Hyundai Motor India targets $3.5 billion IPO, aims for record haul

By: Bloomberg | Updated on: 02 Jul 2024, 19:27 PM Hyundai Motor Co. could raise as much as $3.5 billion from the eagerly anticipated initial public offering of its Indian unit, people familiar with th … Hyundai Motor Co. could raise as much as $3.5 billion from the eagerly anticipated initial public offering of its … Read more

Hyundai’s journey in India has been through SUVs

By revenue, Hyundai Motor is the third-largest passenger vehicle company in India, behind Maruti Suzuki and Mahindra and Mahindra, with revenues of ₹60,310 crore in 2022-23 and ₹52,158 crore for the 9-month period ended December 2023.  With 13 models currently, Hyundai India has an overall market share of 14.6% in passenger vehicles, just ahead of … Read more

Hyundai India to dilute 17.5% of its stake in its latest IPO

By: ANI | Updated on: 19 Jun 2024, 06:53 AM Hyundai India has reserved shares for various types of investors, with retail investors to receive 35 per cent of total shares. Institutions such as b … Hyundai India has reserved shares for various types of investors, with retail investors to receive 35 per cent of … Read more