Hyundai Motor India pricing shares at top of range for largest IPO in India

From Investing.com: 2024-10-17 03:01:15

Hyundai Motor India plans to set share price at 1,960 rupees for IPO, aiming to raise $3.3 billion. This would be the largest IPO ever in India by funds raised, with 142.2 million shares being sold. South Korean parent Hyundai Motor Corp will sell 17.5% of the unit. Anchor investors bought $989 million worth of shares.



Read more at Investing.com: Hyundai Motor India set to price shares at top of range to raise $3.3 billion, sources say By Reuters