Reported 7 months ago
Hyundai Motor Co.’s Indian unit is set to launch an IPO by offering 142.2 million shares, aiming to raise around $2.5 billion with a potential valuation of up to $25 billion. The IPO will not include the sale of new shares, and all proceeds will go to the parent company. The company's draft prospectus revealed revenue figures and the breakdown of share allocation for different types of investors.
Source: YAHOO