20 hours ago
Hyundai Motor India to Price Shares at Upper End of Range for $3.3 Billion IPO
Asianfin -- Hyundai Motor India plans to price its shares at ₹1,960, aiming to raise $3.3 billion in its upcoming initial public offering (IPO), according to two sources familiar with the situation. This pricing is at the top of the previously indicated range of ₹1,865 to ₹1,960 presented to investors at the launch of the deal. The company is offering 142.2 million shares, which, as per its filings, will make this the largest IPO in India by the amount raised.
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