Shorts

Hyundai Motors Files Draft IPO Papers

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

Share
Published by

Recent Posts

Indian-Origin Banker Alleges Sexual Torture by Woman ED

A married Indian-origin banker, charged his senior colleague at JP Morgan Chase in New York…

1 hour ago

Defending Champ RCB Gets Humbled By GT!

The defending champions of IPL, Royal Challengers Bengaluru had a very good start to the…

7 hours ago

After SVC, Another Telugu Banner for Salman Khan?

That Bollywood Superstar Salman Khan has green signalled a big-budget entertainer for Tollywood's marquee producer…

8 hours ago

Trouble Grows for Mangli & Her Brother!

A controversy involving popular singer Mangli has taken a serious turn as police investigation moves…

9 hours ago

Bargi Dam Tragedy: 4 Tourists Dead, 15 Rescued

A major tragedy struck Madhya Pradesh’s Bargi Dam as a tourist cruise capsized with around…

9 hours ago

Allegedly Faltered Woman Ends Talented Techie’s Life

Modern day relationships have become hard to comprehend for the common population as we keep…

10 hours ago