擒数网 （随信APP) | 现代印度汽车股票在创纪录的首次公开上市后下跌

现代汽车主席郑宜顺（右三）和其他高管周二庆祝公司在印度分公司上市 - 版权 AFP Indranil MUKHERJEE

周二，现代汽车在印度股市上市表现平平，此前在该国历史上规模最大的首次公开募股中筹集了33亿美元，股价在早盘交易中比发行价下跌近5%。

世界第五大经济体的繁荣股市在过去两年引发了IPO狂热，创业公司和知名公司纷纷从投资者手中募集数十亿美元。

该IPO为现代在印度的分公司定价约190亿美元，这家销量排名印度第二的汽车制造商的总部位于韩国的母公司出售了17.5%的股份。

该汽车制造商的股价在交易的第一个早晨下跌至1870卢比（22.34美元），比发行价1960卢比下跌超过4.5%。

现代汽车集团执行主席郑宜顺在孟买举行的上市仪式上表示：“我们在1996年开始了在印度的历程...现在，28年后，通过启动印度历史上最大规模的IPO，我们公开上市。”

他补充说：“从一开始，我们就知道印度是未来。”“今天的IPO...显示了我们对这个伟大国家的承诺。”

尽管现代汽车印度的IPO超额认购了两次以上，但散户投资者仅购买了他们的一半配额。

一些分析师曾指出公司的估值可能会限制上市收益。

阿迪塔·比尔拉资本的米希尔·马纳克在上市之前表示，尽管现代汽车在印度的前景“仍然强劲”，但本次发行处于“高估值”。

困扰IPO的其他问题包括城市消费者情绪下降导致印度汽车销量下降。

九月份零售车辆销售下降超过9%，汽车经销商协会表示汽车库存已经达到“历史高的80-85天”。

现代在上世纪90年代末和本世纪初以其受欢迎的小汽车和轿车在印度大放异彩。

这家汽车制造商最近一直在大型车型方面取得成功，包括印度消费者对其SUV Creta的强劲需求。

它是为数不多在世界上人口最多的国家留下印记的外国汽车公司之一，而美国竞争对手福特和通用汽车在努力获得市场份额方面遭遇困难。

现代汽车印度董事总经理金恩秀两周前告诉记者，这家韩国公司将利用IPO资金投资于“新产品”和研发。

Hyundai chair Euisun Chung (3L) and other executives celebrate the stock market listing of the company's India unit on Tuesday - Copyright AFP Indranil MUKHERJEE

Hyundai Motor had a lacklustre Indian market debut on Tuesday after raising $3.3 billion in the country’s biggest-ever initial public offering, with shares down nearly five percent from their issue price in early trade.

A booming stock market in the world’s fifth-largest economy has stoked an IPO frenzy over the last two years, with start-ups and established companies alike scooping up billions of dollars from investors.

The IPO had valued Hyundai’s India unit, the country’s second-largest car maker by sales, at about $19 billion, with the South Korean parent firm putting up a 17.5 percent stake for purchase.

Shares of the automaker fell in the first morning of trade to 1,870 rupees ($22.34), down more than 4.5 percent from their issue price of 1,960 rupees.

“Our journey in India began in 1996… and now, 28 years later, we are going public by launching India’s largest IPO in history,” Hyundai Motor Group executive chair Euisun Chung said at the listing ceremony in Mumbai.

“From the beginning, we knew that India was the future,” he added. “Today’s IPO… demonstrates our commitment to this great nation.”

While shares in Hyundai Motor India’s IPO were oversubscribed more than two times, retail investors snapped up only half the tranche reserved for them.

Some analysts had noted that the company’s valuation could limit listing gains.

Mihir Manek of Aditya Birla Capital said prior to the listing that while Hyundai’s outlook in India “continues to be strong”, the offering was at a “rich valuation”.

Other concerns that dogged the IPO included a decline in urban consumer sentiment hitting India’s automobile sales.

Retail vehicle sales fell by more than nine percent in September, with the Federation of Automobile Dealers Associations saying car yards had reached “historically high inventory levels of 80-85 days”.

Hyundai made a splash in India during the late 1990s and early 2000s with its popular small cars and sedans.

The automaker has more recently seen success with larger models, including strong demand from Indian customers for its sports-utility vehicle the Creta.

It is one of the few foreign car companies to have left a mark on the world’s most populous country, with US rivals Ford and General Motors having struggled in their efforts to gain a market toehold.

Hyundai Motor India managing director Unsoo Kim told reporters two weeks ago that the South Korean firm would use the IPO capital to invest in “new products” and research and development.