NEW DELHI, June 21 (Reuters) - India raised 9.93 billion rupees ($212.6 million) from its heavily oversubscribed initial public offering of shares in the country's largest car maker, Maruti Udyog Ltd -- making it the nation's biggest IPO since 1998. The government said on Saturday that it would allot 79.4 million shares, amounting to a 27.5 percent stake, to investors, after retaining a part of the oversubscription, at 125 rupees apiece. "This has become the first large IPO through the ...
Premium Content (PAID Subscription Required)
"India raises $ 212 million from top carmaker's IPO" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
Current subscribers, please login or CLICK for support information.