IPO Alert: Now all records are going to be broken…Hyundai Motor is going to do a bigger IPO than LIC, Rs 25,000 crore!
Hyundai Motor India, the Indian arm of auto industry giant Hyundai Motor, is set to conduct the country’s largest initial public offering to date. The automotive company has submitted draft documents to SEBI and has now received approval from the market regulator. The company plans to raise $3 billion (approximately Rs. 25,000 crore) from the…