Tag: gray market

Hyundai Motor India's IPO excitement is fading, with gray market premiums falling to 60 rupees. This reflects challenges in a competitive market amid declining demand. The $3.3 billion IPO is set to boost fundraising in India, starting trading on Oct. 22.(Reuters)
Posted in Business

Are investors being cautious about Hyundai Motor India IPO? ‘Euphoria is over’

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…

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