HYUNDAI MOTOR INDIA IPO VALUATION
D-Street's IPO boom is defying the market¡¯s historical slump While last year’s impressive rally in Indian shares has lost momentum, with the Nifty 50 experiencing its worst monthly losing streak since 2001 amid concerns over slowing economic and earnings growth, demand for new equity offerings remains strong....
29 Jan, 2025, 10.28 AM ISTZetwerk selects banks for $500 million India IPO Indian manufacturing firm Zetwerk Pvt is planning an initial public offering in Mumbai, aiming to raise at least $500 million. The company is working with several banks and could be valued at around $5 billion. Zetwerk aims to list this year and is ...
14 Jan, 2025, 10.00 PM ISTApollo said to weigh Tenneco India IPO at $2 billion valuation Apollo Global Management is exploring an IPO for Tenneco Inc.'s India business, potentially valuing it at around $2 billion. Tenneco, acquired by Apollo for $7.1 billion in 2022, could raise $400 million to $500 million through the IPO, reflecting I...
14 Jan, 2025, 09.10 AM IST- ADVERTISEMENT
EV unicorn Ather eyes $2.4 billion for IPO; prepares updated document filing Ather IPO: The EV maker expects a spurt of 80% in value from previous funding. Zerodha cofounder Nikhil Kamath, an investor in the company, is set for 150% gains on his stake. Ather is expected to file its updated draft red herring prospectus (DRHP)...
13 Jan, 2025, 09.59 AM ISTIndia's M&A activity sees 38% jump in CY24, $35 billion IPO pipeline India's M&A activity surged by 38% in CY24, reaching $109 billion, driven by Indian conglomerates and global private equity investors. The equity capital market fundraising reached $74 billion, with an active IPO pipeline. MNCs increasingly prefer I...
12 Jan, 2025, 11.56 PM ISTStocks to buy today: CLSA upgrades ONGC; Citi initiates buy on Hyundai Motor India CLSA has upgraded ONGC to "High Conviction Overweight-PF," citing multiple production and realization triggers, alongside attractive valuations and a strong dividend yield.
07 Jan, 2025, 10.33 AM ISTThe mother of all Indian IPOs: Will 2025 be the year India witnesses its largest-ever listing? 2024 witnessed a surge in IPOs with major companies raising funds, surpassing Rs 3 lakh crore. This trend is expected to continue in 2025 with significant listings from giants like Flipkart, LG India, and Reliance Industries' Jio. Subsidiaries of li...
31 Dec, 2024, 03.37 PM ISTHit and miss in 2024, but what's the future for India's Rs 8,000 crore-plus IPOs The Indian IPO market witnessed large-scale issues this year, with mixed results. Hyundai's IPO underperformed, while Swiggy and NTPC Green delivered positive returns. Despite Hyundai's initial struggles, analysts remain optimistic about its long-te...
28 Dec, 2024, 02.25 PM ISTIPO fundraising touches a record Rs 1.6 lakh cr in 2024 This exceptional year not only reflected the confidence of issuers but also highlighted investors' eagerness to seize listing-day gains or back companies with strong long-term growth potential.
24 Dec, 2024, 10.44 AM ISTBanner year beckons again after $19 billion IPO record India's IPO market is booming, exceeding $19 billion raised this year, with companies like Vishal Mega Mart seeing successful debuts. Female leaders in finance predict continued growth in IPOs and M&A activity in 2025, driven by strong economic grow...
20 Dec, 2024, 08.50 AM ISTTackling the 'Korean Discount': A deep dive into curious case of Hyundai Motor India's market listing Hyundai Motor India's record-breaking IPO, possibly aimed at escaping the "Korean Discount," debuted with a high valuation. Despite initial scepticism, the company's strong market position and focus on EVs suggest a long-term growth strategy. Howeve...
10 Dec, 2024, 09.15 AM ISTIndia's IPO fundraising set for landmark year 2024: report Taking opportunities in India's booming stock market, many companies intended to list their shares, and a sizable number of them have made handsome gains.
08 Dec, 2024, 11.03 AM ISTLG Electronics India files IPO papers to raise ?15,000 crore LG Electronics India filed for a ?15,000 crore IPO, potentially India's fifth-largest. The South Korean electronics giant, a market leader in several appliance categories, aims to sell a 15% stake. This marks LG's second IPO in India, following Hyun...
07 Dec, 2024, 09.40 AM ISTReadying for IPO, LG hops on to a Hyundai car Broking firms said companies borrow from each other when setting up their investor sections but these are not made public until they're ready. Another person said it might have been beta testing of the section on the LG India website that went publi...
29 Nov, 2024, 05.33 AM ISTHyundai Motor India gets Rs 5 cr demand from Maharashtra tax authority Hyundai Motor India Ltd (HMIL) has received a show cause notice from the Maharashtra State Tax Authority, demanding over Rs 5 crore for an alleged excess input tax credit (ITC) claim. The notice includes Rs 2.741 crore in tax and Rs 2.279 crore in i...
26 Nov, 2024, 01.44 PM ISTHyundai Motor India bets big on CNG models, sees growing demand across rural & urban markets Hyundai Motor India is witnessing a surge in demand for its CNG vehicles. The company attributes this growth to the expanding CNG infra and its innovative 'Hy-CNG Duo' technology. This technology offers enhanced boot space and fuel efficiency. Hyund...
17 Nov, 2024, 08.11 PM ISTValuations, weak demand slow auto bull run Since April 2020, the Nifty Auto Index has surged 430% as against the 201% up move in the Nifty. Among auto shares, Maruti Suzuki gained 186%, Tata Motors soared 1,250%, Mahindra & Mahindra jumped 892%, Bajaj Auto rose 390% and Hero Motocorp advance...
29 Oct, 2024, 05.27 AM ISTHyundai IPO valuation: How it stacks against rivals Maruti Suzuki, M&M and Tata Motors Hyundai Motor India will launch a Rs 27,870 crore IPO, expected to trade at 26X FY2024 earnings. Brokers have mixed views on its valuation. Some see it as high with limited short-term gains, while others find it fair compared to rivals Maruti Suzuki...
15 Oct, 2024, 10.00 AM ISTHyundai Motor IPO: Premium pricing leaves little room for listing gains in India's largest offering Hyundai Motor India's IPO is set to launch on October 15 at Rs 1960. Though the pricing is considered high, analysts see it as a strong long-term investment. The company plans to invest heavily in new technologies and aims to establish India as a gl...
14 Oct, 2024, 11.36 AM ISTHyundai seeks $19 billion value in India¡¯s biggest ever IPO: Report Hyundai Motor Company seeks a $19 billion valuation for Hyundai Motor India’s biggest IPO, aimed at raising $3.3 billion by selling a 17.5% stake. The listing, expected on October 22 in Mumbai, anticipates significant interest from foreign and local...
04 Oct, 2024, 04.42 PM IST