Hyundai Motor India Limited (HMIL), the Indian arm of South Korean auto giant Hyundai Motor Co., is poised to launch India’s largest-ever initial public offering (IPO), potentially raising around $3 billion. This landmark move follows the green light from the Securities and Exchange Board of India (Sebi), marking a significant milestone in India’s financial market. Sebi Approval Paves the Way After filing its Draft Red Herring Prospectus (DRHP) in June 2024, Hyundai Motor India received the final observations from Sebi, setting the stage for the anticipated IPO launch in October.…
Hyundai Motor India Gears Up for Record-Breaking $3 Billion IPO in October
