Hyundai Motor India's $3.3 billion IPO was 18% subscribed on the first day of bidding on Tuesday, led by employees who placed orders for four-fifths of the shares reserved for them in the country's largest share sale yet.

LIC Mutual Fund on Tuesday announced a reduction in its systematic investment plan (SIP) amount with effect from October 16. The fund house has reduced daily SIP to Rs 100 and in multiples of Rs 1 thereafter for select schemes,

Hyundai Motor India's Rs 27,870-crore initial public offering (IPO) saw a steady response on first day of subscription with 18 percent of the overall offer getting subscribed.

Hyundai Motor India's $3.3 billion IPO opened for bids on Tuesday, aiming for a valuation of up to $19 billion in India's largest share sale yet. The company, India's No. 2 carmaker behind Maruti Suzuki,

The IPO proceedings could help Hyundai narrow market gaps in India, expand its facilities to serve global markets, analysts say.

Hyundai Motor India Ltd's IPO received 18% subscription on its first day. Raising Rs 27,870 crore, it surpasses LIC’s landmark IPO. The entirety of the share sale is an OFS by Hyundai Motor Company. It's the largest IPO in India,

India’s unregulated gray market is indicating that the excitement around Hyundai Motor India Ltd.’s $3.3 billion initial public offering — poised to be the country’s biggest ever — is cooling.

Hyundai India will start taking orders for its $3.3 billion initial public offering in Mumbai on Monday, the company said in regulatory filings, a deal that will be the country's largest ever share offering and world's second biggest IPO in 2024.

Hyundai Motor India Ltd's IPO, valued at Rs 27,870 crore, made history with 18% first-day subscriptions. This OFS by promoter Hyundai Motor Company surpasses LIC’s previous record. The IPO offers liquidity and brand visibility but provides no direct financial gain to HMIL.

Ringo Choi, Asia-Pacific IPO leader at the accounting company, shares his outlook for initial public offerings in the region.

Hyundai Motor India IPO opened on October 15, with an 18% subscription rate. The company aims to raise ₹27,870 Cr through an Offer for Sale. Experts warn of overpriced valuations and advise investors to consider long-term prospects amidst market fluctuations.