPO, the largest in India’s history, is scheduled for today. The IPO is a book-built issue of ₹27,870.16 crores and entirely an offer for sale of 14.22 crore shares.

A $3.3-billion initial public offering by Hyundai Motor India was fully subscribed on the final day of bidding on Thursday, with domestic banks and mutual funds buying into the country's first automaker to go public in two decades.