 "Hyundai Motor India gears up for an IPO, aiming for a valuation that could surpass market leader Maruti Suzuki.")
Hyundai Motor India gears up for an IPO, aiming for a valuation that could surpass market leader Maruti Suzuki.
Hyundai Motor India (HMI) has received approval from Sebi to launch its initial public offering (IPO), which is expected to happen in early November. The IPO, valued at around Rs 25,000 crore, allows Hyundai Motor Company to sell a 17.5 percent stake in its Indian unit. According to Nomura, HMI might achieve a valuation higher ...
