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hyundai motor india launches ipo reflecting commitment to the country
Hyundai Motor Company’s Indian arm, Hyundai Motor India Ltd (HMIL), marked its IPO as a testament to the company's commitment to India, according to Executive Chair Euisun Chung. Despite a muted debut, with shares falling nearly 6% from the issue price of Rs 1,960, the Rs 27,870-crore offer was subscribed 2.37 times, driven by institutional interest.
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