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Hyundai raises Rs 8,315 crore from anchor investors

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Mumbai: Hyundai Motor India raised ₹8,315.27 crore from 225 anchor investors on Monday ahead of the opening of its IPO. The company allocated 42.4 million shares at the upper price band of ₹1,960 to these investors.

New World Fund, Government of Singapore, ICICI Prudential Bluechip Fund, HDFC Flexi Cap Fund, SBI Automotive Opportunities Fund, SBI Magnum Global Fund, Fidelity Funds, Nippon India Growth Fund, SBI Life Insurance, HDFC Life Insurance, Government Pension Fund Global and Kotak Flexicap Fund were among the anchor investors.

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