Hyundai Motor's India Unit Files for Country's Largest IPO, Boosting Share Price
Hyundai Motor's India unit files for IPO, sharing surge 6.34% to reach 285,000 won, hitting a new 52-week high.
Hyundai MotorIpoIndiaSharesCarmakerReal Estate NewsJun 17, 2024
Frequently Asked Questions
How much is Hyundai Motor's India unit aiming to raise through its IPO?
About $3 billion (Rs 25,000 crore)
What is the current rank of Hyundai Motor India in terms of passenger sales volumes?
Second-largest, following Maruti Suzuki
What is the expected size of Hyundai Motor's IPO if approved?
The largest in India since the state-owned Life Insurance Corporation of India's (LIC) $2.7 billion listing in 2022
What is the current Hyundai Motor share price after the announcement?
279,000 won
What is the percentage surge in Hyundai Motor's stock after the announcement?
6.34 per cent
Related News Articles
Visakhapatnam's Erra Matti Dibbalu: A Geological Heritage Site in Peril
Real estate ventures, film shoots, and lack of protection threaten the existence of Erra Matti Dibbalu, a unique natural wonder in Visakhapatnam.
Macrotech Developers Sees Significant Profit Jump in Q1 Results
Macrotech Developers' net profit surges to Rs 475 crore in Q1, backed by higher income and strong pre-sales of Rs 4,030 crore
The Flawed Tax Reform: How Removing Indexation on Real Estate Will Hurt the Market
The government's decision to remove indexation on real estate transactions will lead to adverse implications for the market and economy, contrary to claims of benefiting the middle class.
Mumbai Real Estate Market Sees 10% Growth in Average Home Sales Value
The Mumbai Metropolitan Region (MMR) has witnessed a 10% year-over-year growth in average registered home sales value in the second quarter of 2024, with a total of 50,025 residential real estate transactions registered, amounting to a sales value of INR
Delhi-NCR Sees Tripled Housing Supply in Sep Quarter Amidst Strong Demand
Fresh supply of residential properties in Delhi-NCR is estimated to triple during July-September to over 13,300 units as developers look to encash strong demand.
Noida Gains Prominence as Top Real Estate Hub, Attracts 50% of Investments in UP
Noida has emerged as the leading destination for real estate investments in Uttar Pradesh, capturing nearly half of the total investments in the region. This growth is attributed to its strategic location, robust infrastructure, and numerous development i