In what could be India's biggest-ever IPO, Hyundai Motor is looking to offload up to a 17.5% stake in the initial public offering of its India unit. According to draft papers filed with Sebi, the carmaker aims to raise $2.5-3 billion or around Rs 25,000 crore via the initial share sale at a valuation of up to $30 bn. Here's everything you need to know about the mother of all IPOs.
Source: Economic Times June 19, 2024 20:07 UTC