MUMBAI — Stock in Hyundai Motors India fell 1.3% on its debut on Tuesday, after the company raised $3.3 billion in the South Asian nation’s biggest-ever IPO and the second-largest share sale globally so far this year.
The automaker’s $3.3 billion initial public offering was oversubscribed more than 2.3 times on Thursday, mostly driven by qualified institutional investors as retail investors held back.
