Hyundai India plans the largest IPO in the country's history
Hyundai Motor India is preparing for the largest IPO in Indian history, planning to raise $3.3 billion by selling shares at a price of 1,960 rupees. Anchor investors have already purchased $989 million worth of shares.
Hyundai Motor India is planning to conduct the largest IPO in India's history, setting the share price at 1,960 rupees. The company intends to raise $3.3 billion by selling 142.2 million shares. The share price is close to the upper limit of the range offered to investors. Anchor investors have already invested about $989 million in the company's shares, and Hyundai India's total valuation will be $19 billion.
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