HYUNDAI IPO

Hyundai Motor IPO: All you need to know about mother of all IPOs

How a tax sop has created a divide in India's motown

Indian automakers are at a crossroads as they navigate the shift from internal combustion engines to electric vehicles. Consumers are showing a preference for hybrids over EVs, sparking debate among automakers. The government's proposed tax reduction for hybrids has divided industry leaders, with some advocating for incentives solely for electric vehicles. The potential impact on sales volumes and climate goals is a central point of contention.

Hyundai has the same fear like Tata Motors & Mahindra about petrol, diesel cars

Hyundai has joined Tata Motors and Mahindra & Mahindra in opposing tax breaks for hybrid vehicles in India, arguing it could disrupt the market for petrol and diesel cars. Japanese carmakers support lower taxes on strong hybrids, citing emissions reduction and fuel efficiency benefits. The debate underscores the auto industry's shift towards more sustainable technologies.

Ixigo shares debut at 48.5% premium over issue price

Ixigo IPO was booked nearly 98.34 times at close on strong interest from non-institutional and institutional buyers. Ahead of the listing, the company's shares traded with a premium of Rs 30 in the unlisted market.

Hyundai Motor India plans to launch EV models in future; electric version of Creta by Q4 FY25

Hyundai Motor India Ltd plans to launch four electric vehicle models, including the Creta EV, in the final quarter of the current fiscal year, as outlined in its preliminary IPO filings with Sebi. The company aims to enhance the price competitiveness of its EV lineup by focusing on local production capabilities for critical components such as cells, battery packs, power electronics, and drivetrain, and establishing a localized EV supply chain.

Hyundai flags concerns with 'changes' by Indian govt ahead of planned Rs 25,000 crore IPO

Hyundai, which plans to raise Rs 25,000 crore through the Indian stock market by selling a 17% equity stake in the local unit, flagged the importance of stable policies for confidently making technological upgrades. They also highlighted concerns about localisation norms like PLI for automotive technology, aiming to reduce import dependence and lower manufacturing costs with significant initial capital investments.

Shares of Hyundai Motor jump as it files for India unit IPO worth $3 billion

Shares of Hyundai Motor, South Korea's leading carmaker, jumped here on Monday as it confirmed that its India unit has filed for an initial public offering (IPO) to raise around $3 billion (Rs 25,000 crore).

Hyundai India to Ola Electric: Over Rs 50,000 crore worth planned IPOs likely in next few months

Some of the expected IPOs in the next few months include that of Ola Electric, FirstCry, Fincare SFB, NSDL, Afcons Infrastructure, Waaree Energies, Asirvad Microfinance, Stanley Lifestyles, One MobiKwik Systems, Emcure Pharmaceuticals, Allied Blenders and Distillers, Shiva Pharmachem, Bansal Wire Industries among others.

Hyundai Motor IPO: 10 things investors should know about the public offer

Hyundai Motor's Indian arm has filed preliminary papers with SEBI for a $2.5-$3 billion IPO. The company aims to raise funds by selling shares through a public offer.

With DRHP, Hyundai steers towards $3 billion public listing

India's largest public issue will be an offer-for-sale (OFS) of up to 142.2 million shares, or a 17.5% stake, by South Korean parent Hyundai Motor Co.

Boost for Hyundai Motor export plans, as auto co plans to launch slew of EVs over next 4 years

Hyundai Motor India Ltd (HMIL) is planning a ₹25,000 crore IPO to drive its parent company's strategy of making India a key export hub. The company plans to introduce nearly half a dozen electric vehicles for local sales and exports as part of this ambitious strategy.

Hyundai unit files for India IPO that could be country's biggest

India's second-biggest car maker behind Maruti Suzuki, Hyundai 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.

As Hyundai India eyes listing, here are some of nation's biggest IPOs

Hyundai Motor's Indian business filed draft papers for a potential large IPO in India to enhance its brand image and increase liquidity.

Hyundai seeks to dilute up to 17.5% stake in $3 bn IPO: Report

Hyundai Motor plans to dilute up to 17.5% stake in its India entity's IPO to raise $2.5 billion to $3 billion. India's second-biggest carmaker, behind Maruti Suzuki, will file papers with the stock market regulator. No new shares will be issued, only the South Korean parent will dilute its stake.

Hyundai Motor gearing up to drive into Indian capital market

Hyundai has hired several investment banks to manage the IPO and is targeting a valuation of $22-28 billion. The IPO could lead to a rerating of the Indian automobile sector and benefit Hyundai's closest rival, Maruti Suzuki.

India bankers brace for IPO surge as election uncertainty lifts

About $3.9 billion has been raised in India via IPOs so far this year, more than double the same period in 2023, and a tally that’s higher than the combined amount raised in South Korea and Hong Kong, according to data compiled by Bloomberg.

Hyundai adds more banks for possible record D-Street IPO

Hyundai Motor India Ltd. plans to file for an IPO in June, International Financing Review reported earlier Monday, when it also said Kotak and Morgan Stanley were joining the syndicate, citing unnamed people with knowledge of the situation. IFR said the listing could raise as much as $3 billion.

Big IPOs seen making a comeback as stock boom continues

A flurry of small deals has made India one of Asia’s busiest IPO markets this year. Bigger share sales brighten the nation’s chances of attracting global funds as investors rotate money amid a patchy recovery in China.

Shipping is a dirty business. Cleaning it up is lucrative

HD Hyundai Marine's successful IPO attracted investors' attention by doubling stock value. It aims to provide eco-friendly solutions and expand globally in the maritime industry.

Hyundai plans to launch its first hybrid car in India in 2026, says EVs long-run strategy

The group, housing Hyundai Motor and Kia Corp, is evaluating a hybrid sport-utility vehicle of size similar to its top-selling, mid-sized Creta SUV in India, said two of the sources who have direct knowledge of the plans.

India, Korea and Japan to see more IPOs while China stalls

While IPOs returned to major venues in Europe and the US, the slowdown in Asia was mostly due to Beijing’s decision to ramp up scrutiny of domestic new share sales as it tries to boost confidence in its equities market. Large deals in Hong Kong also vanished amid concerns about China’s economy. The city hasn’t hosted an offering larger than $1 billion since Oct. 2022.

Hyundai seeks expansion, higher valuation with India IPO

Hyundai Motor's planned $3 billion IPO in India aims to achieve two objectives: expand in a rapidly growing market and address the "Korea discount" that affects its valuation back home. As India's second-largest carmaker, Hyundai seeks to leverage its popularity in India and reduce reliance on its parent company for funds.

Hyundai Motor says IPO for its India unit not decided yet

Hyundai Motor India is in early talks for an initial public offering (IPO) and has held discussions with several banks, including JP Morgan, Morgan Stanley, Citi and Bank of America, according to two people, who have been briefed on the matter.