Hyundai Motor India plans a $2.5B IPO, the first from an automaker since Maruti Suzuki in 2003.
Hyundai Motor Co. plans to file for an initial public offering (IPO) for its India unit as soon as this month, with a potential listing planned by the end of the year. The automaker aims to raise around $2.5 billion, making it one of the largest IPOs in India. If successful, Hyundai Motor India's IPO would be the first from an automaker in India since Maruti Suzuki's listing in 2003.
June 10, 2024
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