Hyundai Motors India Limited, the Indian arm of South Korean automaker Hyundai, has filed a draft red herring prospectus with the Securities and Exchange Board of India (SEBI) today. The IPO aims to raise $3 billion, valuing the company at $20 billion. The offer involves the sale of 140 to 150 million shares, making it the largest IPO in India’s stock market history if successfull.
This post was last modified on 14 June 2024 6:29 pm
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