Hyundai plans Rs 25,000 crore IPO, Indias biggest - Qoneqt
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    Sonal Shridhar Shinde in India

    15 Jun 02:09 AM


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    Hyundai plans Rs 25,000 crore IPO, Indias biggest

    Korean car major Hyundai Motor is looking to sell around 17% stake in its Indian arm through an initial share sale (IPO), which may be India’s biggest issue so far, to raise as much as Rs 25,000 crore (around $3 billion), valuing the company at around $18 billion, or around Rs 1.5 lakh crore.