Hyundai seeks $19 billion value in India’s biggest ever IPO: Report
WEB1 day ago · Hyundai Motor Company seeks a $19 billion valuation for Hyundai Motor India’s biggest IPO, aimed at raising $3.3 billion by selling a 17.5% stake. The listing, expected on October 22 in Mumbai, anticipates significant interest from foreign and local investors, breaking previous records set by LIC.
Hyundai India may launch Rs 25,000-crore IPO on October 14
WEB2 days ago · Hyundai Motor India plans to launch a Rs 25,000-crore IPO on Oct 14, marking India's largest share sale since LIC's in 2022. The IPO, comprising entirely of an Offer-for-Sale (OFS) of shares by promoter Hyundai Motor Company, aims to raise $3 billion. This is the first automotive IPO in India since Maruti Suzuki's 2003 listing.
Hyundai Gears Up for India's Largest IPO: Targets $19 ... - TechStory
WEB7 hours ago · Hyundai is anticipated to hit new records with its initial public offering (IPO), surpassing the historic 2022 sale of the Life Insurance Corporation of India (LIC), which earned ₹206 billion ($2.5 billion).
Hyundai Motor India likely to launch Rs 25,000 crore IPO on Oct 14
WEB2 days ago · Hyundai Motor India Ltd, the Indian arm of South Korean automaker Hyundai, is expected to launch its much-awaited Rs 25,000-crore initial share-sale for public subscription on October 14, people familiar with the development said on Thursday.
Hyundai Motor India likely to launch Rs 25,000 crore IPO on …
WEB2 days ago · Hyundai’s Indian arm is eyeing to raise $3 billion, around Rs 25,000 crore through its initial stake sale. The issue is entirely an offer-for-sale (OFS) by the promoter Hyundai Motor Company.
Hyundai Motor India may launch its INR 25,000 cr IPO on Oct 14
WEB1 day ago · Hyundai Motor India may launch its INR 25,000 cr IPO on Oct 14. The South Korean parent is diluting some of the stake through the OFS route. Since the public issue is completely an OFS, Hyundai Motor India Ltd, which is the second largest carmaker in India after Maruti Suzuki India, will not receive any proceeds from the IPO. PTI.
Hyundai Motor India may launch ₹25,000-crore IPO on October …
WEB2 days ago · Hyundai Motor India aims to raise ₹25,000 crore through the proposed initial public offering. This would be the largest IPO in India after LIC’s initial share sale of ₹21,000 crore.
Hyundai Motors India IPO: Country's largest ever IPO to open
WEB2 days ago · Capital markets regulator SEBI has cleared the IPO papers for Hyundai Motor India Ltd. The company plans to launch an IPO of up to 142,194,700 equity shares, each with a face value of ₹10. A CNBC-TV18 report earlier had said that the potential valuation of Hyundai India's IPO could be around ₹25,000 crore (nearly $3 billion) and the company ...
Hyundai IPO: India’s biggest public issue to hit D-Street before …
WEB5 days ago · Hyundai Motor India looks to raise around ₹25,000 crore via IPO. Advertisement. Hyundai Motor India (HMI), which recently received the green signal from the Securities and Exchange Board of India (SEBI) for its initial public offering (IPO), is planning to hit Dalal Street before Diwali.
Hyundai: India’s biggest IPO could come from South Korean car ... - CNN
WEBJun 17, 2024 · Hyundai, India’s second-biggest car maker behind Maruti Suzuki, will not issue new shares in the IPO, which will involve its South Korean parent selling part of its stake in the wholly owned...