Hyundai India to launch record $3.3 billion IPO on Oct. 22
Hyundai Motor India is about to make history with a massive $3.3 billion initial public offering set for Oct. 22. This will be the largest IPO in Indian stock market history, and Hyundai plans to use the funds to ramp up production in the country and accelerate its push into the electric vehicle market. India’s stock market regulator, the Securities and Exchange Board of India, gave the green light for Hyundai’s offering Wednesday. The company will sell 17.5 percent of its Indian sub
Oct. 10, 2024