IPO-bound Hyundai Motor India is valued higher than parent entity; here's why
The Hyundai Motor India IPO is entirely an offer-for-sale of 14.2 crore equity shares by promoter Hyundai Motor Company with no fresh issue component. Hence, the IPO proceeds (excluding offer expenses) will be received by the parent.
IPO-Bound Hyundai India To Expand EV Presence Starting With Creta
A central focus of Hyundai’s EV push is the upcoming launch of the Creta EV, an all-electric version of its popular SUV model, set to debut in 2025. This is part of a broader strategy to introduce a range of EVs across various price segments. It already has the IONIQ 5 and Kona Electric models in the market.
Hyundai Motor India will be the first initial share sale of an automaker in over two decades. The previous one was by Maruti ...
Hyundai Motor said on Wednesday (Oct 9) it plans to use proceeds from a record US$3 billion IPO of its Indian unit to enhance ...
India has been dominating the global IPO market, with 239 initial public offerings (IPOs) hitting Dalal Street in the first ...
2don MSN
Despite contributing only 6.5 per cent of Hyundai's global revenues and 8 per cent of its profitability, Hyundai’s India unit ...
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