Hyundai: The Biggest IPO India Will Ever See?

Quick Summary:

Here is the financial performance of Hyundai as per its Restated Consolidated Statement of Profit and Loss.

Based on the SEBI filing, the IPO is an Offer-for-Sale of approximately 142,194,700 shares, in which the parent company will sell its shares.

This would place it among the biggest IPOs to emerge from India following the LICs recent $2.5 billion IPO in 2022.

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Article Details

Category: BusinessFinance

Markets: IndiaSouth Korea

Topics: IPO India Hyundai Motor India Limited IPO Hyundai IPO 2024 Hyundai IPO valuation Hyundai India IPO news

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-21 @ 08:50:15 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 471 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22188506

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Official Website: business-standard.com

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Coverage Areas: India

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