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
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